Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar (CIF) - 2024
  2. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar (CIF) - 2024

The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $6.6 per unit in May 2024, surging by 21% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2024 when the average import price increased by 26% month-to-month. Over the period under review, average import prices attained the maximum at $6.7 per unit in June 2023; however, from July 2023 to May 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($20.4 per unit), while the price for Pakistan ($3.5 per unit) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar

In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Qatar skyrocketed to 16M units, growing by 38% against the previous year's figure. Overall, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted surged to $90M in 2022. Over the period under review, imports showed strong growth. The growth pace was the most rapid in 2021 when imports increased by 36%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Qatar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India17.211.817.820.56.0%
China7.95.78.816.527.8%
Bangladesh6.05.18.711.524.2%
Turkey5.34.96.610.324.8%
Portugal2.62.43.34.822.7%
Vietnam1.21.52.42.731.0%
Peru0.20.20.30.314.5%
Others12.317.218.523.624.3%
Total52.748.766.390.219.6%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Qatar in 2022:

  1. India (5.3M units)
  2. Bangladesh (4.4M units)
  3. China (2.3M units)
  4. Turkey (2.0M units)
  5. Portugal (0.8M units)
  6. Vietnam (0.4M units)
  7. Peru (0.3M units)

Source: IndexBox Market Intelligence Platform

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