Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia - 2022

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (CIF) - 2022
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (FOB) - 2022
  3. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia
  4. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (CIF) - 2022

The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.7 per unit in 2022, falling by -31.2% against the previous year. Overall, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 62% against the previous year. The import price peaked at $4.8 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($8.7 per unit), while the price for Kyrgyzstan ($1.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (FOB) - 2022

In 2022, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $6.2 per unit, growing by 130% against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Armenia ($6.4 per unit), while the average price for exports to Kazakhstan stood at $6.1 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Armenia (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of t-shirts, singlets and other vests; of cotton, knitted or crocheted, when their volume increased by 32% to 142M units. Overall, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of reached the peak figure at 145M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted shrank to $385M in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of $424M, and then declined in the following year.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uzbekistan78.486.711016427.9%
China54.237.346.647.2-4.5%
Italy39.933.837.434.8-4.5%
Germany37.632.637.629.6-7.7%
Turkey25.621.427.026.61.3%
Vietnam19.314.732.124.48.1%
Poland9.614.319.77.7-7.1%
Spain23.520.626.04.8-41.1%
India8.86.49.74.4-20.6%
Kyrgyzstan1.33.43.73.539.1%
Belarus12.49.011.4N/A-4.1%
Others57.351.662.738.0-12.8%
Total3683324243851.5%

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

  1. Uzbekistan (90.4M units)
  2. China (15.7M units)
  3. Turkey (9.5M units)
  4. Vietnam (5.4M units)
  5. Germany (5.2M units)
  6. Italy (4.0M units)
  7. Kyrgyzstan (2.3M units)
  8. India (2.1M units)
  9. Poland (1.1M units)
  10. Spain (1.0M units)

Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia

Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Russia fell markedly to 2.8M units in 2022, dropping by -72.2% against the year before. Overall, exports continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2021 with an increase of 9.1%. The exports peaked at 11M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted fell remarkably to $17M in 2022. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 35%. As a result, the exports attained the peak of $27M, and then reduced notably in the following year.

Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan9.17.711.015.118.4%
Armenia0.30.20.40.410.1%
Uzbekistan1.60.20.1N/A-75.0%
Belarus11.610.213.0N/A5.9%
Others2.11.52.31.6-8.7%
Total24.719.826.817.1-11.5%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Russia in 2022:

  1. Kazakhstan (2491.8K units)
  2. Armenia (64.5K units)
  3. Uzbekistan (5.1K units)

Source: IndexBox Market Intelligence Platform

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