Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
In 2021, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $7.7 per unit, picking up by 17% against the previous year. Over the period under review, the export price posted measured growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 40%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see steady growth in the near future.
Average prices varied noticeably for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($4.7 per unit) and Bahrain ($4.7 per unit), while the average price for exports to Kuwait ($4.7 per unit) and Qatar ($4.7 per unit) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+54.0%), while the prices for the other major destinations experienced a decline.
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted exported from Saudi Arabia skyrocketed to 192K units, growing by 78% against 2021 figures. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 136% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $1.4M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| United Arab Emirates | 277 | 1,059 | 282.3% |
| Bahrain | 440 | 246 | -44.1% |
| France | N/A | 74.7 | 0% |
| Kuwait | 85.8 | 67.5 | -21.3% |
| Qatar | N/A | 45.8 | 0% |
| Italy | N/A | 33.3 | 0% |
| Bangladesh | 4.7 | 33.0 | 602.1% |
| Oman | 24.4 | N/A | 0% |
| Others | -532.7 | -731.6 | 37.3% |
| Total | 300 | 828 | 176.0% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Saudi Arabia in 2022:
- United Arab Emirates (223.0K units)
- Bahrain (51.9K units)
- France (15.7K units)
- Kuwait (14.2K units)
- Qatar (9.6K units)
- Italy (7.0K units)
- Bangladesh (6.9K units)
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