Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (CIF) - 2024
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.7 per unit in April 2024, waning by -14.4% against the previous month. Overall, the import price continues to indicate a pronounced contraction. The pace of growth was the most pronounced in February 2024 an increase of 35% against the previous month. As a result, import price attained the peak level of $4.1 per unit. From March 2024 to April 2024, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Pakistan ($4.3 per unit), while the price for India ($1.7 per unit) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Hungary (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $3.2 per unit in 2022, growing by 32% against the previous year. Overall, the export price, however, recorded a slight decline. Over the period under review, the average export prices reached the maximum at $3.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($4 per unit), while the average price for exports to Romania ($1.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Croatia (-0.5%), while the prices for the other major destinations experienced a decline.
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia
In 2022, approx. 57M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were imported into Slovakia; increasing by 4.2% against 2021. The total import volume increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 26%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted rose sharply to $177M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.2 | 50.8 | 67.2 | 72.2 | 106.5% |
Poland | 5.0 | 17.9 | 24.4 | 23.2 | 66.8% |
Bangladesh | 58.6 | 9.7 | 10.9 | 16.3 | -34.7% |
Czech Republic | 4.7 | 15.7 | 16.7 | 16.2 | 51.1% |
Hungary | 0.9 | 1.2 | 5.4 | 8.5 | 111.4% |
Austria | 1.6 | 4.9 | 4.8 | 6.4 | 58.7% |
Turkey | 11.6 | 5.9 | 4.9 | 5.5 | -22.0% |
Slovenia | N/A | N/A | N/A | 3.0 | 0% |
India | 15.6 | 3.3 | 4.1 | 2.8 | -43.6% |
Sri Lanka | 3.7 | 1.8 | 1.9 | 1.4 | -27.7% |
Others | 33.7 | 18.9 | 27.0 | 21.9 | -13.4% |
Total | 144 | 130 | 167 | 177 | 7.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Slovakia in 2022:
- Germany (25.6M units)
- Poland (6.1M units)
- Bangladesh (5.7M units)
- Czech Republic (4.8M units)
- Hungary (4.5M units)
- Slovenia (1.9M units)
- Turkey (1.4M units)
- India (1.2M units)
- Austria (1.1M units)
- Sri Lanka (0.6M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia
In 2022, approx. 55M units of t-shirts, singlets and other vests; of cotton, knitted or crocheted were exported from Slovakia; surging by 13% against the year before. The total export volume increased at an average annual rate of +8.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 26%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted skyrocketed to $176M in 2022. Over the period under review, exports enjoyed resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Slovakia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 28.3 | 21.4 | 29.5 | 55.6 | 25.2% |
Hungary | 17.2 | 16.6 | 19.5 | 47.7 | 40.5% |
Poland | 20.5 | 18.8 | 21.7 | 25.5 | 7.5% |
Austria | 11.9 | 10.0 | 11.2 | 13.6 | 4.6% |
Romania | 3.1 | 4.9 | 6.4 | 7.0 | 31.2% |
Germany | 12.0 | 9.4 | 8.4 | 6.2 | -19.8% |
Croatia | 3.5 | 3.5 | 4.8 | 4.6 | 9.5% |
Italy | 0.9 | 2.0 | 6.1 | 3.9 | 63.0% |
Others | 7.8 | 7.1 | 10.4 | 12.0 | 15.4% |
Total | 105 | 93.7 | 118 | 176 | 18.8% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Slovakia in 2022:
- Czech Republic (14.1M units)
- Hungary (12.0M units)
- Poland (10.3M units)
- Austria (5.9M units)
- Romania (3.8M units)
- Croatia (2.0M units)
- Italy (1.8M units)
- Germany (1.7M units)
This report provides an in-depth analysis of the t-shirt market in Slovakia.
This report provides an in-depth analysis of the global t-shirt market.
This report provides an in-depth analysis of the t-shirt market in Slovakia.
This report provides an in-depth analysis of the global t-shirt market.
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