Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden (FOB) - 2024
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden (CIF) - 2024
In April 2024, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $2.8 per unit, which is down by -31.5% against the previous month. Over the period under review, the import price saw a noticeable setback. The most prominent rate of growth was recorded in March 2024 an increase of 44% month-to-month. Over the period under review, average import prices hit record highs at $5.3 per unit in November 2023; however, from December 2023 to April 2024, 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 China ($4.9 per unit), while the price for Bangladesh ($2.3 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 India (+2.1%), 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 Sweden (FOB) - 2024
In April 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $7.8 per unit, remaining constant against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2023 an increase of 22% m-o-m. As a result, the export price reached the peak level of $10.1 per unit. From January 2024 to April 2024, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($18.7 per unit), while the average price for exports to Norway ($6.0 per unit) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden
In 2022, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted into Sweden skyrocketed to 82M units, growing by 19% against 2021 figures. The total import volume increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak 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 stood at $321M in 2022. The total import value increased at an average annual rate of +8.1% 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 imports increased by 18%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 91.1 | 70.9 | 84.3 | 115 | 8.1% |
| Germany | 36.0 | 35.0 | 36.2 | 32.2 | -3.7% |
| Denmark | 21.7 | 23.2 | 30.3 | 32.0 | 13.8% |
| Turkey | 15.1 | 15.3 | 20.8 | 20.9 | 11.4% |
| Netherlands | 12.2 | 13.2 | 18.9 | 19.2 | 16.3% |
| India | 10.3 | 8.9 | 11.2 | 13.7 | 10.0% |
| China | 10.1 | 15.4 | 13.3 | 13.0 | 8.8% |
| Others | 57.9 | 63.0 | 73.4 | 75.2 | 9.1% |
| Total | 254 | 245 | 288 | 321 | 8.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Sweden in 2022:
- Bangladesh (47.9M units)
- Turkey (6.3M units)
- India (6.0M units)
- Germany (5.7M units)
- Denmark (4.1M units)
- China (2.3M units)
- Netherlands (2.0M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden
For the fourth year in a row, Sweden recorded growth in shipments abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted, which increased by 20% to 20M units in 2022. The total export volume increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak 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 expanded markedly to $144M in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 16.8 | 26.6 | 36.3 | 41.1 | 34.7% |
| Finland | 21.1 | 20.9 | 18.9 | 18.9 | -3.6% |
| Denmark | 12.8 | 16.6 | 19.9 | 17.4 | 10.8% |
| Germany | 12.3 | 15.7 | 15.5 | 14.8 | 6.4% |
| Poland | 3.6 | 5.7 | 6.5 | 6.3 | 20.5% |
| United Kingdom | 4.1 | 4.2 | 5.3 | 5.7 | 11.6% |
| Netherlands | 2.4 | 2.8 | 4.2 | 3.7 | 15.5% |
| Slovakia | 0.4 | 0.5 | 0.6 | 2.8 | 91.3% |
| Czech Republic | 0.9 | 1.2 | 1.5 | 2.6 | 42.4% |
| Belgium | 1.1 | 1.3 | 1.5 | 2.4 | 29.7% |
| Others | 20.4 | 21.9 | 26.3 | 27.9 | 11.0% |
| Total | 95.9 | 117 | 137 | 144 | 14.5% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Sweden in 2022:
- Norway (6.8M units)
- Finland (4.3M units)
- Denmark (2.4M units)
- Germany (1.3M units)
- Poland (0.9M units)
- Netherlands (0.4M units)
- Czech Republic (0.4M units)
- Belgium (0.4M units)
- Slovakia (0.4M units)
- United Kingdom (0.3M units)
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