Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands (CIF) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands (CIF) - 2024
In April 2024, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.0 per unit, shrinking by -18% against the previous month. Over the period under review, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in March 2024 an increase of 12% against the previous month. The import price peaked at $4.7 per unit in August 2023; however, from September 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 Turkey ($6.2 per unit), while the price for Morocco ($1.4 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 Germany (+2.3%), 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 the Netherlands (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $5.6 per unit in 2022, rising by 3.9% against the previous year. Overall, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 19%. The export price peaked at $6.9 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($13 per unit), while the average price for exports to Belgium ($3.6 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 Poland (+4.6%), 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 the Netherlands
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into the Netherlands soared to 384M units, with an increase of 30% on 2021 figures. The total import volume increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 skyrocketed to $1.5B in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 238 | 213 | 257 | 425 | 21.3% |
| Germany | 196 | 174 | 230 | 231 | 5.6% |
| Turkey | 120 | 119 | 149 | 167 | 11.6% |
| China | 78.1 | 62.3 | 76.5 | 99.4 | 8.4% |
| India | 78.0 | 63.3 | 72.2 | 96.2 | 7.2% |
| Belgium | 52.0 | 43.8 | 59.5 | 63.9 | 7.1% |
| Vietnam | 39.6 | 36.4 | 44.8 | 61.6 | 15.9% |
| Denmark | 41.0 | 30.5 | 36.3 | 43.4 | 1.9% |
| Sri Lanka | 20.2 | 31.4 | 34.3 | 26.2 | 9.1% |
| Morocco | N/A | 17.2 | 24.6 | 17.6 | 1.2% |
| Others | 237 | 235 | 253 | 273 | 4.8% |
| Total | 1,100 | 1,026 | 1,237 | 1,504 | 11.0% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to the Netherlands in 2022:
- Bangladesh (176.1M units)
- Turkey (34.6M units)
- Germany (34.2M units)
- China (29.9M units)
- India (29.7M units)
- Vietnam (12.2M units)
- Morocco (10.7M units)
- Belgium (6.3M units)
- Denmark (6.2M units)
- Sri Lanka (5.2M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands
In 2022, overseas shipments of t-shirts, singlets and other vests; of cotton, knitted or crocheted decreased by -13.3% to 215M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 33% against the previous year. The exports peaked at 249M units in 2021, and then reduced in the following year.
In value terms, exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted declined to $1.2B in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 20%. Over the period under review, the exports of attained the peak figure at $1.3B in 2021, and then declined in the following year.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 297 | 373 | 461 | 375 | 8.1% |
| France | 109 | 167 | 173 | 153 | 12.0% |
| Italy | 61.1 | 72.4 | 113 | 125 | 26.9% |
| Poland | 38.9 | 57.2 | 80.6 | 77.2 | 25.7% |
| Spain | 63.6 | 66.7 | 109 | 66.1 | 1.3% |
| Belgium | 55.8 | 58.8 | 65.7 | 64.2 | 4.8% |
| United Kingdom | 130 | 141 | 47.4 | 54.1 | -25.3% |
| Czech Republic | 13.4 | 33.5 | 41.4 | 36.9 | 40.2% |
| Sweden | 35.4 | 25.5 | 27.8 | 24.9 | -11.1% |
| Others | 142 | 144 | 214 | 223 | 16.2% |
| Total | 945 | 1,139 | 1,332 | 1,200 | 8.3% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from the Netherlands in 2022:
- Germany (82.5M units)
- France (35.2M units)
- Italy (18.6M units)
- Belgium (17.7M units)
- Poland (10.2M units)
- Czech Republic (9.4M units)
- Spain (9.3M units)
- United Kingdom (4.3M units)
- Sweden (3.8M units)
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