Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates - 2022
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022
The average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $3.8 per unit in 2022, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2015 when the average import price increased by 28% against the previous year. Over the period under review, average import prices reached the peak figure at $3.8 per unit in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($9.8 per unit), while the price for India ($2.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022
The average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $6.7 per unit in 2022, rising by 29% against the previous year. In general, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted increased by +35.9% against 2014 indices. The pace of growth was the most pronounced in 2014 an increase of 51%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($20 per unit), while the average price for exports to the United States ($1.7 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 France (+16.5%), 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 the United Arab Emirates
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into the United Arab Emirates soared to 159M units, rising by 32% against the year before. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. 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 soared to $604M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2020 indices. 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 United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 282 | 211 | 180 | 186 | -13.0% |
| Egypt | 7.5 | 19.0 | 93.0 | 184 | 190.6% |
| China | 51.0 | 27.8 | 36.5 | 63.4 | 7.5% |
| Turkey | 12.7 | 9.1 | 14.2 | 16.9 | 10.0% |
| Others | 112 | 89.4 | 135 | 154 | 11.2% |
| Total | 465 | 356 | 459 | 604 | 9.1% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to the United Arab Emirates in 2022:
- India (74.4M units)
- Egypt (40.9M units)
- China (18.9M units)
- Turkey (5.4M units)
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates
In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted exported from the United Arab Emirates fell remarkably to 5M units, declining by -18% on 2021. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 31%. Over the period under review, the exports of reached the maximum at 7.9M 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 expanded significantly to $34M in 2022. In general, exports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. Over the period under review, the exports of reached the maximum at $36M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 25.1 | 16.1 | 22.6 | 23.2 | -2.6% |
| Kuwait | 1.9 | 0.2 | 0.8 | 1.9 | 0.0% |
| Netherlands | 0.1 | 0.1 | 0.5 | 1.6 | 152.0% |
| India | 1.1 | 0.4 | 0.2 | 1.2 | 2.9% |
| United Kingdom | 1.7 | 0.7 | 0.5 | 0.4 | -38.3% |
| Saudi Arabia | 1.1 | 0.9 | 2.6 | N/A | 53.7% |
| Others | 4.7 | 4.8 | 4.7 | 5.4 | 4.7% |
| Total | 35.7 | 23.2 | 32.0 | 33.7 | -1.9% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from the United Arab Emirates in 2022:
- Oman (3319.7K units)
- Netherlands (308.6K units)
- Kuwait (274.5K units)
- India (260.2K units)
- United Kingdom (72.6K units)
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