Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey - 2024
Contents:
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2024
- Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2024
- Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey
- Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2024
In June 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.7 per unit, with an increase of 5.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 an increase of 16% month-to-month. The export price peaked at $4.5 per unit in December 2023; however, from January 2024 to June 2024, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($6.9 per unit), while the average price for exports to Ukraine ($1.5 per unit) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2024
In June 2024, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.7 per unit, increasing by 35% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $5.0 per unit in October 2023; however, from November 2023 to June 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2024, the country with the highest price was Portugal ($13.0 per unit), while the price for Moldova ($1.2 per unit) was amongst the lowest.
From June 2023 to June 2024, the most notable rate of growth in terms of prices was attained by Moldova (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey
Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Turkey reduced to 553M units in 2022, waning by -3.4% compared with 2021 figures. In general, exports showed a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. Over the period under review, the exports of reached the peak figure at 597M 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 amounted to $1.9B in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 300 | 287 | 346 | 343 | 4.6% |
| United Kingdom | 233 | 197 | 209 | 212 | -3.1% |
| Spain | 164 | 145 | 179 | 192 | 5.4% |
| Netherlands | 139 | 127 | 155 | 179 | 8.8% |
| Italy | 77.0 | 69.3 | 92.8 | 100 | 9.1% |
| France | 84.1 | 72.2 | 91.6 | 94.4 | 3.9% |
| Israel | 27.1 | 26.1 | 40.0 | 39.8 | 13.7% |
| Iraq | 38.8 | 20.7 | 23.6 | 32.7 | -5.5% |
| Kyrgyzstan | 13.5 | 10.1 | 15.8 | 26.7 | 25.5% |
| Libya | 21.3 | 12.7 | 22.3 | 26.2 | 7.1% |
| Kazakhstan | 19.5 | 27.7 | 43.3 | 25.1 | 8.8% |
| Ukraine | 16.2 | 16.5 | 23.3 | 15.4 | -1.7% |
| Algeria | 12.2 | 6.6 | 7.5 | 10.1 | -6.1% |
| Others | 627 | 495 | 605 | 586 | -2.2% |
| Total | 1,772 | 1,513 | 1,854 | 1,882 | 2.0% |
Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Turkey in 2022:
- Germany (68.8M units)
- Spain (50.8M units)
- United Kingdom (41.8M units)
- Netherlands (37.0M units)
- Iraq (24.9M units)
- France (21.0M units)
- Libya (20.8M units)
- Israel (16.6M units)
- Kyrgyzstan (16.4M units)
- Kazakhstan (15.3M units)
- Italy (15.0M units)
- Ukraine (13.2M units)
- Algeria (12.5M units)
Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Turkey
In 2022, purchases abroad of t-shirts, singlets and other vests; of cotton, knitted or crocheted was finally on the rise to reach 40M units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.5% 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.
In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $147M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.0% 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 +73.5% 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 27.2 | 26.0 | 23.4 | 45.8 | 19.0% |
| Egypt | 3.6 | 4.9 | 6.3 | 12.1 | 49.8% |
| Portugal | 8.2 | 6.4 | 7.9 | 9.6 | 5.4% |
| Georgia | 11.6 | 9.3 | 11.1 | 8.9 | -8.5% |
| Spain | 5.0 | 3.9 | 5.7 | 7.2 | 12.9% |
| Bulgaria | 5.2 | 4.2 | 4.9 | 6.6 | 8.3% |
| China | 3.9 | 3.2 | 3.1 | 6.5 | 18.6% |
| Vietnam | 3.0 | 2.7 | 3.8 | 5.0 | 18.6% |
| India | 3.0 | 2.2 | 2.2 | 4.2 | 11.9% |
| Morocco | 2.0 | 1.5 | 2.5 | 3.6 | 21.6% |
| Moldova | 4.5 | 3.4 | 3.1 | 3.4 | -8.9% |
| Uzbekistan | 0.3 | 0.9 | 0.1 | 1.9 | 85.0% |
| Others | 19.6 | 16.2 | 24.5 | 32.5 | 18.4% |
| Total | 96.9 | 84.8 | 98.6 | 147 | 14.9% |
Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Turkey in 2022:
- Bangladesh (17.4M units)
- Egypt (4.9M units)
- Moldova (3.6M units)
- Georgia (3.5M units)
- India (1.5M units)
- Spain (1.4M units)
- Uzbekistan (1.2M units)
- China (0.9M units)
- Portugal (0.7M units)
- Morocco (0.7M units)
- Vietnam (0.7M units)
- Bulgaria (0.7M units)
1020
This report provides an in-depth analysis of the t-shirt market in Turkey.
9752
This report provides an in-depth analysis of the global t-shirt market.
1020
This report provides an in-depth analysis of the t-shirt market in Turkey.
9752
This report provides an in-depth analysis of the global t-shirt market.
217
Explore the top import markets for t-shirts around the world, including the United States, Germany, France, and more. Gain valuable insights into consumer preferences and market trends in the global fashion industry.
476
In 2020, Uzbekistan was the only supplier which managed to ramp up T-shirt exports while other exporters saw a drop in sales. Exports from Uzbekistan rose by 8.5% y/y to 139M units or by 48% y/y to $165M in monetary terms.
813
After two years of growth, the global t-shirt market decreased by -3.5% to $88.5B in 2019. In general, consumption,...
1254
In 2016, the global T-shirt market grew to X units, rising by an average growth rate of X% over the last nine years.
990
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
1097
Global t-shirt imports stood at X tons in 2016, moving up by X% against the previous year figure. Overall, t-shirt imports continue to indicate a relatively flat trend pattern. The most prominent...
3319
In 2015, global T-shirt market stood at X million units.
7610
In 2015, global T-shirt market stood at X million units. In value terms, the market fluctuated over the period under review.
3640
In 2015, the value of total imports on the global T-shirt market stood at X billion USD. In physical terms, the total volume of T-shirts decreased to X billion units in 2015, which was X million units (X%) less than the year before.
7218
In 2015, the U.S. (X million units) was the leading t-shirt consuming market, distantly followed by China (X million units), the U.K. (X million units), and Canada (X million units). Together, these countries accounted for approximately X% o
