Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan - 2024

Contents:

  1. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan (FOB) - 2024
  2. Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan (CIF) - 2022
  3. Exports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan
  4. Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan (FOB) - 2024

In March 2024, the average export price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $1.4 per unit, shrinking by -7.8% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 37% against the previous month. As a result, the export price reached the peak level of $1.9 per unit. From November 2023 to March 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($1.7 per unit), while the average price for exports to Kazakhstan ($274 per thousand units) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to China (0.0%), while the prices for the other major destinations experienced a decline.

Price for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan (CIF) - 2022

In 2022, the average import price for t-shirts, singlets and other vests; of cotton, knitted or crocheted amounted to $3.2 per unit, reducing by -5.3% against the previous year. Over the last five years, it increased at an average annual rate of +6.9%. The pace of growth appeared the most rapid in 2021 an increase of 22% against the previous year. As a result, import price reached the peak level of $3.3 per unit, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4.9 per unit), while the price for Turkey ($1.6 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+114.5%), 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 Uzbekistan

Exports of t-shirts, singlets and other vests; of cotton, knitted or crocheted from Uzbekistan surged to 219M units in 2022, picking up by 342% compared with 2021 figures. Overall, exports recorded a significant expansion. As a result, the exports reached 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 soared to $253M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 47% against the previous year. 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 Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kyrgyzstan5.77.015.0113170.6%
Kazakhstan7.18.69.362.1106.0%
Ukraine1.72.74.021.1131.5%
Italy3.21.80.88.538.5%
Russia86.3136147N/A30.5%
Others6.45.85.048.296.0%
Total11116218125331.6%

Top Export Markets for T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted from Uzbekistan in 2022:

  1. Kyrgyzstan (154.8M units)
  2. Kazakhstan (50.1M units)
  3. Ukraine (4.5M units)
  4. Italy (2.2M units)

Imports of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan

In 2022, the amount of t-shirts, singlets and other vests; of cotton, knitted or crocheted imported into Uzbekistan surged to 793K units, rising by 30% compared with 2021 figures. In general, imports, however, saw a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 32% against the previous year. Over the period under review, imports of attained the peak figure at 958K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of t-shirts, singlets and other vests; of cotton, knitted or crocheted soared to $2.5M in 2022. Overall, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year. Over the period under review, imports of attained the maximum at $2.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1,137339486801-11.0%
China8.035.6651526303.6%
United Arab Emirates685297335364-19.0%
Kyrgyzstan15.1N/AN/A57.656.2%
Russia10451.147.6N/A-32.3%
Others959550526762-7.4%
Total2,9071,2732,0442,511-4.8%

Top Suppliers of T-Shirts, Singlets and Other Vests; of Cotton, Knitted or Crocheted to Uzbekistan in 2022:

  1. Turkey (514.3K units)
  2. China (138.8K units)
  3. United Arab Emirates (73.8K units)
  4. Kyrgyzstan (34.5K units)

Source: IndexBox Market Intelligence Platform

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