Estonia - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingT-Shirt Price in Estonia - 2023
Contents:
- T-Shirt Price in Estonia (CIF) - 2023
- T-Shirt Price in Estonia (FOB) - 2023
- T-Shirt Imports in Estonia
- T-Shirt Exports in Estonia
T-Shirt Price in Estonia (CIF) - 2023
The average t-shirt import price stood at $15.4 per unit in September 2023, growing by 8.8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in January 2023 an increase of 9.4% month-to-month. The import price peaked at $15.5 per unit in May 2023; however, from June 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($37.2 per unit), while the price for Norway ($8.2 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
T-Shirt Price in Estonia (FOB) - 2023
The average t-shirt export price stood at $33.8 per unit in September 2023, rising by 22% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 72% m-o-m. As a result, the export price attained the peak level of $40.5 per unit. From May 2023 to September 2023, 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 Czech Republic ($41.8 per unit), while the average price for exports to Russia ($16.3 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
T-Shirt Imports in Estonia
In 2022, approx. 2.6M units of t-shirts were imported into Estonia; waning by -1.8% compared with 2021. In general, imports continue to indicate a precipitous descent. Over the period under review, imports attained the peak figure at 7.4M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, t-shirt imports rose remarkably to $14M in 2022. Overall, imports showed a precipitous decrease. Imports peaked at $33M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of T-Shirt in Estonia (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.2 | 1.9 | 2.2 | 2.6 | 5.7% |
Norway | 0.6 | 0.6 | 0.9 | 1.7 | 41.5% |
Poland | 3.9 | 3.8 | 1.4 | 1.4 | -28.9% |
Germany | 4.2 | 4.1 | 1.4 | 1.3 | -32.4% |
Turkey | 1.1 | 0.7 | 0.7 | 0.6 | -18.3% |
Italy | 2.0 | 1.7 | 0.6 | 0.6 | -33.1% |
Bangladesh | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
India | 0.5 | 0.3 | 0.3 | 0.4 | -7.2% |
Latvia | 1.6 | 1.3 | 0.3 | 0.4 | -37.0% |
Greece | 0.3 | 0.1 | 0.1 | 0.2 | -12.6% |
France | 0.7 | 0.5 | 0.2 | 0.2 | -34.1% |
Spain | 1.2 | 0.8 | 0.2 | 0.2 | -45.0% |
Hong Kong SAR | 2.5 | 0.6 | N/A | N/A | -76.0% |
Others | 11.2 | 8.4 | 4.4 | 4.0 | -29.1% |
Total | 32.5 | 25.2 | 13.1 | 14.3 | -23.9% |
Top Suppliers of T-Shirt to Estonia in 2022:
- Norway (504.6K units)
- Poland (454.2K units)
- China (267.3K units)
- Germany (204.0K units)
- Greece (168.6K units)
- India (144.8K units)
- Bangladesh (130.9K units)
- Turkey (92.9K units)
- Latvia (62.4K units)
- France (60.0K units)
- Italy (36.7K units)
- Spain (32.8K units)
- Hong Kong SAR (0.4K units)
T-Shirt Exports in Estonia
T-shirt exports from Estonia fell notably to 3M units in 2022, with a decrease of -17% compared with 2021 figures. In general, exports, however, recorded a buoyant increase. The growth pace was the most rapid in 2021 when exports increased by 191%. As a result, the exports reached the peak of 3.6M units, and then contracted significantly in the following year.
In value terms, t-shirt exports soared to $17M in 2022. The total export value increased at an average annual rate of +3.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
Export of T-Shirt in Estonia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 6.4 | 5.1 | 6.7 | 9.9 | 15.7% |
Finland | 1.6 | 1.4 | 1.3 | 1.5 | -2.1% |
Latvia | 2.1 | 1.2 | 1.4 | 1.2 | -17.0% |
Sweden | 1.2 | 1.3 | 0.8 | 1.0 | -5.9% |
Lithuania | 1.4 | 1.0 | 1.1 | 0.9 | -13.7% |
Russia | 1.7 | 0.9 | 1.5 | 0.7 | -25.6% |
Kazakhstan | N/A | N/A | N/A | 0.1 | 0% |
Others | 0.9 | 0.7 | 1.2 | 1.5 | 18.6% |
Total | 15.3 | 11.5 | 14.0 | 16.8 | 3.2% |
Top Export Markets for T-Shirt from Estonia in 2022:
- Norway (1083.6K units)
- Russia (683.0K units)
- Finland (312.3K units)
- Latvia (232.1K units)
- Lithuania (195.1K units)
- Sweden (161.2K units)
- Kazakhstan (70.0K units)
This report provides an in-depth analysis of the t-shirt market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14143000 - T-shirts, singlets and vests, knitted or crocheted
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the t-shirt market in Estonia.
This report provides an in-depth analysis of the global t-shirt market.
This report provides an in-depth analysis of the t-shirt market in Estonia.
This report provides an in-depth analysis of the global t-shirt market.
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.
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