Pakistan - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Pakistan - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights

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T-Shirt Price in Pakistan - 2023

Contents:

  1. T-Shirt Price in Pakistan (FOB) - 2023
  2. T-Shirt Price in Pakistan (CIF) - 2022
  3. T-Shirt Exports in Pakistan
  4. T-Shirt Imports in Pakistan

T-Shirt Price in Pakistan (FOB) - 2023

The average t-shirt export price stood at $3.4 per unit in April 2023, remaining constant against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in July 2022 when the average export price increased by 12% m-o-m. Over the period under review, the average export prices reached the peak figure at $4.1 per unit in August 2022; however, from September 2022 to April 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was China ($5.5 per unit), while the average price for exports to Germany ($3.0 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

T-Shirt Price in Pakistan (CIF) - 2022

The average t-shirt import price stood at $2.3 per unit in 2022, with an increase of 3.2% against the previous year. Overall, the import price, however, showed a mild decline. The pace of growth appeared the most rapid in 2017 an increase of 24%. As a result, import price reached the peak level of $3.4 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($3.6 per unit), while the price for Thailand ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

T-Shirt Exports in Pakistan

In 2022, exports of t-shirts from Pakistan skyrocketed to 852M units, with an increase of 37% compared with 2021. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 376%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, t-shirt exports surged to $897M in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 51%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of T-Shirt in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2321693292593.7%
Germany53.155.164.921960.4%
United Kingdom46.545.449.110129.5%
Netherlands32.328.730.528.2-4.4%
Spain11.79.512.123.626.4%
Others11198.912826633.8%
Total48640761489722.7%

Top Export Markets for T-Shirt from Pakistan in 2022:

  1. United States (493.5M units)
  2. Germany (116.4M units)
  3. United Kingdom (56.2M units)
  4. Netherlands (20.6M units)
  5. Spain (16.7M units)

T-Shirt Imports in Pakistan

In 2022, t-shirt imports into Pakistan fell to 563K units, shrinking by -11.6% against the year before. Over the period under review, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 27%. Over the period under review, imports hit record highs at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, t-shirt imports contracted to $1.3M in 2022. In general, imports faced a dramatic decrease. The growth pace was the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at $3.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of T-Shirt in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5664067691,02722.0%
Bangladesh95261.387.456.2-61.1%
Vietnam25013689.433.8-48.7%
Spain32628.934.615.9-63.5%
Thailand58.370.965.715.6-35.6%
Sri Lanka90.960.148.113.6-46.9%
United Kingdom21316.324.713.3-60.3%
Cambodia10426.430.711.2-52.4%
Turkey15236.822.49.3-60.6%
India18025.811.08.5-63.9%
Others742319253105-47.9%
Total3,6351,1881,4361,310-28.8%

Top Suppliers of T-Shirt to Pakistan in 2022:

  1. China (487.0K units)
  2. Bangladesh (16.3K units)
  3. Vietnam (12.1K units)
  4. Thailand (9.3K units)
  5. Turkey (4.2K units)
  6. Spain (4.2K units)
  7. Sri Lanka (3.7K units)
  8. Cambodia (3.4K units)
  9. India (1.7K units)
  10. United Kingdom (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the t-shirt market in Pakistan. 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:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: T-Shirts - Pakistan