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

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

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T-Shirt Price in Slovakia - 2023

Contents:

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

T-Shirt Price in Slovakia (CIF) - 2023

The average t-shirt import price stood at $9.5 per unit in August 2023, flattening at the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.0%. The pace of growth appeared the most rapid in January 2023 an increase of 53% against the previous month. The import price peaked at $10.6 per unit in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($15.2 per unit), while the price for Hungary ($6.4 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

T-Shirt Price in Slovakia (FOB) - 2023

In August 2023, the average t-shirt export price amounted to $6.8 per unit, growing by 4.1% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 12% month-to-month. The export price peaked at $7.4 per unit in June 2023; however, from July 2023 to August 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Poland ($10.1 per unit), while the average price for exports to Hungary ($5.7 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

T-Shirt Imports in Slovakia

In 2022, supplies from abroad of t-shirts was finally on the rise to reach 30M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp slump. Imports peaked at 70M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, t-shirt imports amounted to $104M in 2022. Overall, imports, however, continue to indicate a dramatic curtailment. Imports peaked at $203M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of T-Shirt in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany55.146.425.627.9-20.3%
Turkey33.426.19.310.7-31.6%
China8.37.57.78.1-0.8%
Czech Republic21.018.38.67.4-29.4%
Poland15.815.46.57.4-22.3%
Bangladesh6.85.36.17.11.4%
Netherlands3.13.82.24.916.5%
Austria11.98.83.63.8-31.6%
Hungary2.81.72.42.91.2%
India5.14.52.21.7-30.7%
Myanmar0.40.40.81.451.8%
Sri Lanka4.52.91.21.4-32.2%
Belgium1.91.70.71.3-11.9%
Others32.727.117.818.0-18.0%
Total20317094.7104-20.0%

Top Suppliers of T-Shirt to Slovakia in 2022:

  1. Germany (9.7M units)
  2. Turkey (4.3M units)
  3. Poland (2.5M units)
  4. Czech Republic (2.1M units)
  5. Bangladesh (2.0M units)
  6. China (1.7M units)
  7. Hungary (1.5M units)
  8. Austria (1.1M units)
  9. India (0.7M units)
  10. Netherlands (0.6M units)
  11. Myanmar (0.5M units)
  12. Sri Lanka (0.4M units)
  13. Belgium (0.3M units)

T-Shirt Exports in Slovakia

In 2022, approx. 217M units of t-shirts were exported from Slovakia; growing by 28% against the year before. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 273% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, t-shirt exports surged to $185M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of T-Shirt in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic33.429.136.556.218.9%
Hungary20.222.524.646.131.7%
Poland24.326.729.129.66.8%
Austria14.113.515.216.14.5%
Romania3.55.97.98.031.7%
Germany14.814.612.27.3-21.0%
Croatia4.14.55.85.17.5%
Italy1.22.67.04.656.5%
Others9.28.412.211.99.0%
Total12512815018514.0%

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

  1. Czech Republic (55.3M units)
  2. Hungary (46.1M units)
  3. Poland (40.9M units)
  4. Austria (23.5M units)
  5. Romania (15.0M units)
  6. Croatia (7.8M units)
  7. Italy (7.0M units)
  8. Germany (6.7M units)

Source: IndexBox Market Intelligence Platform

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

  • Slovakia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Slovakia
  • 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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In 2015, global T-shirt market stood at X million units. In value terms, the market fluctuated over the period under review.

Which Countries Import the Most T-shirts?
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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.

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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

Free Data: T-Shirts - Slovakia