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Czech Republic - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: T-Shirt Market Overview 2021

T-Shirt Market Size in the Czech Republic

The Czech t-shirt market reduced to $X in 2020, flattening at the previous year. In general, consumption showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2011; however, from 2012 to 2020, consumption remained at a lower figure.

T-Shirt Production in the Czech Republic

In value terms, t-shirt production contracted rapidly to $X in 2020 estimated in export prices. In general, production showed a slight descent. The most prominent rate of growth was recorded in 2011 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2020, production failed to regain the momentum.

T-Shirt Exports

Exports from the Czech Republic

In 2020, shipments abroad of t-shirts decreased by -X% to X units, falling for the second year in a row after three years of growth. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Exports peaked at X units in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, t-shirt exports totaled $X in 2020. Overall, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Exports peaked in 2020 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units) was the main destination for t-shirt exports from the Czech Republic, with a X% share of total exports. Moreover, t-shirt exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), fourfold. The third position in this ranking was occupied by Austria (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Austria (+X% per year).

In value terms, Germany ($X) remains the key foreign market for t-shirt exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Germany totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and the UK (+X% per year).

Export Prices by Country

In 2020, the average t-shirt export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw a relatively flat trend pattern. The export price peaked at $X per unit in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy, while the prices for the other major destinations experienced more modest paces of growth.

T-Shirt Imports

Imports into the Czech Republic

In 2020, t-shirt imports into the Czech Republic shrank to X units, with a decrease of -X% against the previous year. Overall, imports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X units in 2019, and then contracted in the following year.

In value terms, t-shirt imports shrank to $X in 2020. Over the period under review, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then reduced in the following year.

Imports by Country

In 2020, Bangladesh (X units) constituted the largest supplier of t-shirt to the Czech Republic, with a X% share of total imports. Moreover, t-shirt imports from Bangladesh exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was occupied by China (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Bangladesh stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (-X% per year).

In value terms, Bangladesh ($X) constituted the largest supplier of t-shirt to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Bangladesh amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average t-shirt import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, import price indicated a slight expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, t-shirt import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. The import price peaked at $X per unit in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per unit), while the price for North Macedonia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for t-shirts in the world?
+
The countries with the highest volumes of t-shirt consumption in 2020 were China (4B units), the U.S. (2B units) and India (1.6B units), together accounting for 40% of global consumption. Pakistan, Bangladesh, Indonesia, Mexico, the UK, Ethiopia, Turkey, Japan and France lagged somewhat behind, together comprising a further 25%.
What are the largest producers of t-shirts in the world?
+
China (6.6B units) constituted the country with the largest volume of t-shirt production, accounting for 30% of total volume. Moreover, t-shirt production in China exceeded the figures recorded by the second-largest producer, Bangladesh (3.1B units), twofold. The third position in this ranking was occupied by India (2.4B units), with a 11% share.
What are the leading suppliers of t-shirts to the Czech Republic?
+
In value terms, Bangladesh ($134M) constituted the largest supplier of t-shirt to the Czech Republic, comprising 33% of total imports. The second position in the ranking was occupied by Turkey ($44M), with a 11% share of total imports. It was followed by China, with a 9.9% share.
What are the leading importers of t-shirts from the Czech Republic?
+
In value terms, Germany ($160M) remains the key foreign market for t-shirt exports from the Czech Republic, comprising 53% of total exports. The second position in the ranking was occupied by Slovakia ($26M), with a 8.6% share of total exports. It was followed by the UK, with a 5.7% share.
What is the average export price for t-shirts in the Czech Republic?
+
In 2020, the average t-shirt export price amounted to $5.5 per unit, with an increase of 18% against the previous year.
What is the average import price for t-shirts in the Czech Republic?
+
The average t-shirt import price stood at $3.4 per unit in 2020, increasing by 7.1% against the previous year.

Product coverage:
• Prodcom 14143000 - T-shirts, singlets and vests, knitted or crocheted

This report provides an in-depth analysis of the t-shirt market in the Czech Republic. 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 2025.


Country coverage:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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