Ireland: T-Shirt Market Overview 2020

T-Shirt Market Size in Ireland

The revenue of the t-shirt market in Ireland amounted to $X in 2018, falling by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, t-shirt consumption continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the t-shirt market attained its maximum level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

T-Shirt Exports

Exports from Ireland

In 2018, the t-shirt exports from Ireland totaled X tonnes, surging by X% against the previous year. Overall, t-shirt exports continue to indicate strong growth. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2016; however, from 2017 to 2018, exports remained at a lower figure.

In value terms, t-shirt exports amounted to $X in 2018. Overall, t-shirt exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

The UK (X tonnes), Spain (X tonnes) and the Netherlands (X tonnes) were the main destinations of t-shirt exports from Ireland, with a combined X% share of total exports. These countries were followed by Germany, Italy, Poland and France, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Spain ($X) and the Netherlands ($X) constituted the largest markets for t-shirt exported from Ireland worldwide, with a combined X% share of total exports. These countries were followed by Germany, France, Italy and Poland, which together accounted for a further X recorded the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average t-shirt export price amounted to $X per tonne, falling by -X% against the previous year. In general, the t-shirt export price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. Over the period under review, the average export prices for t-shirts reached their maximum at $X per tonne in 2011; however, from 2012 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Italy ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands, while the prices for the other major destinations experienced a decline.

T-Shirt Imports

Imports into Ireland

In 2018, approx. X tonnes of t-shirts were imported into Ireland; falling by -X% against the previous year. Overall, t-shirt imports continue to indicate a mild descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, t-shirt imports reached their peak figure at X tonnes in 2015; however, from 2016 to 2018, imports failed to regain their momentum.

In value terms, t-shirt imports amounted to $X in 2018. Over the period under review, t-shirt imports continue to indicate a measured decline. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, t-shirt imports attained their maximum at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The UK (X tonnes), Bangladesh (X tonnes) and India (X tonnes) were the main suppliers of t-shirt imports to Ireland, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Bangladesh, while the other leaders experienced mixed trend patterns.

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

From 2007 to 2018, the average annual growth rate of value from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+X% per year) and Turkey (-X% per year).

Import Prices by Country

The average t-shirt import price stood at $X per tonne in 2018, increasing by X% against the previous year. Overall, the t-shirt import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the UK ($X per tonne), while the price for Bangladesh ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform