U.S. - T-Shirts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingT-Shirt Price June 2022
U.S. T-Shirt Import Price June 2022
In June 2022, the average t-shirt import price amounted to $2.2 per unit, increasing by 2.3% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2022 an increase of 2.7% month-to-month. The import price peaked in June 2022.
There were significant differences in the average prices amongst the major supplying countries. In June 2022, the country with the highest price was Vietnam ($3.2 per unit), while the price for the Dominican Republic ($1.4 per unit) was amongst the lowest.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
U.S. T-Shirt Import Prices by Type
Average prices varied noticeably amongst the major supplied products. In June 2022, the product with the highest price was t-shirts, singlets and other vests; of textile materials (other than cotton), knitted or crocheted ($2.5 per unit), while the price for t-shirts, singlets and other vests; of cotton, knitted or crocheted stood at $2.1 per unit.
From January 2022 to June 2022, the most notable rate of growth in terms of prices was attained by t-shirts, singlets and other vests; of cotton, knitted or crocheted (+0.7%).
U.S. T-Shirt Imports
In June 2022, overseas purchases of t-shirts decreased by -7.9% to 346M units, falling for the third month in a row after three months of growth. The total import volume increased at an average monthly rate of +2.7% over the period from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain months. The growth pace was the most rapid in March 2022 with an increase of 28% against the previous month. As a result, imports attained the peak of 424M units. From April 2022 to June 2022, the growth of imports failed to regain momentum.
In value terms, t-shirt imports reduced to $763M (IndexBox estimates) in June 2022. The total import value increased at an average monthly rate of +3.4% from January 2022 to June 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in March 2022 when imports increased by 32% against the previous month. As a result, imports reached the peak of $915M. From April 2022 to June 2022, the growth of imports remained at a somewhat lower figure.
U.S. T-Shirt Imports by Type
In June 2022, t-shirts, singlets and other vests; of cotton, knitted or crocheted (257M units) constituted the largest type of t-shirt supplied to the United States, with a 74% share of total imports. Moreover, t-shirts, singlets and other vests; of cotton, knitted or crocheted exceeded the figures recorded for the second-largest type, t-shirts, singlets and other vests; of textile materials (other than cotton), knitted or crocheted (89M units), threefold.
From January 2022 to June 2022, the average monthly growth rate of the volume of import of t-shirts, singlets and other vests; of cotton, knitted or crocheted totaled +2.7%.
In value terms, t-shirts, singlets and other vests; of cotton, knitted or crocheted ($540M) constituted the largest type of t-shirt supplied to the United States, comprising 71% of total imports. The second position in the ranking was held by t-shirts, singlets and other vests; of textile materials (other than cotton), knitted or crocheted ($224M), with a 29% share of total imports.
U.S. T-Shirt Imports by Country
Honduras (52M units), Nicaragua (51M units) and Bangladesh (35M units) were the main suppliers of t-shirt imports to the United States, with a combined 40% share of total imports. China, Haiti, El Salvador, Mexico, India, Guatemala, the Dominican Republic and Vietnam lagged somewhat behind, together accounting for a further 49%.
From January 2022 to June 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Haiti (with a CAGR of +12.7%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest t-shirt suppliers to the United States were Honduras ($99M), Nicaragua ($98M) and China ($68M), together accounting for 35% of total imports.
Among the main suppliers, Honduras, with a CAGR of +13.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
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This report provides an in-depth analysis of the t-shirt market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
