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US' shirt imports reach $5.2 bn in January-July 2024

28 Sep '24
2 min read
US' shirt imports reach $5.2 bn in January-July 2024
US' shirt imports reach $5.2 bn in January-July 2024

Insights

  • The US imported $***** billion worth of shirts in the first seven months of 2024, with the average price dropping *.*% to $**.*7 per dozen.
  • Import volumes also fell compared to previous years.
  • After a high of $***** billion in 2022, import values and prices have declined, indicating slower demand and margin pressure on exporters and manufacturers post-pandemic.

It is important to note that the average price fell below the level seen during ****. This indicates slower demand and significant pressure on the margins of exporters and manufacturers.

According to Fibre2Fashion&#**;s market insight tool TexPro, US shirt imports amounted to $*.*** billion in ****, with an average price of $**.** per dozen. Both the value and average price of imports were down. The year **** is known for a surge in garment demand following the pandemic. The US imported shirts worth $*.*** billion that year, with an average price of $**.** per dozen. Both the value and average price peaked in recent years.

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