T-Shirt Market Overview in Ethiopia
In value terms, t-shirt production expanded markedly to $ in estimated in export prices. Overall, production, however, saw a mild downturn. The pace of growth appeared the most rapid in 2012 when the production volume increased by % against the previous year. Over the period under review, production reached the maximum level at $ in 2007; however, from 2008 to , production stood at a somewhat lower figure.
The value of the t-shirt market in Ethiopia expanded rapidly to $ in , with an increase of % 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, consumption continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2014 with an increase of % year-to-year. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.