# Nicaragua T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted price positioning (HS 610990)

Canonical: https://www.yugalinks.com/trade/price-exporter/nic/610990
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Nicaragua has a median reported export price of $35.8K/t across 99 markets. Across the reported period, the highest observed price is $452.0K/t in Croatia; the lowest is $452.4/t in Cuba.

## Summary

- Price spread: 1,259.6%
- Total trade value: $917.5M
- Average quantity: 261 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $9.9K/t | -76% | -7.7% | +51.2% | $769.9M | 5 | Below |
| Honduras | 2023 | $7.3K/t | -80% | -1.5% | +10% | $117.6M | 5 | Below |
| Panama | 2023 | $26.1K/t | -31.4% | -11.6% | +12.6% | $3.5M | 5 | Below |
| United Kingdom | 2023 | $28.6K/t | -32.2% | +64.4% | +250.9% | $1.8M | 5 | Below |
| Netherlands | 2023 | $30.6K/t | -28.1% | -18.2% | +140.2% | $5.2M | 5 | Below |
| Mexico | 2023 | $9.2K/t | -79.2% | +6.7% | -10.9% | $1.5M | 5 | Below |
| Germany | 2023 | $14.4K/t | -69% | +10.7% | -88.8% | $822.3K | 5 | Below |
| China, Hong Kong Special Administrative Region | 2023 | $36.8K/t | -8.3% | -10.4% | +43.4% | $1.8M | 5 | Mid |
| Canada | 2023 | $65.4K/t | +74% | -19.9% | +108.6% | $4.1M | 5 | Above |
| Belgium | 2023 | $17.4K/t | -64.3% | +70.9% | +250.9% | $4.1M | 5 | Below |
| China | 2023 | $38.6K/t | -45.5% | +22.7% | +41.8% | $488.7K | 5 | Below |
| El Salvador | 2023 | $30.4K/t | -30.8% | +692.2% | +93.5% | $371.5K | 5 | Below |
| France | 2023 | $23.1K/t | -39.4% | -55.5% | -47.3% | $316.2K | 5 | Below |
| Republic of Korea | 2023 | $54.0K/t | -46.6% | +50.1% | +165.9% | $201.8K | 5 | Below |
| United Arab Emirates | 2023 | $27.0K/t | -34.3% | +21.9% | -28.3% | $202.1K | 4 | Below |
| Croatia | 2023 | $45.4K/t | -9.6% | -24.3% | -4.1% | $2.4K | 4 | Mid |
| Cuba | 2017 | $452.4/t | -98.7% | Not reported | +0% | $38.0 | 1 | Below |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $6.5K/t, 2019 $27.1K/t, 2020 $7.2K/t, 2022 $10.7K/t, 2023 $9.9K/t
- Honduras: 2017 $6.6K/t, 2019 $7.3K/t, 2020 $5.7K/t, 2022 $7.4K/t, 2023 $7.3K/t
- Panama: 2017 $23.2K/t, 2019 $26.0K/t, 2020 $29.0K/t, 2022 $29.5K/t, 2023 $26.1K/t
- United Kingdom: 2017 $8.1K/t, 2019 $22.2K/t, 2020 $37.8K/t, 2022 $17.4K/t, 2023 $28.6K/t
- Netherlands: 2017 $12.7K/t, 2019 $19.7K/t, 2020 $26.5K/t, 2022 $37.4K/t, 2023 $30.6K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $6.6K/t | Not reported | $173.4M | 67 |
| 2019 | $20.5K/t | +209.1% | $192.4M | 77 |
| 2020 | $7.3K/t | -64.3% | $113.1M | 76 |
| 2022 | $9.9K/t | +34.6% | $225.3M | 71 |
| 2023 | $9.7K/t | -2.2% | $213.2M | 76 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 99 importer markets; 367 reported market-year observations.

## FAQ

### What does Nicaragua price positioning show for HS 610990?

It compares Nicaragua's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NIC",
  "hs_code": "610990",
  "summary": {
    "num_markets": 99,
    "highest_price_importer_iso3": "HRV",
    "highest_price_usd_per_ton": 452000,
    "lowest_price_importer_iso3": "CUB",
    "lowest_price_usd_per_ton": 452.38095238095235,
    "median_price_across_markets": 35848.56396866841,
    "price_spread_pct": 1259.597509797801,
    "avg_quantity_metric_tons": 260.9861062670299,
    "total_trade_value_usd": 917452005
  },
  "marketRows": [
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    {
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