Price for Track Suits; of Cotton, Knitted or Crocheted in Ireland - 2023

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Ireland (CIF) - 2023
  2. Price for Track Suits; of Cotton, Knitted or Crocheted in Ireland (FOB) - 2022
  3. Imports of Track Suits; of Cotton, Knitted or Crocheted in Ireland
  4. Exports of Track Suits; of Cotton, Knitted or Crocheted in Ireland

Price for Track Suits; of Cotton, Knitted or Crocheted in Ireland (CIF) - 2023

The average import price for track suits; of cotton, knitted or crocheted stood at $21.5 per unit in October 2023, declining by -2% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 19% against the previous month. The import price peaked at $23.4 per unit in November 2022; however, from December 2022 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($65.7 per unit), while the price for India ($14.9 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Cotton, Knitted or Crocheted in Ireland (FOB) - 2022

The average export price for track suits; of cotton, knitted or crocheted stood at $44 per unit in 2022, increasing by 30% against the previous year. Over the period under review, the export price posted a strong expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 63%. Over the period under review, the average export prices attained the peak figure at $46 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Italy ($46 per unit) and Poland ($46 per unit), while the average price for exports to the UK ($33 per unit) and Germany ($45 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Track Suits; of Cotton, Knitted or Crocheted in Ireland

In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Ireland dropped to 594K units, falling by -8.8% against 2021. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, imports attained the peak of 652K units, and then reduced in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted declined dramatically to $12M in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 89%. As a result, imports attained the peak of $16M, and then contracted markedly in the following year.

Import of Track Suits; of Cotton, Knitted or Crocheted in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8.46.711.37.6-3.3%
Pakistan0.50.30.91.026.0%
Portugal0.70.61.60.6-5.0%
GermanyN/A0.30.50.415.5%
Turkey0.20.10.50.314.5%
BangladeshN/AN/A0.30.30.0%
China0.10.10.40.344.2%
Others0.40.40.51.035.7%
Total10.28.415.911.74.7%

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Ireland in 2022:

  1. United Kingdom (360.0K units)
  2. Pakistan (77.6K units)
  3. Portugal (43.6K units)
  4. Germany (22.6K units)
  5. Bangladesh (18.0K units)
  6. China (15.2K units)
  7. Turkey (13.7K units)

Exports of Track Suits; of Cotton, Knitted or Crocheted in Ireland

Exports of track suits; of cotton, knitted or crocheted from Ireland skyrocketed to 20K units in 2022, increasing by 212% on the previous year. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted surged to $881K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Cotton, Knitted or Crocheted in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.342.94473760.1%
ItalyN/AN/A2.81675864.3%
PolandN/AN/A18.5164786.5%
United Kingdom424473148101-38.0%
Others0.10.44.52.4188.4%
Total42447421788127.6%

Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Ireland in 2022:

  1. Germany (9.9K units)
  2. Poland (3.6K units)
  3. Italy (3.6K units)
  4. United Kingdom (3.1K units)

Source: IndexBox Market Intelligence Platform

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