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

Contents:

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

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

The average export price for track suits; of cotton, knitted or crocheted stood at $3.7 per unit in October 2023, with a decrease of -22% against the previous month. In general, the export price recorded a abrupt setback. The growth pace was the most rapid in April 2023 when the average export price increased by 14% m-o-m. The export price peaked at $8.1 per unit in May 2023; however, from June 2023 to October 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($7.4 per unit), while the average price for exports to Kazakhstan ($709 per thousand units) was amongst the lowest.

From November 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Azerbaijan (+8.0%), while the prices for the other major destinations experienced a decline.

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

The average import price for track suits; of cotton, knitted or crocheted stood at $3.9 per unit in 2022, waning by -71.6% against the previous year. Over the period under review, the import price continues to indicate a sharp slump. The growth pace was the most rapid in 2020 an increase of 119% against the previous year. As a result, import price attained the peak level of $32 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($28 per unit), while the price for Ukraine ($0.7 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by China (+229.1%).

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

For the fourth year in a row, Uzbekistan recorded growth in overseas shipments of track suits; of cotton, knitted or crocheted, which increased by 45% to 966K units in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 135% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, exports of track suits; of cotton, knitted or crocheted soared to $6.1M in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 153% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Track Suits; of Cotton, Knitted or Crocheted in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia8271,0531,9315,17384.3%
Kazakhstan41.376.8480401113.3%
Moldova30.312546022795.7%
Ukraine1.918.9310167344.6%
Kyrgyzstan5.922.966.977.1135.5%
Others31.830.810376.734.1%
Total9381,3273,3526,12286.9%

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

  1. Russia (600.1K units)
  2. Ukraine (118.5K units)
  3. Kyrgyzstan (108.2K units)
  4. Kazakhstan (75.2K units)
  5. Moldova (48.0K units)

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

In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Uzbekistan surged to 30K units, with an increase of 354% compared with 2021 figures. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 505% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of track suits; of cotton, knitted or crocheted surged to $118K in 2022. Over the period under review, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 161% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Track Suits; of Cotton, Knitted or Crocheted in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A18.60%
ChinaN/A0.45.115.1514.4%
IndiaN/AN/AN/A11.30%
Turkey9.20.849.92.8-32.7%
Others26.233.936.570.038.8%
Total35.535.191.611849.2%

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

  1. Ukraine (26.6K units)
  2. India (1.1K units)
  3. China (0.5K units)
  4. Turkey (0.2K units)

Source: IndexBox Market Intelligence Platform

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