Price for Track Suits; of Cotton, Knitted or Crocheted in Vietnam - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Vietnam (FOB) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Vietnam (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Vietnam
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Vietnam
Price for Track Suits; of Cotton, Knitted or Crocheted in Vietnam (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $16 per unit in 2022, growing by 7.5% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of cotton, knitted or crocheted decreased by -17.1% against 2020 indices. The growth pace was the most rapid in 2019 an increase of 33%. The export price peaked at $19 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United Arab Emirates ($16 per unit) and the UK ($16 per unit), while the average price for exports to France ($16 per unit) and the Netherlands ($16 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 the United Arab Emirates (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Vietnam (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, growing by 16% against the previous year. Overall, the import price showed a temperate increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Peru ($18 per unit) and Japan ($18 per unit), while the price for Pakistan ($18 per unit) and Indonesia ($18 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Vietnam
In 2022, approx. 874K units of track suits; of cotton, knitted or crocheted were exported from Vietnam; picking up by 4.5% on the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 115%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of cotton, knitted or crocheted rose sharply to $14M in 2022. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 168%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.6 | 1.8 | 7.0 | 7.7 | 134.1% |
| South Korea | 0.6 | 1.2 | 1.2 | 1.8 | 44.2% |
| United Kingdom | N/A | 1.1 | 0.8 | 1.4 | 12.8% |
| Germany | 0.2 | 1.9 | 1.2 | 1.3 | 86.6% |
| Croatia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| United Arab Emirates | 0.2 | 0.4 | 0.4 | 0.1 | -20.6% |
| China | 0.5 | 0.3 | N/A | N/A | -40.0% |
| United States | 0.5 | 0.1 | 0.4 | N/A | -10.6% |
| Others | 0.5 | 1.8 | 1.0 | 1.0 | 26.0% |
| Total | 3.2 | 8.5 | 12.2 | 13.7 | 62.4% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Vietnam in 2022:
- Italy (492.7K units)
- South Korea (113.7K units)
- United Kingdom (90.0K units)
- Germany (81.8K units)
- Croatia (23.4K units)
- United Arab Emirates (6.8K units)
- United States (1.6K units)
- China (1.1K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Vietnam
In 2022, overseas purchases of track suits; of cotton, knitted or crocheted decreased by -33.7% to 1.8K units, falling for the second year in a row after two years of growth. Overall, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 53%. As a result, imports attained the peak of 5.1K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of track suits; of cotton, knitted or crocheted dropped sharply to $32K in 2022. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 with an increase of 75%. As a result, imports reached the peak of $74K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.1 | 35.1 | 24.1 | 10.7 | -26.6% |
| Turkey | N/A | N/A | 1.1 | 9.8 | 790.9% |
| Japan | N/A | 1.3 | 4.7 | 4.6 | 88.1% |
| Pakistan | 6.4 | 25.5 | 3.4 | 4.2 | -13.1% |
| Indonesia | N/A | 7.2 | 4.8 | 2.3 | -43.5% |
| Peru | N/A | N/A | N/A | 0.6 | 0% |
| Cambodia | 7.4 | 2.5 | N/A | N/A | -66.2% |
| Philippines | 1.2 | N/A | 1.8 | N/A | 22.5% |
| Others | N/A | 2.0 | 2.0 | N/A | 0.0% |
| Total | 42.1 | 73.7 | 41.9 | 32.3 | -8.5% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Vietnam in 2022:
- China (604.0 units)
- Turkey (554.0 units)
- Japan (260.0 units)
- Pakistan (237.0 units)
- Indonesia (131.0 units)
- Peru (33.0 units)
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