Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia - 2023

Contents:

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

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia (CIF) - 2022

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $25 per unit in 2022, growing by 5.3% against the previous year. Overall, the import price enjoyed a noticeable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 103%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($53 per unit), while the price for Lithuania ($6.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $21 per unit, picking up by 4.9% against the previous year. Overall, the export price posted a moderate expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 131%. The export price peaked at $42 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($33 per unit), while the average price for exports to Spain ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Estonia expanded rapidly to 28K units, with an increase of 14% compared with the previous year. In general, imports, however, recorded a drastic downturn. Imports peaked at 39K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $704K in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.0% 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 +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia40.8135179483127.9%
Germany0.110568.872.2797.1%
Poland18.386.148.329.917.8%
AustriaN/AN/A38.929.3-24.7%
Belgium2.519.012826.6119.9%
China29431.335.112.6-65.0%
HungaryN/AN/AN/A10.00%
Lithuania0.230.123.95.2196.2%
Others13147.966.035.3-35.4%
Total48845458870413.0%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Estonia in 2022:

  1. Latvia (16.4K units)
  2. Germany (2.5K units)
  3. Austria (1.9K units)
  4. Poland (1.8K units)
  5. Belgium (1.2K units)
  6. Hungary (1.2K units)
  7. Lithuania (0.8K units)
  8. China (0.8K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from Estonia dropped to 5.6K units, waning by -10.8% on 2021 figures. Overall, total exports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports attained the peak of 6.3K units, and then declined in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped to $115K in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of attained the peak figure at $172K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A1.911.834.2324.3%
Latvia59.350.352.232.2-18.4%
Finland78.124.011.024.0-32.5%
Sweden10.611.62.86.7-14.2%
Lithuania0.40.33.15.6141.0%
Poland2.33.55.74.525.1%
Austria11.5N/A6.21.2-52.9%
SpainN/AN/AN/A0.10%
CanadaN/AN/A12.6N/A0%
Others9.72.717.26.1-14.3%
Total17294.3123115-12.6%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Estonia in 2022:

  1. Russia (1529.0 units)
  2. Latvia (1270.0 units)
  3. Spain (1130.0 units)
  4. Finland (735.0 units)
  5. Sweden (256.0 units)
  6. Lithuania (226.0 units)
  7. Poland (208.0 units)
  8. Austria (78.0 units)

Source: IndexBox Market Intelligence Platform

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