Which Country Exports the Most Track Suits, Ski Suits and Swimwear in the World?

IndexBox has just published a new report "World: Track Suits, Ski Suits And Swimwear - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

Global sportswear imports amounted to 287K tonnes in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rate of growth was recorded in 2011, when import increased by 6% year-to-year. Global sportswear import peaked of 320K tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, sportswear imports stood at $4.2B in 2016. In general, sportswear imports continue to indicate a relatively flat trend pattern. Over the period under review, global sportswear imports reached its maximum level of $4.5B in 2014- however, from 2015 to 2016, it failed to regain its strength.

Top Sportswear Importing Countries in the World

1. USA (902.2 million USD)

2. Germany (353.4 million USD)

3. France (319.6 million USD)

4. China, Hong Kong SAR (274.1 million USD)

5. United Kingdom (273.9 million USD)

6. Italy (214.6 million USD)

7. Spain (203.7 million USD)

8. Algeria (14.6 million USD)

9. China (12.9 million USD)

10. Indonesia (2.9 million USD)

11. Viet Nam (0.8 million USD)

12. Cambodia (0.5 million USD)

Sportswear Imports By Country

China (107K tonnes) represented the key importing country with an import of about 107K tonnes, which accounted for 37% of total imports. It was distantly followed by the U.S. (29K tonnes), creating 10% share of total sportswear imports. The UK (11K tonnes), Indonesia (11K tonnes), France (9.5K tonnes), Germany (9.5K tonnes), Cambodia (7.9K tonnes), Italy (7.5K tonnes), Spain (7.2K tonnes), Viet Nam (6.7K tonnes), China, Hong Kong SAR (6.3K tonnes), and Algeria (5.7K tonnes) occupied the minor share of total imports.

China experienced a relatively flat trend pattern. At the same time, the U.S. (+3.1%), the UK (+2.0%), France (+1.8%), Cambodia (+1.4%), and Indonesia (+1.2%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest growing importer/exporter in the world, with a CAGR of +3.1% from 2007-2016. Viet Nam, and China, Hong Kong SAR experienced a relatively flat trend pattern. By contrast, Algeria (-1.9%), Germany (-3.1%), Italy (-10.5%), and Spain (-11.8%) illustrated a downward trend over the same period. While the share of Spain (5%), and Italy (4%) increased significantly, the share of the U.S. (-2.4%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($902M) constitutes the largest market for imported sportswear worldwide, making up 21% of global imports. The second position in the ranking was occupied by Germany ($353M), with the share of 8% of global imports. It was followed by France, with the share of 8%.

From 2007 to 2016, the average annual growth rate of value of sportswear imports in the U.S. stood at +2.4%. In the other countries, the average annual rates were as follows: Germany (+1.3% per year) and France (+1.6% per year).

Sportswear Import Prices By Country

The average sportswear import price stood at $15 per kg in 2016, import ,therefore, remained relatively stable against the previous year level. Over the period from 2007 to 2016 it increased at an average annual rate of +1.9%.The pace of growth appeared the most rapid in 2011, an increase of 8% from the previous year level. Over the period under review, average sportswear import price attained its maximum level of $15 per kg in 2014- however, from 2015 to 2016, it failed to regain its strength.

Import prices varied noticeably by country of destination. the country with the highest import prices was China, Hong Kong SAR ($43 per kg), while Cambodia ($65 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of sportswear import prices was attained by Cambodia (+33.0% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global sportswear market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• sportswear market share
• sportswear prices
• sportswear industry
• sportswear sales
• sportswear import
• sportswear export
• sportswear market forecast
• sportswear price forecast
• key sportswear producers

All data provided in this article covers the following product: HS Code 6112 - Track suits, ski suits and swimwear- knitted or crocheted.

Source: World: Track Suits, Ski Suits And Swimwear - Market Report. Analysis and Forecast to 2025