Price for Track Suits; of Cotton, Knitted or Crocheted in Belgium - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Belgium (FOB) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in Belgium (CIF) - 2023
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Belgium
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Belgium
Price for Track Suits; of Cotton, Knitted or Crocheted in Belgium (FOB) - 2023
In October 2023, the average export price for track suits; of cotton, knitted or crocheted amounted to $37.7 per unit, surging by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in August 2023 an increase of 60% month-to-month. As a result, the export price reached the peak level of $42.5 per unit. From September 2023 to October 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major export markets. In October 2023, the country with the highest price was the UK ($46.7 per unit), while the average price for exports to Turkey totaled $36.9 per unit.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Belgium (CIF) - 2023
The average import price for track suits; of cotton, knitted or crocheted stood at $15.6 per unit in October 2023, remaining relatively unchanged against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in June 2023 an increase of 40% m-o-m. As a result, import price attained the peak level of $24.1 per unit. From July 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($41.5 per unit), while the price for Bangladesh ($3.3 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 the Netherlands (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Belgium
In 2022, exports of track suits; of cotton, knitted or crocheted from Belgium skyrocketed to 771K units, picking up by 58% against 2021 figures. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 3,045%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $23M in 2022. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,728%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.1 | 4,871 | 3,828 | 6,818 | 650.9% |
| Germany | 182 | 1,879 | 2,521 | 4,188 | 184.4% |
| Spain | 11.2 | 871 | 1,102 | 2,321 | 491.8% |
| Italy | 3.7 | 623 | 1,617 | 2,267 | 749.3% |
| Poland | 14.3 | 369 | 701 | 1,126 | 328.6% |
| Romania | 4.6 | 294 | 735 | 1,052 | 511.5% |
| Netherlands | 8.4 | 298 | 450 | 991 | 390.5% |
| Austria | 20.1 | 221 | 424 | 740 | 232.7% |
| Slovenia | 0.9 | 45.4 | 166 | 520 | 732.9% |
| Greece | N/A | 186 | 316 | 410 | 48.5% |
| Bulgaria | N/A | 78.2 | 239 | 408 | 128.4% |
| Luxembourg | 11.8 | 20.8 | 233 | 131 | 123.1% |
| Others | 68.3 | 3,319 | 1,906 | 2,304 | 223.1% |
| Total | 342 | 13,076 | 14,239 | 23,276 | 308.3% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Belgium in 2022:
- France (272.3K units)
- Germany (115.6K units)
- Spain (64.1K units)
- Italy (63.8K units)
- Romania (36.0K units)
- Netherlands (34.1K units)
- Poland (31.3K units)
- Austria (21.8K units)
- Slovenia (17.8K units)
- Luxembourg (13.4K units)
- Bulgaria (13.1K units)
- Greece (12.2K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Belgium
In 2022, approx. 1.3M units of track suits; of cotton, knitted or crocheted were imported into Belgium; jumping by 17% on 2021 figures. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 711% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $21M in 2022. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 917% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 0.1 | 3.4 | 3.8 | 9.4 | 354.7% |
| Germany | 0.2 | 1.4 | 2.9 | 2.5 | 132.1% |
| France | 0.4 | 0.5 | 3.7 | 2.4 | 81.7% |
| Netherlands | N/A | 0.3 | 1.2 | 1.7 | 138.0% |
| China | N/A | 0.8 | 1.5 | 1.6 | 41.4% |
| Pakistan | 0.1 | 0.3 | 0.4 | 1.0 | 115.4% |
| Turkey | N/A | 1.1 | 3.4 | 0.3 | -47.8% |
| Bangladesh | N/A | 0.1 | N/A | 0.2 | 41.4% |
| Others | 0.2 | 1.9 | 1.2 | 1.9 | 111.8% |
| Total | 1.0 | 9.9 | 18.2 | 21.0 | 175.9% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Belgium in 2022:
- Cambodia (583.0K units)
- France (182.5K units)
- Germany (164.9K units)
- China (99.8K units)
- Netherlands (77.9K units)
- Pakistan (68.5K units)
- Bangladesh (37.9K units)
- Turkey (23.1K units)
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