Price for Track Suits; of Cotton, Knitted or Crocheted in Brazil - 2024

Contents:

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

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

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $16 per unit, picking up by 14% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for track suits; of cotton, knitted or crocheted increased by +26.0% against 2019 indices. The growth pace was the most rapid in 2015 when the average import price increased by 61%. The import price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($16 per unit), while the price for Vietnam amounted to $14 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+42.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $15 per unit, with an increase of 34% against the previous year. In general, the export price, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2015 when the average export price increased by 1,337%. As a result, the export price reached the peak level of $73 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ecuador ($24 per unit), while the average price for exports to Paraguay ($4.3 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 Italy (+12.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, approx. 8.2K units of track suits; of cotton, knitted or crocheted were imported into Brazil; falling by -59.9% compared with the year before. Overall, imports saw a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. Over the period under review, imports of reached the maximum at 42K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted dropped notably to $134K in 2022. In general, imports faced a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 23%. Over the period under review, imports of attained the peak figure at $551K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Track Suits; of Cotton, Knitted or Crocheted in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China99.56.760.71299.0%
Vietnam10.630.61393.7-29.6%
Cambodia28416488.00.8-85.9%
India73.74.12.4N/A-82.0%
Bangladesh53.60.2N/AN/A-99.6%
Others30.034.04.1N/A-63.0%
Total551239294134-37.6%

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

  1. China (7.8K units)
  2. Vietnam (0.3K units)
  3. Cambodia (0.1K units)

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

In 2022, exports of track suits; of cotton, knitted or crocheted from Brazil soared to 4.9K units, rising by 207% compared with 2021. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 299%. As a result, the exports attained the peak of 6.4K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $72K in 2022. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 361% against the previous year. As a result, the exports attained the peak of $134K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Track Suits; of Cotton, Knitted or Crocheted in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A34.50%
Ecuador12.8N/AN/A10.6-6.1%
United States4.521.410.39.528.3%
KazakhstanN/AN/A1.19.5763.6%
Uruguay2.3N/AN/A3.919.2%
BoliviaN/AN/A0.10.8700.0%
ParaguayN/A0.10.10.373.2%
SwitzerlandN/A8.6N/AN/A0%
FinlandN/A4.3N/AN/A0%
Italy4.54.8N/AN/A6.7%
AustraliaN/A1.1N/AN/A0%
Canada2.589.6N/AN/A3484.0%
Others2.44.45.92.85.3%
Total29.213417.471.935.0%

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

  1. Argentina (1768.0 units)
  2. United States (1159.0 units)
  3. Kazakhstan (557.0 units)
  4. Uruguay (550.0 units)
  5. Ecuador (442.0 units)
  6. Bolivia (183.0 units)
  7. Paraguay (74.0 units)
  8. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform

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