Price for Track Suits; of Cotton, Knitted or Crocheted in Colombia - 2022

Contents:

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

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

The average import price for track suits; of cotton, knitted or crocheted stood at $11 per unit in 2022, which is down by -14.7% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 58% against the previous year. The import price peaked at $15 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($22 per unit), while the price for China ($8.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for track suits; of cotton, knitted or crocheted stood at $13 per unit in 2022, picking up by 35% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% 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 -35.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 90% against the previous year. As a result, the export price attained the peak level of $21 per unit. From 2020 to 2022, the average export prices remained at a 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 Costa Rica ($16 per unit), while the average price for exports to Venezuela ($6.4 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 the United States (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of track suits; of cotton, knitted or crocheted into Colombia surged to 98K units in 2022, rising by 138% on 2021. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of track suits; of cotton, knitted or crocheted surged to $1.1M in 2022. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Track Suits; of Cotton, Knitted or Crocheted in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11211515259974.9%
Cambodia20164.4161164-6.6%
Pakistan23076.060.1138-15.7%
Indonesia39.811.373.844.84.0%
Thailand22.79.7N/A30.610.5%
Italy11.90.63.027.732.5%
Bangladesh10910.93.522.6-40.8%
Philippines19.517.91.56.7-30.0%
Others28.020.077.547.118.9%
Total7753265321,08111.7%

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

  1. China (67.3K units)
  2. Pakistan (9.9K units)
  3. Cambodia (9.2K units)
  4. Indonesia (3.2K units)
  5. Italy (1.8K units)
  6. Bangladesh (1.8K units)
  7. Thailand (1.8K units)
  8. Philippines (0.4K units)

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

In 2022, overseas shipments of track suits; of cotton, knitted or crocheted decreased by -98.7% to 144 units for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 422% against the previous year. Over the period under review, the exports of reached the maximum at 11K units in 2021, and then fell notably in the following year.

In value terms, exports of track suits; of cotton, knitted or crocheted shrank rapidly to $1.9K in 2022. Over the period under review, exports recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 281%. The exports peaked at $107K in 2021, and then contracted notably in the following year.

Export of Track Suits; of Cotton, Knitted or Crocheted in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama1.30.40.10.8-14.9%
Costa Rica0.51.10.50.817.0%
VenezuelaN/AN/AN/A0.20%
EcuadorN/AN/A4.6N/A0%
BelgiumN/A23.92.7N/A-88.7%
Spain4.01.1N/AN/A-72.5%
United States6.718.76.0N/A-5.4%
KuwaitN/AN/A3.8N/A0%
Saudi ArabiaN/AN/A7.1N/A0%
Others2.010.281.9N/A539.9%
Total14.555.51071.9-49.2%

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

  1. Panama (56.0 units)
  2. Costa Rica (50.0 units)
  3. Venezuela (36.0 units)

Source: IndexBox Market Intelligence Platform

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