Price for Track Suits; of Cotton, Knitted or Crocheted in Denmark - 2023

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Denmark (CIF) - 2023
  2. Price for Track Suits; of Cotton, Knitted or Crocheted in Denmark (FOB) - 2022
  3. Imports of Track Suits; of Cotton, Knitted or Crocheted in Denmark
  4. Exports of Track Suits; of Cotton, Knitted or Crocheted in Denmark

Price for Track Suits; of Cotton, Knitted or Crocheted in Denmark (CIF) - 2023

The average import price for track suits; of cotton, knitted or crocheted stood at $28.7 per unit in October 2023, jumping by 33% against the previous month. Over the period under review, import price indicated slight growth from October 2022 to October 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for track suits; of cotton, knitted or crocheted increased by +56.1% against August 2023 indices. The growth pace was the most rapid in March 2023 an increase of 44% month-to-month. As a result, import price attained the peak level of $33.9 per unit. From April 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Poland ($67.4 per unit), while the price for Italy ($25.1 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 Sweden (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $14 per unit, falling by -18.9% against the previous year. Overall, the export price saw a noticeable contraction. The pace of growth was the most pronounced in 2021 an increase of 76% against the previous year. The export price peaked at $22 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($43 per unit), while the average price for exports to Sweden ($8.6 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 Finland (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of track suits; of cotton, knitted or crocheted, when their volume decreased by -20.9% to 112K units. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.0% 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 +56.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of 142K units, and then declined dramatically in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted dropped to $2.2M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52%. As a result, imports reached the peak of $2.4M, and then dropped in the following year.

Import of Track Suits; of Cotton, Knitted or Crocheted in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5536897647249.4%
Poland15835928923313.8%
Italy21249.4466197-2.4%
Belgium83.725.990.616926.4%
France20.910.381.116599.1%
Turkey10.655.9191132131.8%
Sweden10589.614495.4-3.1%
CyprusN/AN/AN/A83.20%
SerbiaN/AN/A4.073.21730.0%
Netherlands1.041.230.558.7288.6%
Pakistan7.80.824.044.478.6%
China44.162.155.525.7-16.5%
Bangladesh0.212.353.521.0371.8%
Others170164180147-4.7%
Total1,3661,5612,3742,16816.6%

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

  1. Germany (41.4K units)
  2. Turkey (10.1K units)
  3. Poland (9.6K units)
  4. Italy (7.8K units)
  5. Pakistan (6.4K units)
  6. Serbia (6.2K units)
  7. France (5.3K units)
  8. Belgium (4.7K units)
  9. Bangladesh (3.8K units)
  10. Cyprus (3.8K units)
  11. Sweden (3.7K units)
  12. Netherlands (2.6K units)
  13. China (2.3K units)

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

In 2022, approx. 74K units of track suits; of cotton, knitted or crocheted were exported from Denmark; jumping by 33% against the year before. Over the period under review, exports saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 208% against the previous year. As a result, the exports attained the peak of 135K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of track suits; of cotton, knitted or crocheted rose rapidly to $1.1M in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 125% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Track Suits; of Cotton, Knitted or Crocheted in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany16379222434928.9%
Norway10422521416015.4%
Sweden30.748.839.615973.0%
SpainN/AN/AN/A93.90%
United Kingdom8.72.988.687.9116.2%
Finland1431391585.3-66.7%
Others15916026421410.4%
Total6071,3689891,07020.8%

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

  1. Germany (37.3K units)
  2. Sweden (18.5K units)
  3. Norway (7.6K units)
  4. Spain (4.4K units)
  5. United Kingdom (2.0K units)
  6. Finland (0.1K units)

Source: IndexBox Market Intelligence Platform

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