Price for Track Suits; of Cotton, Knitted or Crocheted in Ecuador - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Ecuador (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Ecuador (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Ecuador
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Ecuador
Price for Track Suits; of Cotton, Knitted or Crocheted in Ecuador (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, which is down by -2% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +2.8% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 39%. The import price peaked at $18 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Indonesia ($18 per unit) and Thailand ($18 per unit), while the price for Malaysia ($17 per unit) and Peru ($18 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Ecuador (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $25 per unit in 2022, growing by 20% against the previous year. Overall, the export price showed a resilient expansion. The growth pace was the most rapid in 2015 an increase of 76% against the previous year. As a result, the export price reached the peak level of $42 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($26 per unit), while the average price for exports to Costa Rica amounted to $22 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Ecuador
In 2022, approx. 17K units of track suits; of cotton, knitted or crocheted were imported into Ecuador; with an increase of 69% compared with the year before. In general, imports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of track suits; of cotton, knitted or crocheted surged to $302K in 2022. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2021 when imports increased by 105%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.9 | 4.4 | 26.5 | 142 | 36.4% |
| Cambodia | 11.0 | 8.5 | 40.1 | 49.6 | 65.2% |
| Pakistan | 29.1 | 20.6 | 12.3 | 36.5 | 7.8% |
| Vietnam | 20.4 | 1.5 | 15.3 | 17.9 | -4.3% |
| Indonesia | 4.5 | 1.5 | 8.4 | 13.8 | 45.3% |
| Brazil | 15.7 | 6.6 | 8.5 | 11.6 | -9.6% |
| Philippines | 11.2 | 3.1 | 7.4 | 10.0 | -3.7% |
| Thailand | 8.5 | 4.6 | 7.4 | 8.4 | -0.4% |
| Bangladesh | 16.6 | 5.0 | 1.2 | 2.3 | -48.3% |
| Malaysia | 12.3 | 1.5 | 0.6 | 0.1 | -79.9% |
| Panama | 11.2 | 4.6 | 5.7 | N/A | -28.7% |
| Sri Lanka | 7.8 | 3.2 | 3.9 | N/A | -29.3% |
| Others | 45.5 | 23.7 | 45.0 | 10.3 | -39.1% |
| Total | 250 | 88.8 | 182 | 302 | 6.5% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Ecuador in 2022:
- China (8.0K units)
- Cambodia (2.8K units)
- Pakistan (2.1K units)
- Vietnam (1.0K units)
- Indonesia (0.8K units)
- Brazil (0.7K units)
- Philippines (0.6K units)
- Thailand (0.5K units)
- Bangladesh (0.1K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Ecuador
After two years of decline, overseas shipments of track suits; of cotton, knitted or crocheted decreased by -58.3% to 30 units in 2022. Over the period under review, exports, however, posted a significant increase. The exports peaked at 72 units in 2021, and then reduced markedly in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted fell markedly to $744 in 2022. In general, exports, however, showed a significant increase. Over the period under review, the exports of attained the peak figure at $1.5K in 2021, and then contracted markedly in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 2.0 | N/A | 121 | 476 | 519.7% |
| Costa Rica | 1.0 | N/A | 69.0 | 268 | 544.7% |
| Bolivia | N/A | N/A | 695 | N/A | 0% |
| Chile | N/A | N/A | 604 | N/A | 0% |
| Others | 1.0 | N/A | N/A | N/A | 0% |
| Total | 4.0 | N/A | 1,489 | 744 | 470.8% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Ecuador in 2022:
- Panama (18.0 units)
- Costa Rica (12.0 units)
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