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

Contents:

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

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

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, dropping by -4.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2019 an increase of 23%. Over the period under review, average import prices reached the peak figure at $19 per unit in 2021, and then contracted slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($43 per unit), while the price for Spain ($9.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $23 per unit, which is down by -4.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 26%. The export price peaked at $36 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Sweden ($47 per unit), while the average price for exports to Russia ($21 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 Estonia (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of track suits; of cotton, knitted or crocheted into Finland shrank significantly to 33K units in 2022, with a decrease of -19.5% compared with the year before. Over the period under review, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Imports peaked at 46K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of track suits; of cotton, knitted or crocheted reduced dramatically to $614K in 2022. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports reached the peak of $801K, and then shrank rapidly in the following year.

Import of Track Suits; of Cotton, Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden11226043623327.7%
GermanyN/A205254159-11.9%
NetherlandsN/AN/A1.584.85553.3%
Denmark29.49.431.458.625.8%
Belgium0.226.24.823.1387.0%
SpainN/A0.62.25.1191.5%
Turkey64.78.43.10.6-79.0%
China89.61.73.50.2-86.9%
Thailand1130.1N/AN/A-99.9%
Bangladesh40.1N/A36.3N/A-4.9%
Pakistan88.35.20.6N/A-91.8%
Others18966.927.249.4-36.1%
Total726584801614-5.4%

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

  1. Germany (11.9K units)
  2. Sweden (10.0K units)
  3. Netherlands (5.5K units)
  4. Denmark (3.0K units)
  5. Belgium (1.1K units)
  6. Spain (0.5K units)

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

After three years of growth, shipments abroad of track suits; of cotton, knitted or crocheted decreased by -59.7% to 2.8K units in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 884%. As a result, the exports attained the peak of 6.8K units, and then shrank significantly in the following year.

In value terms, exports of track suits; of cotton, knitted or crocheted fell dramatically to $63K in 2022. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 663% against the previous year. As a result, the exports reached the peak of $163K, and then contracted remarkably in the following year.

Export of Track Suits; of Cotton, Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia4.60.412549.4120.6%
Estonia7.16.22.74.7-12.8%
Latvia3.52.50.82.8-7.2%
Czech RepublicN/AN/A1.51.50.0%
Sweden4.37.918.30.2-64.0%
UkraineN/AN/A6.8N/A0%
Others1.04.38.04.058.7%
Total20.621.416362.744.9%

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

  1. Russia (2327.0 units)
  2. Estonia (175.0 units)
  3. Latvia (91.0 units)
  4. Czech Republic (54.0 units)
  5. Sweden (5.0 units)

Source: IndexBox Market Intelligence Platform

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