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

Contents:

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

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

The average import price for track suits; of cotton, knitted or crocheted stood at $10.0 per unit in October 2023, increasing by 5.4% against the previous month. Over the period under review, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 22% m-o-m. Over the period under review, average import prices hit record highs at $14.8 per unit in November 2022; however, from December 2022 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($26.6 per unit), while the price for Turkey ($9.8 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 Italy (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for track suits; of cotton, knitted or crocheted stood at $34.5 per unit in October 2023, surging by 115% against the previous month. In general, the export price showed buoyant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($72.7 per unit), while the average price for exports to Bosnia and Herzegovina ($9.1 per unit) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Germany recorded growth in purchases abroad of track suits; of cotton, knitted or crocheted, which increased by 55% to 6.9M units in 2022. Overall, imports posted a significant increase. As a result, imports reached 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 $81M in 2022. In general, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Import of Track Suits; of Cotton, Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia5.97.79.313.732.4%
Turkey3.73.910.310.541.6%
Bangladesh2.44.18.09.155.9%
China3.02.44.27.736.9%
Pakistan3.94.56.96.518.6%
Netherlands0.61.52.35.9114.2%
Vietnam0.71.91.95.497.6%
France0.41.01.43.7109.9%
Belgium0.60.60.83.580.0%
Italy1.31.42.33.133.6%
Indonesia0.81.11.92.648.1%
Poland0.50.71.52.366.3%
India0.40.80.61.348.1%
Others5.46.44.26.14.1%
Total29.337.955.681.440.6%

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

  1. Turkey (1446.8K units)
  2. Bangladesh (1132.3K units)
  3. Cambodia (988.5K units)
  4. Netherlands (617.8K units)
  5. Pakistan (598.7K units)
  6. China (511.0K units)
  7. Vietnam (286.2K units)
  8. Indonesia (238.8K units)
  9. India (188.9K units)
  10. Belgium (147.7K units)
  11. France (117.4K units)
  12. Italy (113.5K units)
  13. Poland (107.5K units)

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

For the fourth year in a row, Germany recorded growth in overseas shipments of track suits; of cotton, knitted or crocheted, which increased by 29% to 3.9M units in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $69M in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 49%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Track Suits; of Cotton, Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.96.79.112.822.9%
Italy4.04.77.610.337.1%
Poland1.83.96.27.762.3%
Netherlands2.12.94.85.235.3%
Austria1.62.33.84.136.8%
Spain1.32.02.84.045.4%
United Kingdom2.74.53.13.25.8%
Switzerland1.92.43.33.117.7%
Slovakia0.30.30.82.7108.0%
Belgium0.40.73.12.789.0%
Romania0.81.31.81.933.4%
Sweden1.01.22.21.514.5%
Czech Republic0.50.70.91.337.5%
Others4.44.77.58.223.1%
Total29.838.357.068.632.0%

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

  1. France (885.8K units)
  2. Italy (570.7K units)
  3. Poland (448.0K units)
  4. Netherlands (289.8K units)
  5. Slovakia (268.7K units)
  6. Spain (252.4K units)
  7. Austria (208.8K units)
  8. Belgium (157.0K units)
  9. United Kingdom (153.1K units)
  10. Czech Republic (103.6K units)
  11. Sweden (82.7K units)
  12. Switzerland (79.2K units)
  13. Romania (64.0K units)

Source: IndexBox Market Intelligence Platform

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