Price for Track Suits; of Cotton, Knitted or Crocheted in Nepal - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Nepal (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Nepal (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Nepal
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Nepal
Price for Track Suits; of Cotton, Knitted or Crocheted in Nepal (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $5.3 per unit, shrinking by -7.2% 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 2015 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $10 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($7.2 per unit), while the price for China amounted to $5.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.7%).
Price for Track Suits; of Cotton, Knitted or Crocheted in Nepal (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $52 per unit in 2022, falling by -7% against the previous year. Overall, the export price, however, recorded significant growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 54%. Over the period under review, the average export prices attained the peak figure at $56 per unit in 2021, and then shrank in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($154 per unit), while the average price for exports to Singapore ($2 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Nepal
In 2022, imports of track suits; of cotton, knitted or crocheted into Nepal surged to 47K units, picking up by 3,943% on 2021. In general, imports recorded significant growth. 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 $246K in 2022. Over the period under review, imports continue to indicate a significant expansion. 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 Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 31.2 | 6.0 | 224 | 321.1% |
| India | 0.2 | 3.3 | 0.3 | 21.8 | 377.7% |
| Others | 0.1 | 2.9 | 0.2 | N/A | 41.4% |
| Total | 3.3 | 37.5 | 6.6 | 246 | 320.9% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Nepal in 2022:
- China (43.8K units)
- India (3.0K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Nepal
In 2022, approx. 7 units of track suits; of cotton, knitted or crocheted were exported from Nepal; declining by -46.2% against 2021. In general, exports saw a precipitous decline. Over the period under review, the exports of hit record highs at 13 units in 2021, and then dropped rapidly in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted contracted remarkably to $367 in 2022. Overall, exports recorded a dramatic downturn. The exports peaked at $733 in 2021, and then contracted rapidly in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Nepal (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United Kingdom | 295 | 308 | 4.4% | ||
| United States | 10.0 | 32.0 | 220.0% | ||
| Canada | 26.0 | 23.0 | -11.5% | ||
| Singapore | 2.0 | 2.0 | 0.0% | ||
| Switzerland | 2.0 | 2.0 | 0.0% | ||
| Germany | 104 | N/A | 0% | ||
| France | 279 | N/A | 0% | ||
| Kuwait | 15.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 733 | 367 | -49.9% | ||
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Nepal in 2022:
- United States (2.0 units)
- United Kingdom (2.0 units)
- Switzerland (1.0 units)
- Canada (1.0 units)
- Singapore (1.0 units)
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