Price for Track Suits; of Cotton, Knitted or Crocheted in New Zealand - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in New Zealand (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in New Zealand (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in New Zealand
- Exports of Track Suits; of Cotton, Knitted or Crocheted in New Zealand
Price for Track Suits; of Cotton, Knitted or Crocheted in New Zealand (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $19 per unit, rising by 12% against the previous year. In general, the import price showed a strong increase. The growth pace was the most rapid in 2014 an increase of 65%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cambodia ($38 per unit), while the price for Indonesia ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in New Zealand (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $48 per unit in 2022, shrinking by -16.8% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 128% against the previous year. Over the period under review, the average export prices hit record highs at $356 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($484 per unit), while the average price for exports to the UK ($3.8 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 Hong Kong SAR (+59.2%), while the prices for the other major destinations experienced a decline.
Imports of Track Suits; of Cotton, Knitted or Crocheted in New Zealand
After two years of decline, overseas purchases of track suits; of cotton, knitted or crocheted increased by 54% to 11K units in 2022. In general, imports, however, continue to indicate a abrupt setback. Imports peaked at 21K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $206K in 2022. Over the period under review, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Cotton, Knitted or Crocheted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.8 | 40.7 | 46.2 | 113 | 41.6% |
| Cambodia | 23.5 | 4.2 | 11.8 | 20.2 | -4.9% |
| Indonesia | 10.4 | 3.0 | 0.2 | 11.9 | 4.6% |
| India | 0.6 | N/A | 1.7 | 8.1 | 138.1% |
| Pakistan | 4.6 | 5.1 | 21.9 | 6.4 | 11.6% |
| United States | N/A | 1.5 | 0.3 | 4.0 | 63.3% |
| Thailand | 0.4 | 13.8 | N/A | 3.1 | 97.9% |
| Bangladesh | 50.2 | 5.6 | 12.8 | 0.4 | -80.0% |
| Others | 28.0 | 14.3 | 24.8 | 39.1 | 11.8% |
| Total | 158 | 88.2 | 120 | 206 | 9.2% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to New Zealand in 2022:
- China (7.4K units)
- Indonesia (0.9K units)
- India (0.6K units)
- Cambodia (0.5K units)
- Pakistan (0.3K units)
- United States (0.3K units)
- Thailand (0.2K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in New Zealand
In 2022, after two years of decline, there was significant growth in overseas shipments of track suits; of cotton, knitted or crocheted, when their volume increased by 496% to 322 units. Overall, exports, however, saw a relatively flat trend pattern. Over the period under review, the exports of reached the peak figure at 329 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $16K in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Track Suits; of Cotton, Knitted or Crocheted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 0.8 | 2.4 | 2.3 | 7.7 | 112.7% |
| Fiji | 1.7 | N/A | N/A | 3.4 | 26.0% |
| Australia | 1.6 | 0.3 | 0.4 | 2.4 | 14.5% |
| Italy | N/A | N/A | N/A | 1.4 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.5 | 0% |
| Cook Islands | 3.7 | 0.4 | 0.2 | N/A | -76.8% |
| Saudi Arabia | N/A | 0.8 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.2 | N/A | -18.4% |
| Total | 8.0 | 3.8 | 3.1 | 15.5 | 24.7% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from New Zealand in 2022:
- Australia (139.0 units)
- United Kingdom (132.0 units)
- Fiji (25.0 units)
- Singapore (16.0 units)
- Italy (10.0 units)
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