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

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Slovakia (CIF) - 2023
  2. Price for Track Suits; of Cotton, Knitted or Crocheted in Slovakia (FOB) - 2022
  3. Imports of Track Suits; of Cotton, Knitted or Crocheted in Slovakia
  4. Exports of Track Suits; of Cotton, Knitted or Crocheted in Slovakia

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

The average import price for track suits; of cotton, knitted or crocheted stood at $80.3 per unit in October 2023, growing by 398% against the previous month. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Switzerland ($499 per unit), while the price for Pakistan ($5.6 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 China (+39.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $13 per unit, with a decrease of -27.4% against the previous year. Over the period under review, the export price, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 116% against the previous year. The export price peaked at $18 per unit in 2021, and then dropped rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($16 per unit), while the average price for exports to Croatia ($8.5 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 Poland (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of track suits; of cotton, knitted or crocheted into Slovakia soared to 103K units, jumping by 25% compared with the previous year's figure. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of 129K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted expanded markedly to $1.5M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.0% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Track Suits; of Cotton, Knitted or Crocheted in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany20.4260513792238.6%
Poland1734043062249.0%
Czech Republic3.8162117142234.3%
Hungary17.621.336.494.975.4%
Turkey18.917.012861.548.2%
Austria18713630.049.6-35.7%
Italy14.362.171.445.847.4%
China1054.828.63.0-69.4%
Cambodia149N/A5.60.1-91.2%
Others24475.877.372.5-33.3%
Total9341,1431,3131,48616.7%

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

  1. Germany (64.5K units)
  2. Poland (9.7K units)
  3. Hungary (9.1K units)
  4. Czech Republic (7.4K units)
  5. Turkey (5.2K units)
  6. Italy (1.9K units)
  7. Austria (1.9K units)
  8. China (0.1K units)

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

In 2022, exports of track suits; of cotton, knitted or crocheted from Slovakia skyrocketed to 40K units, growing by 83% against the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted surged to $511K in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 120% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Track Suits; of Cotton, Knitted or Crocheted in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9.842.4137198172.4%
Czech Republic32.938.410216671.5%
Hungary17.425.652.371.960.5%
AustriaN/A0.1N/A34.01743.9%
RomaniaN/AN/AN/A16.90%
Germany42.45.76.515.2-29.0%
CroatiaN/AN/AN/A6.00%
BulgariaN/A29.09.4N/A-67.6%
United Arab Emirates20.0N/AN/AN/A0%
Others24.233.877.12.9-50.7%
Total14717538551151.5%

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

  1. Poland (12.5K units)
  2. Czech Republic (12.1K units)
  3. Hungary (7.9K units)
  4. Austria (3.9K units)
  5. Romania (1.9K units)
  6. Germany (1.0K units)
  7. Croatia (0.7K units)

Source: IndexBox Market Intelligence Platform

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