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

Contents:

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

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

The average import price for track suits; of cotton, knitted or crocheted stood at $15.0 per unit in October 2023, waning by -12.2% against the previous month. Over the period under review, the import price continues to indicate a slight descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 118% against the previous month. Over the period under review, average import prices hit record highs at $18.9 per unit in October 2022; however, from November 2022 to October 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($45.3 per unit), while the price for China ($7.1 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 (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for track suits; of cotton, knitted or crocheted stood at $13 per unit in 2022, shrinking by -8.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the peak figure at $20 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 the Czech Republic ($23 per unit), while the average price for exports to Morocco ($2.2 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 (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 2M units of track suits; of cotton, knitted or crocheted were imported into Spain; picking up by 17% on the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $33M 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 +19.6% 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 +71.1% against 2019 indices. 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 Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.96.46.86.593.3%
Germany0.11.73.16.3297.9%
Netherlands0.81.41.73.665.1%
France0.70.91.43.367.7%
Belgium6.06.35.32.4-26.3%
Cambodia2.11.42.22.21.6%
China2.61.11.22.2-5.4%
Bangladesh1.31.52.11.811.5%
Portugal0.80.61.11.317.6%
Pakistan1.20.30.20.8-12.6%
India0.20.10.30.426.0%
Vietnam1.20.20.20.3-37.0%
Others1.10.70.71.510.9%
Total19.022.626.332.519.6%

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

  1. Germany (425.8K units)
  2. Italy (297.5K units)
  3. Bangladesh (209.0K units)
  4. Cambodia (183.2K units)
  5. China (154.6K units)
  6. France (152.7K units)
  7. Netherlands (121.5K units)
  8. Pakistan (114.6K units)
  9. Portugal (87.6K units)
  10. Belgium (86.6K units)
  11. India (51.2K units)
  12. Vietnam (17.5K units)

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

In 2022, approx. 556K units of track suits; of cotton, knitted or crocheted were exported from Spain; picking up by 84% compared with 2021 figures. Overall, exports saw significant growth. 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 skyrocketed to $7.4M in 2022. In general, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 72% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Track Suits; of Cotton, Knitted or Crocheted in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4375181,5122,58980.9%
Portugal64836663195914.0%
Italy42518536578522.7%
Germany13626731963567.1%
Andorra56.732.970.024562.9%
United Kingdom24918557.4176-10.9%
Algeria58.5N/A0.516541.3%
Romania156113143133-5.2%
Poland76.521819412818.7%
MoroccoN/A0.61911011197.4%
Belgium88.923.374.490.20.5%
Croatia2.20.38.979.1230.1%
Greece16411.222.059.4-28.7%
Others4416267861,25241.6%
Total2,9402,5474,3737,39636.0%

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

  1. France (157.5K units)
  2. Portugal (92.5K units)
  3. Italy (53.9K units)
  4. Germany (47.9K units)
  5. Morocco (45.3K units)
  6. Algeria (17.0K units)
  7. Romania (16.5K units)
  8. United Kingdom (13.1K units)
  9. Andorra (10.8K units)
  10. Croatia (8.6K units)
  11. Poland (8.2K units)
  12. Belgium (5.2K units)
  13. Greece (4.8K units)

Source: IndexBox Market Intelligence Platform

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