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

Contents:

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

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

In October 2023, the average import price for track suits; of cotton, knitted or crocheted amounted to $26.6 per unit, rising by 16% against the previous month. In general, import price indicated a temperate increase from October 2022 to October 2023: its price increased at an average monthly rate of +2.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for track suits; of cotton, knitted or crocheted increased by +61.1% against August 2023 indices. The growth pace was the most rapid in February 2023 when the average import price increased by 68% against the previous month. The import price peaked in October 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($194 per unit), while the price for Turkey ($31.3 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 the UK (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $33 per unit, surging by 6.9% against the previous year. In general, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of cotton, knitted or crocheted increased by +13.8% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 43% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($75 per unit), while the average price for exports to the Czech Republic ($15 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 (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, purchases abroad of track suits; of cotton, knitted or crocheted decreased by -0.2% to 257K units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 41%. Imports peaked at 257K units in 2021, and then shrank in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted contracted to $4.5M in 2022. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $5.1M, and then contracted in the following year.

Import of Track Suits; of Cotton, Knitted or Crocheted in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9401,2272,2461,48316.4%
Italy19410729138425.6%
Turkey63.631052135877.9%
Denmark13513420834336.5%
China11416520033443.1%
Bangladesh10412120128539.9%
Portugal13625264824621.8%
France30.47.767.323998.8%
India7.31.122.3150173.9%
Netherlands1192071131487.5%
Poland10225326614311.9%
Pakistan19.322.827.967.251.6%
United Kingdom22815753.867.0-33.5%
Others2371372342836.1%
Total2,4303,1015,1004,53023.1%

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

  1. Germany (80.7K units)
  2. Denmark (38.0K units)
  3. Bangladesh (33.3K units)
  4. Turkey (28.9K units)
  5. China (18.0K units)
  6. Italy (10.3K units)
  7. India (8.0K units)
  8. Portugal (7.6K units)
  9. France (7.4K units)
  10. Pakistan (4.9K units)
  11. Netherlands (4.3K units)
  12. Poland (4.0K units)
  13. United Kingdom (1.6K units)

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

After three years of growth, overseas shipments of track suits; of cotton, knitted or crocheted decreased by -13.4% to 69K units in 2022. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year. Over the period under review, the exports of hit record highs at 80K units in 2021, and then reduced in the following year.

In value terms, exports of track suits; of cotton, knitted or crocheted fell to $2.3M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. As a result, the exports attained the peak of $2.4M, and then contracted in the following year.

Export of Track Suits; of Cotton, Knitted or Crocheted in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway22849969744224.7%
Germany18120437735324.9%
Finland2873753593041.9%
Poland35.611320017770.7%
Denmark146221106126-4.8%
United Kingdom380186189103-35.3%
Netherlands3.06.233.689.5210.1%
Italy8.86.311.678.3107.2%
South Korea33.38.932.778.032.8%
Austria6.350.013039.384.1%
Estonia9.26.01.536.257.9%
Czech Republic1.94.43.232.0156.3%
Others27629030140113.3%
Total1,5951,9702,4402,25812.3%

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

  1. Norway (16.0K units)
  2. Finland (12.7K units)
  3. Germany (8.7K units)
  4. Denmark (6.6K units)
  5. Poland (5.0K units)
  6. United Kingdom (3.0K units)
  7. Czech Republic (2.1K units)
  8. Netherlands (1.9K units)
  9. South Korea (1.5K units)
  10. Estonia (1.3K units)
  11. Austria (1.3K units)
  12. Italy (1.0K units)

Source: IndexBox Market Intelligence Platform

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