Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh - 2022
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (FOB) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $8.2 per unit in 2022, surging by 5% against the previous year. Overall, export price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.6% 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 synthetic fibres, knitted or crocheteds decreased by -30.8% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 23%. Over the period under review, the average export prices attained the maximum at $12 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($15 per unit), while the average price for exports to the United States ($3.1 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 Mexico (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $9.7 per unit in 2022, approximately mirroring the previous year. Overall, the import price, however, showed a notable expansion. The pace of growth appeared the most rapid in 2016 when the average import price increased by 55% against the previous year. The import price peaked at $15 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($13 per unit), while the price for China ($7.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+138.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh
Exports of track suits; of synthetic fibres, knitted or crocheteds from Bangladesh reached 4.6M units in 2022, rising by 2.2% compared with the previous year. The total export volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 5.6%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds rose rapidly to $38M in 2022. Overall, exports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, the exports reached the peak of $53M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 3.8 | 5.0 | 10.3 | 9.9 | 37.6% |
| Germany | 8.7 | 9.9 | 6.4 | 5.4 | -14.7% |
| Netherlands | 0.3 | 3.2 | 1.6 | 3.1 | 117.8% |
| France | 2.0 | 1.2 | 1.9 | 3.0 | 14.5% |
| United States | 2.5 | 1.2 | 1.6 | 2.5 | 0.0% |
| Spain | 2.3 | 4.5 | 3.2 | 2.1 | -3.0% |
| Japan | 2.6 | 4.6 | 1.0 | 1.9 | -9.9% |
| United Kingdom | 2.3 | 2.5 | 1.7 | 1.7 | -9.6% |
| Poland | 0.7 | 1.5 | 0.8 | 0.8 | 4.6% |
| South Korea | 3.2 | 3.1 | 0.2 | 0.7 | -39.7% |
| United Arab Emirates | 1.8 | 0.8 | 0.7 | 0.4 | -39.4% |
| Mexico | 1.9 | 2.2 | 0.1 | 0.3 | -46.0% |
| Others | 11.0 | 13.4 | 5.4 | 6.0 | -18.3% |
| Total | 43.2 | 53.1 | 35.0 | 37.6 | -4.5% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Bangladesh in 2022:
- Italy (1377.4K units)
- United States (814.3K units)
- Germany (460.1K units)
- France (395.7K units)
- Netherlands (323.1K units)
- Spain (289.6K units)
- United Kingdom (149.9K units)
- Japan (136.4K units)
- Poland (77.2K units)
- South Korea (47.8K units)
- Mexico (28.6K units)
- United Arab Emirates (23.9K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh
In 2022, after three years of growth, there was significant decline in overseas purchases of track suits; of synthetic fibres, knitted or crocheteds, when their volume decreased by -85.3% to 1K units. Over the period under review, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Imports peaked at 7K units in 2021, and then shrank dramatically in the following year.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds shrank rapidly to $10K in 2022. Overall, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports reached the peak of $68K, and then fell markedly in the following year.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 19.6 | 40.9 | 68.0 | 4.8 | -37.4% |
| India | N/A | 0.4 | N/A | 4.0 | 216.2% |
| United Arab Emirates | 9.8 | N/A | N/A | 1.1 | -51.8% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 29.3 | 41.3 | 68.0 | 10.0 | -30.1% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Bangladesh in 2022:
- China (609.0 units)
- India (331.0 units)
- United Arab Emirates (86.0 units)
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