Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium - 2023

Contents:

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

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium (FOB) - 2023

In December 2023, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $34.5 per unit, declining by -12.3% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2023 an increase of 28% m-o-m. As a result, the export price reached the peak level of $39.4 per unit, and then reduced in the following month.

Average prices varied somewhat for the major overseas markets. In December 2023, the country with the highest price was the UK ($50.5 per unit), while the average price for exports to Turkey stood at $35.3 per unit.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.3%), 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 Belgium (CIF) - 2023

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $17.1 per unit in December 2023, surging by 1.7% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2023 when the average import price increased by 34% against the previous month. The import price peaked at $22.0 per unit in June 2023; however, from July 2023 to December 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($18.3 per unit), while the price for India ($5.8 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from Belgium rose rapidly to 2.5M units, growing by 9.4% on the year before. Overall, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,666% against the previous year. As a result, the exports attained the peak of 2.8M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds reached $62M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,701% against the previous year. As a result, the exports attained the peak of $65M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.414.714.816.3244.1%
GermanyN/A9.113.111.311.4%
SpainN/A6.77.68.09.3%
Italy1.14.26.06.076.0%
Netherlands0.24.25.24.7186.4%
Poland0.11.72.62.7200.0%
RomaniaN/A0.81.71.954.1%
AustriaN/A0.91.61.841.4%
TurkeyN/A0.40.51.165.8%
United Kingdom0.116.40.70.458.7%
Others0.56.07.67.7148.8%
Total2.365.061.561.9199.7%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Belgium in 2022:

  1. France (1051.4K units)
  2. Germany (372.4K units)
  3. Spain (240.9K units)
  4. Italy (183.7K units)
  5. Netherlands (125.9K units)
  6. Poland (91.7K units)
  7. Romania (75.1K units)
  8. Austria (63.7K units)
  9. Turkey (54.8K units)
  10. United Kingdom (9.4K units)

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium

In 2022, approx. 3.5M units of track suits; of synthetic fibres, knitted or crocheteds were imported into Belgium; increasing by 32% compared with 2021 figures. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 760% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $47M in 2022. Over the period under review, imports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 902%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.27.39.78.5249.0%
Cambodia0.14.54.48.4338.0%
China0.11.93.16.0291.5%
Thailand0.15.93.45.9289.3%
Germany0.42.53.95.1133.6%
France0.81.54.04.273.8%
Netherlands1.12.53.03.851.2%
IndiaN/AN/A0.11.31200.0%
Spain0.22.51.41.281.7%
TurkeyN/A1.00.30.6-22.5%
Malaysia0.14.10.1N/A0.0%
Others0.54.03.22.468.7%
Total3.737.636.647.5134.2%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Belgium in 2022:

  1. Vietnam (728.6K units)
  2. Cambodia (650.9K units)
  3. France (553.7K units)
  4. China (472.9K units)
  5. Thailand (338.6K units)
  6. Netherlands (206.7K units)
  7. Germany (187.0K units)
  8. India (165.9K units)
  9. Spain (57.5K units)
  10. Turkey (49.9K units)
  11. Malaysia (1.4K units)

Source: IndexBox Market Intelligence Platform

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