Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Canada - 2024

Contents:

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

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Canada (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $6.5 per unit, with an increase of 5.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $7.1 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Cambodia ($9.9 per unit), while the price for Pakistan ($2.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Canada (FOB) - 2022

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $63 per unit in 2022, falling by -9.7% against the previous year. In general, the export price, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 152%. Over the period under review, the average export prices attained the maximum at $70 per unit in 2021, and then fell in the following year.

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 Netherlands ($88 per unit), while the average price for exports to Germany ($14 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 the United States (+9.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Canada surged to 533K units, growing by 56% on the previous year. Over the period under review, imports saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 116% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $3.5M in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5765059241,37333.6%
Vietnam51022467.46578.8%
Bangladesh60.875.519129669.5%
Indonesia30710797.4274-3.7%
Cambodia18642.02872134.6%
Pakistan11834.0273103-4.4%
India16.022.118.660.756.0%
Others12210824350260.2%
Total1,8951,1182,1013,47722.4%

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

  1. China (234.9K units)
  2. Vietnam (105.4K units)
  3. Bangladesh (59.1K units)
  4. Indonesia (38.5K units)
  5. Pakistan (35.8K units)
  6. Cambodia (21.5K units)
  7. India (12.9K units)

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

In 2022, exports of track suits; of synthetic fibres, knitted or crocheteds from Canada skyrocketed to 27K units, growing by 18% against 2021. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 238%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds expanded remarkably to $1.7M in 2022. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 587% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands33.11531,4741,530258.9%
United States11471.61151325.0%
GermanyN/AN/AN/A10.20%
Others37.57.43.323.5-14.4%
Total1852321,5921,696109.3%

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

  1. Netherlands (17.4K units)
  2. United States (8.3K units)
  3. Germany (0.7K units)

Source: IndexBox Market Intelligence Platform

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