Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador - 2022
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $15 per unit in 2022, declining by -22% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 27%. Over the period under review, average import prices reached the maximum at $19 per unit in 2021, and then declined dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($18 per unit), while the price for the United States ($7.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+2.8%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $12 per unit, waning by -10.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 38% against the previous year. The export price peaked at $34 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
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 Peru ($39 per unit), while the average price for exports to Colombia ($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 Chile (+20.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador
In 2022, approx. 40K units of track suits; of synthetic fibres, knitted or crocheteds were imported into Ecuador; increasing by 35% against the previous year's figure. Overall, imports, however, saw a noticeable decrease. Imports peaked at 43K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds stood at $601K in 2022. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 7.8%. Imports peaked at $800K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 181 | 59.6 | 99.0 | 169 | -2.3% |
| Panama | 98.0 | 100 | 123 | 137 | 11.8% |
| Vietnam | 81.5 | 102 | 137 | 101 | 7.4% |
| Cambodia | 144 | 68.6 | 71.4 | 72.4 | -20.5% |
| Malaysia | 31.0 | 39.9 | 37.5 | 31.7 | 0.7% |
| Indonesia | 68.2 | 28.3 | 27.4 | 29.5 | -24.4% |
| Bangladesh | 139 | 73.7 | 18.5 | 11.0 | -57.1% |
| Sri Lanka | 11.6 | 10.3 | 11.0 | 10.6 | -3.0% |
| Others | 45.5 | 45.2 | 43.7 | 38.9 | -5.1% |
| Total | 800 | 527 | 568 | 601 | -9.1% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Ecuador in 2022:
- China (10.5K units)
- Panama (10.1K units)
- Vietnam (6.2K units)
- Cambodia (4.5K units)
- Indonesia (1.8K units)
- Malaysia (1.7K units)
- Sri Lanka (1.2K units)
- Bangladesh (0.7K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador
For the third consecutive year, Ecuador recorded decline in overseas shipments of track suits; of synthetic fibres, knitted or crocheteds, which decreased by -9.9% to 91 units in 2022. In general, exports continue to indicate a abrupt contraction. Over the period under review, the exports of hit record highs at 130 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds shrank rapidly to $1.1K in 2022. Over the period under review, exports showed a abrupt setback. The smallest decline of -18.9% was in 2021. The exports peaked at $2.1K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ecuador (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 1,264 | 1,232 | 775 | 818 | -13.5% |
| Paraguay | N/A | N/A | 546 | 232 | -57.5% |
| Peru | 604 | 331 | 41.0 | 39.0 | -59.9% |
| United States | 142 | 77.0 | 10.0 | 9.0 | -60.1% |
| Others | 111 | 78.0 | 21.0 | 30.0 | -35.3% |
| Total | 2,121 | 1,718 | 1,393 | 1,128 | -19.0% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Ecuador in 2022:
- Bolivia (66.0 units)
- Paraguay (19.0 units)
- United States (1.0 units)
- Peru (1.0 units)
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