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

Contents:

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

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

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, rising by 6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 10%. The import price peaked at $14 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($14 per unit) and Indonesia ($14 per unit), while the price for Malaysia ($13 per unit) and Thailand ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $21 per unit, declining by -11.4% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.3% 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 increased by +78.9% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 29%. Over the period under review, the average export prices reached the peak figure at $24 per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($77 per unit), while the average price for exports to the UK ($8.6 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 Macao SAR (+15.5%), 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 Japan

In 2022, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds was finally on the rise to reach 1.2M units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a pronounced descent. Imports peaked at 1.3M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $16M in 2022. In general, imports, however, recorded a relatively flat trend pattern. Imports peaked at $17M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.16.75.85.41.9%
Cambodia3.94.01.14.22.5%
Vietnam1.92.02.22.48.1%
Bangladesh2.62.11.01.8-11.5%
Indonesia1.00.40.51.00.0%
Malaysia0.40.40.40.57.7%
Thailand0.40.60.40.3-9.1%
Others0.91.00.80.7-8.0%
Total16.317.212.316.2-0.2%

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

  1. China (392.4K units)
  2. Cambodia (305.9K units)
  3. Vietnam (178.8K units)
  4. Bangladesh (128.9K units)
  5. Indonesia (69.9K units)
  6. Malaysia (35.4K units)
  7. Thailand (23.3K units)

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

In 2022, approx. 3.7K units of track suits; of synthetic fibres, knitted or crocheteds were exported from Japan; picking up by 143% on 2021 figures. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 369%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $79K in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 485% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.71.49.530.064.8%
Italy1.00.32.16.485.7%
Spain2.40.10.14.725.1%
China0.50.92.63.794.9%
Singapore0.4N/A0.23.5106.1%
United Kingdom1.00.21.13.247.4%
South Korea2.5N/A1.12.4-1.4%
United Arab Emirates0.90.10.62.132.6%
Vietnam0.2N/A0.42.1119.0%
Macao SAR0.60.10.71.946.8%
United States0.3N/A2.91.778.3%
Austria0.10.10.71.4141.0%
Andorra0.1N/A0.21.0115.4%
Others8.22.714.314.520.9%
Total24.96.336.678.746.8%

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

  1. Russia (1358.0 units)
  2. United Kingdom (370.0 units)
  3. China (208.0 units)
  4. South Korea (206.0 units)
  5. Singapore (197.0 units)
  6. United Arab Emirates (182.0 units)
  7. Austria (116.0 units)
  8. Vietnam (114.0 units)
  9. Macao SAR (109.0 units)
  10. Spain (97.0 units)
  11. United States (96.0 units)
  12. Italy (83.0 units)
  13. Andorra (83.0 units)

Source: IndexBox Market Intelligence Platform

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