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

Contents:

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

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $25 per unit in 2022, waning by -6.9% against the previous year. Over the period under review, the import price, however, showed a measured increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 54%. Over the period under review, average import prices hit record highs at $27 per unit in 2021, and then shrank 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 Italy ($63 per unit), while the price for Pakistan ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.5%), 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 Norway (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $52 per unit, rising by 51% against the previous year. In general, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 125%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($203 per unit), while the average price for exports to the Netherlands ($22 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 (+14.8%), 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 Norway

In 2022, purchases abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -11.5% to 74K units, falling for the second year in a row after two years of growth. Over the period under review, imports showed a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of 13%. As a result, imports reached the peak of 96K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds shrank sharply to $1.9M in 2022. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 32%. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3451,04739562922.2%
Cambodia3092144093120.3%
Thailand58.812832725563.1%
Vietnam11329725615511.1%
Lithuania17812015583.7-22.2%
India63.564.779.159.0-2.4%
Indonesia97.576.398.845.3-22.5%
Bangladesh59.618695.140.5-12.1%
Netherlands14112.031.330.0-40.3%
Pakistan5.314.814.526.871.6%
Others476284426247-19.6%
Total1,8472,4422,2871,8840.7%

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

  1. China (29.7K units)
  2. Cambodia (12.0K units)
  3. Thailand (7.3K units)
  4. Vietnam (5.5K units)
  5. India (4.6K units)
  6. Lithuania (2.7K units)
  7. Bangladesh (2.3K units)
  8. Indonesia (2.2K units)
  9. Pakistan (2.1K units)
  10. Netherlands (1.1K units)

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

In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -32.3% to 4.1K units, falling for the second year in a row after two years of growth. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 67% against the previous year. As a result, the exports attained the peak of 8.5K 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 expanded slightly to $211K in 2022. In general, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 85%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden12.916.984.9121110.9%
United StatesN/AN/A0.620.63333.3%
GermanyN/A10875.418.1-59.1%
Denmark45.545.416.515.9-29.6%
ArgentinaN/AN/AN/A8.40%
Netherlands1.8N/A21.92.511.6%
United Kingdom5.313.72.41.0-42.6%
Singapore25.9N/AN/A0.4-75.1%
GambiaN/A1.0N/AN/A0%
Others8.91.34.623.037.2%
Total10018620621128.3%

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

  1. Sweden (2793.0 units)
  2. Denmark (426.0 units)
  3. Germany (413.0 units)
  4. Netherlands (112.0 units)
  5. United States (101.0 units)
  6. Argentina (97.0 units)
  7. United Kingdom (29.0 units)
  8. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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