Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal (CIF) - 2023
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal (CIF) - 2023
In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $13.1 per unit, dropping by -5.5% against the previous month. Over the period under review, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in April 2023 an increase of 93% month-to-month. As a result, import price attained the peak level of $20.0 per unit. From May 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Belgium ($28.6 per unit), while the price for Pakistan ($4.2 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 (+2.0%), 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 Portugal (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $19 per unit in 2022, picking up by 13% against the previous year. Overall, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 43% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($42 per unit), while the average price for exports to France ($9.5 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 Italy (+12.0%), 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 Portugal
In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Portugal surged to 219K units, increasing by 18% on 2021. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $3.3M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 831 | 840 | 405 | 1,090 | 9.5% |
| Belgium | 490 | 331 | 541 | 839 | 19.6% |
| France | 439 | 460 | 677 | 584 | 10.0% |
| Germany | 393 | 244 | 367 | 502 | 8.5% |
| China | 66.4 | 63.4 | 90.4 | 135 | 26.7% |
| Italy | 78.3 | 23.9 | 39.6 | 71.6 | -2.9% |
| Others | 234 | 68.9 | 90.7 | 116 | -20.9% |
| Total | 2,532 | 2,032 | 2,210 | 3,337 | 9.6% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Portugal in 2022:
- Spain (95.5K units)
- France (47.6K units)
- Belgium (30.0K units)
- Germany (24.3K units)
- China (10.7K units)
- Italy (3.3K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal
Exports of track suits; of synthetic fibres, knitted or crocheteds from Portugal declined to 90K units in 2022, approximately mirroring 2021 figures. Over the period under review, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 8.5% against the previous year. Over the period under review, the exports of hit record highs at 131K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds expanded rapidly to $1.7M in 2022. Overall, exports continue to indicate a deep reduction. The exports peaked at $2.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,811 | 1,115 | 810 | 1,057 | -16.4% |
| Angola | 93.8 | 39.5 | 16.6 | 113 | 6.4% |
| France | 70.5 | 61.1 | 149 | 83.7 | 5.9% |
| Netherlands | 122 | 8.9 | 189 | 78.0 | -13.9% |
| Germany | 27.9 | 36.3 | 33.8 | 66.2 | 33.4% |
| United Kingdom | 7.2 | 18.9 | 36.7 | 44.7 | 83.8% |
| Belgium | 31.0 | 24.8 | 39.7 | 21.5 | -11.5% |
| Others | 148 | 149 | 235 | 219 | 14.0% |
| Total | 2,311 | 1,454 | 1,510 | 1,684 | -10.0% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Portugal in 2022:
- Spain (57.3K units)
- France (8.8K units)
- Angola (4.8K units)
- Netherlands (4.7K units)
- Germany (2.9K units)
- United Kingdom (1.5K units)
- Belgium (1.5K units)
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