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

Contents:

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

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

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $22 per unit, with a decrease of -6.7% against the previous year. In general, the export price, however, posted a strong increase. The pace of growth was the most pronounced in 2019 when the average export price increased by 60%. As a result, the export price reached the peak level of $24 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

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 Montenegro ($25 per unit), while the average price for exports to Ukraine ($3.9 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 Ukraine (+27.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $5.2 per unit in 2022, reducing by -12.2% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2014 an increase of 0.3%. As a result, import price attained the peak level of $14 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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 Bangladesh ($16 per unit), while the price for Turkey ($3.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of track suits; of synthetic fibres, knitted or crocheteds from Serbia surged to 60K units in 2022, increasing by 37% on the year before. The total export volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $1.3M in 2022. The total export value increased at an average annual rate of +6.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina7168777559439.6%
North Macedonia12014416322723.7%
Montenegro19614183.483.6-24.7%
Romania7.32.5N/A18.937.3%
UkraineN/AN/A1.03.6260.0%
Others33.125.019.732.0-1.1%
Total1,0731,1901,0221,3086.8%

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

  1. Bosnia and Herzegovina (40.5K units)
  2. North Macedonia (11.7K units)
  3. Montenegro (3.4K units)
  4. Romania (1.4K units)
  5. Ukraine (0.9K units)

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

In 2022, overseas purchases of track suits; of synthetic fibres, knitted or crocheteds decreased by -4.2% to 106K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 144%. Imports peaked at 111K units in 2021, and then reduced in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds declined sharply to $547K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 78% against the previous year. Imports peaked at $650K in 2021, and then contracted markedly in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey11218928026332.9%
China10727214617517.8%
Bangladesh21.46.997.924.03.9%
Italy0.94.10.123.5196.7%
Cambodia50.071.421.323.1-22.7%
Myanmar0.29.023.315.3324.5%
Vietnam7.51.570.79.47.8%
Others23.117.010.513.8-15.8%
Total32257165054719.3%

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

  1. Turkey (76.0K units)
  2. China (19.1K units)
  3. Cambodia (2.9K units)
  4. Myanmar (2.4K units)
  5. Italy (1.6K units)
  6. Bangladesh (1.5K units)
  7. Vietnam (0.9K units)

Source: IndexBox Market Intelligence Platform

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