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

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain (CIF) - 2023
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain (FOB) - 2023
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain (CIF) - 2023

In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $12.3 per unit, growing by 6.8% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 an increase of 13% against the previous month. The import price peaked at $13.2 per unit in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($38.6 per unit), while the price for Bangladesh ($3.8 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 the Netherlands (+7.1%), 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 Spain (FOB) - 2023

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $14.2 per unit in December 2023, shrinking by -19.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 17% month-to-month. As a result, the export price reached the peak level of $18.3 per unit. From May 2023 to December 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($30.3 per unit), while the average price for exports to Morocco ($1.2 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.3%), 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 Spain

In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Spain soared to 5.2M units, surging by 21% against the previous year's figure. The total import volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $52M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +6.0% 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 +54.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.86.910.313.5-5.1%
Belgium6.65.18.18.27.5%
Germany0.22.02.25.6203.7%
France1.14.05.14.863.4%
Cambodia4.82.32.14.0-5.9%
Netherlands2.42.42.02.96.5%
IndiaN/A0.81.21.954.1%
Bangladesh2.32.52.81.8-7.8%
Pakistan1.61.31.11.3-6.7%
Portugal0.91.71.21.210.1%
Myanmar0.71.21.01.116.3%
Vietnam2.40.60.80.7-33.7%
Others4.62.83.44.92.1%
Total43.533.541.251.86.0%

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

  1. China (2099.9K units)
  2. France (360.4K units)
  3. Cambodia (356.1K units)
  4. Germany (339.6K units)
  5. India (280.4K units)
  6. Bangladesh (272.1K units)
  7. Belgium (271.3K units)
  8. Myanmar (261.2K units)
  9. Netherlands (250.1K units)
  10. Pakistan (165.5K units)
  11. Portugal (138.5K units)
  12. Vietnam (50.1K units)

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

In 2022, overseas shipments of track suits; of synthetic fibres, knitted or crocheteds decreased by -10.9% to 1M units, falling for the second year in a row after two years of growth. Over the period under review, exports saw a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 8.4% against the previous year. As a result, the exports attained the peak of 1.2M units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds rose markedly to $13M in 2022. The total export value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2,5152,0153,4553,35910.1%
France1,5711,9552,0142,84421.9%
Portugal1,8091,4411,3591,596-4.1%
Romania6654106928779.7%
Germany855844508708-6.1%
Poland36640752958416.9%
Belgium470461491388-6.2%
Croatia22322931130511.0%
United Kingdom1,0231,028230132-49.5%
Morocco45.81.848.712640.1%
Greece43724124870.3-45.6%
Others2,3733,2092,3782,312-0.9%
Total12,35212,24112,26413,3012.5%

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

  1. Italy (257.5K units)
  2. France (229.9K units)
  3. Portugal (132.4K units)
  4. Romania (60.4K units)
  5. Germany (48.3K units)
  6. Poland (42.2K units)
  7. Belgium (30.1K units)
  8. Croatia (18.7K units)
  9. Morocco (15.2K units)
  10. Greece (5.6K units)
  11. United Kingdom (5.1K units)

Source: IndexBox Market Intelligence Platform

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