Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand (FOB) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand (FOB) - 2024
In January 2024, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $10.7 per unit, surging by 2.1% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 when the average export price increased by 13% against the previous month. As a result, the export price reached the peak level of $13.9 per unit. From May 2023 to January 2024, 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 Belgium ($18.8 per unit), while the average price for exports to the United States ($6.3 per unit) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.4%), 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 Thailand (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $16 per unit in 2022, growing by 14% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth was the most pronounced in 2015 an increase of 70%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($18 per unit), while the price for Australia ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+11.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand
After three years of growth, overseas shipments of track suits; of synthetic fibres, knitted or crocheteds decreased by -45.4% to 1.2M units in 2022. In general, exports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by 79% against the previous year. The exports peaked at 2.2M units in 2021, and then shrank sharply in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds shrank rapidly to $16M in 2022. Overall, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 81%. The exports peaked at $27M in 2021, and then fell markedly in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.7 | 7.7 | 4.7 | 5.8 | 7.3% |
| United Kingdom | 2.2 | 2.7 | 4.8 | 1.8 | -6.5% |
| Germany | 0.8 | 2.5 | 4.2 | 1.8 | 31.0% |
| Netherlands | 0.2 | 0.9 | 2.8 | 1.7 | 104.1% |
| South Korea | 0.5 | 2.4 | 3.3 | 1.1 | 30.1% |
| France | 0.1 | 0.2 | 0.1 | 0.5 | 71.0% |
| China | 0.4 | 0.9 | 0.2 | 0.3 | -9.1% |
| Peru | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Mexico | 0.2 | 0.3 | 0.7 | 0.2 | 0.0% |
| Japan | 0.3 | 0.5 | 1.3 | 0.2 | -12.6% |
| Others | 1.6 | 1.8 | 4.1 | 2.5 | 16.0% |
| Total | 11.1 | 20.0 | 26.6 | 16.4 | 13.9% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Thailand in 2022:
- Belgium (353.3K units)
- United Kingdom (153.8K units)
- Germany (153.6K units)
- Netherlands (149.0K units)
- South Korea (89.8K units)
- France (35.1K units)
- China (27.0K units)
- Peru (23.5K units)
- Japan (22.5K units)
- Mexico (19.2K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand
In 2022, overseas purchases of track suits; of synthetic fibres, knitted or crocheteds decreased by -82.6% to 22K units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 106%. As a result, imports reached the peak of 366K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds shrank markedly to $334K in 2022. Overall, imports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 373 | 207 | 174 | 86.7 | -38.5% |
| Sri Lanka | N/A | 15.7 | 43.8 | 51.7 | 81.5% |
| Vietnam | 48.4 | 22.8 | 50.8 | 41.7 | -4.8% |
| Cambodia | 1,562 | 2,749 | 1,259 | 38.7 | -70.8% |
| Indonesia | 189 | 183 | 96.3 | 27.5 | -47.4% |
| Australia | 1.0 | 0.1 | N/A | 26.2 | 197.0% |
| Bangladesh | 4.0 | 5.4 | 10.2 | 8.2 | 27.0% |
| Others | 62.2 | 58.8 | 42.2 | 53.5 | -4.9% |
| Total | 2,239 | 3,242 | 1,677 | 334 | -47.0% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Thailand in 2022:
- China (6.7K units)
- Sri Lanka (2.9K units)
- Cambodia (2.6K units)
- Vietnam (2.5K units)
- Australia (2.4K units)
- Indonesia (2.0K units)
- Bangladesh (0.5K units)
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