Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Czech Republic - 2023

Contents:

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

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $23.3 per unit in December 2023, waning by -1.6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in March 2023 an increase of 77% m-o-m. As a result, import price reached the peak level of $25.2 per unit. From April 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 Romania ($47.1 per unit), while the price for Spain ($8.0 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 Romania (+1.6%), 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 the Czech Republic (FOB) - 2023

In December 2023, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $17.5 per unit, waning by -18.5% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average export price increased by 35% against the previous month. Over the period under review, the average export prices hit record highs at $27.9 per unit in June 2023; however, from July 2023 to December 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In December 2023, the country with the highest price was Germany ($49.3 per unit), while the average price for exports to Slovakia ($10.5 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 Bulgaria (+4.6%), 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 the Czech Republic

In 2022, approx. 337K units of track suits; of synthetic fibres, knitted or crocheteds were imported into the Czech Republic; with an increase of 35% compared with the previous year's figure. The total import volume increased at an average annual rate of +9.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at 341K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $5.6M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.9% 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 +94.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 30%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany65.91,0221,3001,373175.2%
Poland14974271486379.6%
China6505395908218.1%
Austria19613023042129.0%
Belgium0.12032892961335.8%
Spain15324727828322.8%
Netherlands1.092.261.1211495.3%
Slovakia13.510297.2132113.8%
Bangladesh30461.010.4116-27.5%
Italy70.128912010815.5%
Turkey97.527.913459.6-15.1%
Vietnam21610.00.31.3-81.8%
Cambodia443N/AN/AN/A0%
Others52529554393621.3%
Total2,8853,7614,3675,62124.9%

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

  1. China (78.0K units)
  2. Germany (67.8K units)
  3. Poland (43.8K units)
  4. Spain (43.0K units)
  5. Austria (21.0K units)
  6. Netherlands (16.7K units)
  7. Slovakia (15.9K units)
  8. Bangladesh (9.0K units)
  9. Belgium (7.6K units)
  10. Turkey (5.8K units)
  11. Italy (3.3K units)
  12. Vietnam (0.1K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Czech Republic

For the fourth consecutive year, the Czech Republic recorded growth in shipments abroad of track suits; of synthetic fibres, knitted or crocheteds, which increased by 51% to 129K units in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $2.7M in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.33486941,208147.9%
Slovakia20623731458041.2%
Romania38874944352210.4%
Hungary47.910196.010429.5%
Croatia0.10.80.176.9816.2%
Bulgaria4.036.355.252.8136.3%
Poland77.650.274.944.7-16.8%
Austria7.38.855.342.379.6%
Others11274.614062.4-17.7%
Total9221,6051,8722,69342.9%

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

  1. Slovakia (42.9K units)
  2. Romania (33.6K units)
  3. Germany (33.3K units)
  4. Hungary (6.2K units)
  5. Croatia (3.9K units)
  6. Bulgaria (2.9K units)
  7. Austria (2.1K units)
  8. Poland (1.9K units)

Source: IndexBox Market Intelligence Platform

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