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

Contents:

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

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

In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $22.2 per unit, rising by 5.2% against the previous month. In general, import price indicated mild growth from December 2022 to December 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for track suits; of synthetic fibres, knitted or crocheteds increased by +77.8% against March 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 27% month-to-month. Over the period under review, average import prices attained the peak figure in December 2023.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Thailand ($71.8 per unit), while the price for Bangladesh ($10.3 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 Thailand (+12.8%), 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 Netherlands (FOB) - 2023

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $24.3 per unit in December 2023, jumping by 28% against the previous month. In general, export price indicated a pronounced increase from December 2022 to December 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, export price for track suits; of synthetic fibres, knitted or crocheteds increased by +36.0% against August 2023 indices. The growth pace was the most rapid in May 2023 an increase of 92% against the previous month. Over the period under review, the average export prices hit record highs at $30.7 per unit in July 2023; however, from August 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($86.9 per unit), while the average price for exports to Turkey ($27.5 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 the United States (+6.6%), 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 Netherlands

Imports of track suits; of synthetic fibres, knitted or crocheteds into the Netherlands rose sharply to 2.3M units in 2022, growing by 11% compared with 2021 figures. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.9% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds stood at $35M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.85.56.45.75.9%
China3.65.55.25.515.2%
Cambodia1.50.92.34.645.3%
Belgium4.34.44.64.0-2.4%
Bangladesh0.33.21.63.5126.8%
IndonesiaN/AN/A0.41.9375.0%
Thailand0.21.13.41.8108.0%
Turkey0.40.72.51.658.7%
Pakistan0.60.10.51.432.6%
PhilippinesN/A0.10.40.8182.8%
Others3.13.13.74.08.9%
Total18.824.831.134.722.7%

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

  1. Bangladesh (430.0K units)
  2. China (404.5K units)
  3. Cambodia (347.7K units)
  4. Germany (203.0K units)
  5. Philippines (141.0K units)
  6. Indonesia (137.6K units)
  7. Pakistan (132.2K units)
  8. Thailand (130.4K units)
  9. Turkey (103.5K units)
  10. Belgium (93.0K units)

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

In 2022, approx. 1.1M units of track suits; of synthetic fibres, knitted or crocheteds were exported from the Netherlands; increasing by 14% compared with the previous year's figure. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 67% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $19M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 107%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.82.75.97.258.7%
France1.41.42.32.724.5%
Poland0.10.40.91.6152.0%
Belgium0.60.81.81.329.4%
Italy0.10.10.60.9108.0%
Romania0.10.20.70.8100.0%
AustriaN/A0.10.40.7164.6%
HungaryN/AN/A0.20.7250.0%
Czech RepublicN/A0.10.20.6144.9%
SlovakiaN/AN/A0.10.6500.0%
United Kingdom1.36.10.90.4-32.5%
Others0.90.92.02.132.6%
Total6.212.816.019.446.3%

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

  1. Germany (442.8K units)
  2. France (213.9K units)
  3. Belgium (90.6K units)
  4. Poland (75.6K units)
  5. Slovakia (36.3K units)
  6. Romania (33.9K units)
  7. Italy (32.9K units)
  8. Austria (31.8K units)
  9. Hungary (26.3K units)
  10. Czech Republic (25.2K units)
  11. United Kingdom (15.8K units)

Source: IndexBox Market Intelligence Platform

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