Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK (CIF) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK (CIF) - 2024
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $11.0 per unit in December 2023, declining by -14% against the previous month. In general, the import price showed a slight decrease. The most prominent rate of growth was recorded in April 2023 an increase of 66% m-o-m. The import price peaked at $13.7 per unit in February 2023; however, from March 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($16.2 per unit), while the price for Myanmar ($3.5 per unit) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+2.8%), 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 UK (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $20 per unit, reducing by -18.2% against the previous year. In general, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 an increase of 47%. The export price peaked at $25 per unit in 2021, and then reduced dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Algeria ($39 per unit), while the average price for exports to Austria ($15 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 the Netherlands (+14.3%), 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 the UK
In 2022, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -12% to 5.2M units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 27%. As a result, imports reached the peak of 5.9M units, and then contracted in the following year.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds reduced dramatically to $65M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. Imports peaked at $78M in 2021, and then fell dramatically in the following year.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 6.2 | 14.4 | 17.4 | 35.5% |
| Cambodia | 7.7 | 4.7 | 8.1 | 12.5 | 17.5% |
| Indonesia | 0.9 | 0.5 | 2.3 | 9.2 | 117.0% |
| Vietnam | 4.4 | 5.1 | 7.0 | 6.3 | 12.7% |
| Turkey | 3.9 | 7.6 | 10.2 | 4.8 | 7.2% |
| Thailand | 3.1 | 1.9 | 5.4 | 4.5 | 13.2% |
| Pakistan | 2.0 | 6.7 | 5.2 | 3.3 | 18.2% |
| Bangladesh | 2.3 | 2.5 | 1.7 | 1.7 | -9.6% |
| Italy | 6.4 | 6.9 | 7.4 | 1.2 | -42.8% |
| France | 1.9 | 3.0 | 6.0 | 0.7 | -28.3% |
| Germany | 3.1 | 3.8 | 3.0 | 0.5 | -45.6% |
| Netherlands | 4.9 | 7.7 | 2.2 | 0.1 | -72.7% |
| Belgium | 5.0 | 8.7 | 1.8 | 0.1 | -72.9% |
| Others | 4.4 | 3.4 | 3.1 | 2.8 | -14.0% |
| Total | 57.0 | 68.8 | 77.7 | 65.1 | 4.5% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to the UK in 2022:
- China (1706.2K units)
- Cambodia (883.2K units)
- Indonesia (646.9K units)
- Vietnam (476.8K units)
- Turkey (385.3K units)
- Pakistan (360.1K units)
- Thailand (282.1K units)
- Bangladesh (161.0K units)
- Germany (27.7K units)
- France (25.9K units)
- Italy (22.7K units)
- Belgium (3.5K units)
- Netherlands (2.2K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK
In 2022, overseas shipments of track suits; of synthetic fibres, knitted or crocheteds were finally on the rise to reach 289K units after two years of decline. Over the period under review, exports, however, continue to indicate a sharp descent. Over the period under review, the exports of attained the maximum at 634K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $5.9M in 2022. In general, exports, however, continue to indicate a deep downturn. The exports peaked at $11M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 904 | 602 | 856 | 2,525 | 40.8% |
| Ireland | 1,940 | 2,866 | 463 | 769 | -26.5% |
| Algeria | N/A | N/A | 1,045 | 459 | -56.1% |
| Germany | 1,081 | 1,835 | 694 | 408 | -27.7% |
| France | 982 | 1,216 | 96.7 | 391 | -26.4% |
| Netherlands | 734 | 517 | 150 | 388 | -19.1% |
| Austria | 266 | 203 | 73.4 | 259 | -0.9% |
| Italy | 359 | 704 | 62.6 | 165 | -22.8% |
| United States | 173 | 166 | 284 | 64.8 | -27.9% |
| Spain | 555 | 467 | 15.0 | 8.0 | -75.7% |
| Others | 1,913 | 1,951 | 979 | 483 | -36.8% |
| Total | 8,909 | 10,526 | 4,720 | 5,919 | -12.7% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from the UK in 2022:
- Belgium (146.4K units)
- Ireland (27.4K units)
- Germany (27.1K units)
- Austria (17.5K units)
- France (16.3K units)
- Algeria (11.7K units)
- Netherlands (10.1K units)
- Italy (7.1K units)
- United States (1.6K units)
- Spain (0.4K units)
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