Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (CIF) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (CIF) - 2024
In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $5.8 per unit, jumping by 183% against the previous month. Overall, the import price posted a notable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($9.2 per unit), while the price for Bangladesh ($1.8 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $5.7 per unit, rising by 62% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 114% against the previous year. Over the period under review, the average export prices hit record highs at $7.2 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($47 per unit), while the average price for exports to Jamaica ($1.8 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 Bahamas (+24.0%), 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 United States
Imports of track suits; of synthetic fibres, knitted or crocheteds into the United States expanded rapidly to 9.5M units in 2022, growing by 8.3% compared with the previous year's figure. Over the period under review, imports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports of reached the peak figure at 11M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $32M in 2022. In general, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.0% 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 +86.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 5.4 | 9.7 | 11.5 | 3.7% |
| Egypt | 5.6 | 5.8 | 5.1 | 8.0 | 12.6% |
| Vietnam | 4.0 | 1.1 | 3.1 | 4.6 | 4.8% |
| Bangladesh | 2.5 | 1.1 | 1.4 | 2.2 | -4.2% |
| Cambodia | 3.5 | 0.4 | 1.2 | 1.3 | -28.1% |
| Others | 3.2 | 3.3 | 4.6 | 4.2 | 9.5% |
| Total | 29.1 | 17.1 | 25.1 | 31.8 | 3.0% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to the United States in 2022:
- China (3.9M units)
- Egypt (2.5M units)
- Vietnam (1.6M units)
- Bangladesh (0.8M units)
- Cambodia (0.2M units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States
In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -33.3% to 144K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 29%. As a result, the exports attained the peak of 393K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds stood at $820K in 2022. Overall, exports saw a precipitous decrease. Over the period under review, the exports of hit record highs at $2.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 882 | 835 | 318 | 337 | -27.4% |
| Canada | 61.4 | 77.5 | 184 | 264 | 62.6% |
| Netherlands | N/A | N/A | N/A | 36.6 | 0% |
| United Kingdom | 54.7 | N/A | 27.3 | 34.5 | -14.2% |
| Bahamas | 47.9 | 50.7 | N/A | 12.8 | -35.6% |
| China | N/A | 125 | 30.0 | 11.7 | -69.4% |
| Norway | 3.0 | N/A | 11.3 | 10.0 | 49.4% |
| Jamaica | N/A | N/A | N/A | 8.2 | 0% |
| Hong Kong SAR | N/A | 143 | 10.6 | 5.9 | -79.7% |
| South Korea | 952 | N/A | 24.4 | N/A | -84.0% |
| Thailand | 3.4 | 47.7 | N/A | N/A | 1302.9% |
| Uganda | 5.1 | N/A | 41.9 | N/A | 186.6% |
| South Africa | N/A | N/A | 7.6 | N/A | 0% |
| Others | 186 | 161 | 105 | 100 | -18.7% |
| Total | 2,195 | 1,440 | 760 | 820 | -28.0% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from the United States in 2022:
- Mexico (90.3K units)
- Canada (23.6K units)
- Norway (5.4K units)
- Jamaica (4.7K units)
- Netherlands (4.5K units)
- United Kingdom (3.6K units)
- Hong Kong SAR (3.4K units)
- China (1.6K units)
- Bahamas (0.3K units)
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