Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey (FOB) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey (CIF) - 2024
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey (FOB) - 2024
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $6.5 per unit in January 2024, reducing by -8.8% against the previous month. Over the period under review, export price indicated measured growth from January 2023 to January 2024: its price increased at an average monthly rate of +2.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, export price for track suits; of synthetic fibres, knitted or crocheteds decreased by -13.7% against November 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 47% m-o-m. Over the period under review, the average export prices attained the peak figure at $9.2 per unit in June 2023; however, from July 2023 to January 2024, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In January 2024, the country with the highest price was the Netherlands ($10.9 per unit), while the average price for exports to Bosnia and Herzegovina ($1.8 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+6.9%), 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 Turkey (CIF) - 2024
In January 2024, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $20.2 per unit, rising by 42% against the previous month. In general, the import price, however, continues to indicate a slight decrease. Over the period under review, average import prices reached the peak figure at $23.8 per unit in January 2023; however, from February 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Thailand ($76.2 per unit), while the price for Georgia ($16.7 per unit) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Thailand (+7.4%), 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 Turkey
After three years of growth, overseas shipments of track suits; of synthetic fibres, knitted or crocheteds decreased by -14.6% to 7.5M units in 2022. The total export volume increased at an average annual rate of +3.4% 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 2021 with an increase of 27%. As a result, the exports reached the peak of 8.8M units, and then dropped in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped to $47M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +39.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 39%. As a result, the exports reached the peak of $53M, and then dropped in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 4.6 | 14.9 | 21.1 | 20.3 | 64.0% |
| Germany | 9.7 | 6.2 | 7.8 | 5.2 | -18.8% |
| Netherlands | 0.3 | 1.4 | 2.2 | 2.9 | 113.0% |
| Italy | 1.4 | 1.1 | 2.5 | 2.5 | 21.3% |
| Ukraine | 0.3 | 0.3 | 1.0 | 1.4 | 67.1% |
| France | 1.2 | 1.1 | 1.2 | 1.3 | 2.7% |
| Bosnia and Herzegovina | 2.1 | 1.5 | 1.6 | 1.1 | -19.4% |
| Russia | 0.8 | 0.5 | 0.7 | 1.1 | 11.2% |
| Albania | 2.3 | 3.2 | 3.4 | 0.8 | -29.7% |
| Algeria | 0.6 | 0.1 | N/A | 0.7 | 5.3% |
| Kazakhstan | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| Romania | 0.2 | 0.1 | 0.3 | 0.5 | 35.7% |
| Serbia | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Others | 9.0 | 7.0 | 10.1 | 7.9 | -4.3% |
| Total | 33.4 | 37.9 | 52.7 | 46.7 | 11.8% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Turkey in 2022:
- United Kingdom (2136.7K units)
- Bosnia and Herzegovina (910.9K units)
- Germany (656.7K units)
- Algeria (516.2K units)
- Ukraine (346.8K units)
- Albania (311.9K units)
- Netherlands (278.1K units)
- Serbia (247.7K units)
- Italy (192.7K units)
- Russia (157.4K units)
- France (136.1K units)
- Kazakhstan (133.1K units)
- Romania (128.0K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey
In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Turkey skyrocketed to 330K units, picking up by 90% against the previous year's figure. Over the period under review, imports continue to indicate a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $4.7M in 2022. In general, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 730 | 337 | 424 | 972 | 10.0% |
| China | 246 | 98.3 | 216 | 931 | 55.8% |
| Vietnam | 591 | 358 | 480 | 807 | 10.9% |
| Bangladesh | 366 | 339 | 42.2 | 500 | 11.0% |
| Thailand | 187 | 69.0 | 178 | 420 | 31.0% |
| Georgia | N/A | 10.8 | 364 | 314 | 439.2% |
| Indonesia | 512 | 91.0 | 163 | 246 | -21.7% |
| Egypt | 449 | 350 | N/A | 0.1 | -93.9% |
| Others | 500 | 242 | 442 | 549 | 3.2% |
| Total | 3,580 | 1,896 | 2,310 | 4,740 | 9.8% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Turkey in 2022:
- Vietnam (73.7K units)
- Cambodia (59.7K units)
- China (58.0K units)
- Bangladesh (37.4K units)
- Georgia (27.5K units)
- Thailand (23.1K units)
- Indonesia (19.0K units)
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