Colombia - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Colombia - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights

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Sportswear Price in Colombia - 2022

Contents:

  1. Sportswear Price in Colombia (FOB) - 2022
  2. Sportswear Price in Colombia (CIF) - 2022
  3. Sportswear Exports in Colombia
  4. Sportswear Imports in Colombia

Sportswear Price in Colombia (FOB) - 2022

The average sportswear export price stood at $14.8 per unit in February 2022, shrinking by -78.2% against the previous month. Over the period under review, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in August 2021 when the average export price increased by 54% against the previous month. The export price peaked at $92.1 per unit in May 2021; however, from June 2021 to February 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Panama ($24.7 per unit), while the average price for exports to Ecuador ($6.9 per unit) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-7.6%), while the prices for the other major destinations experienced a decline.

Sportswear Price in Colombia (CIF) - 2022

In February 2022, the average sportswear import price amounted to $9.0 per unit, with a decrease of -63.4% against the previous month. Over the period under review, the import price saw a abrupt setback. The pace of growth was the most pronounced in August 2021 an increase of 85% month-to-month. As a result, import price attained the peak level of $38.0 per unit. From September 2021 to February 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2022, the country with the highest price was Cambodia ($16.9 per unit), while the price for Sri Lanka ($4.6 per unit) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Sportswear Exports in Colombia

Sportswear exports from Colombia fell to 1.2M units in 2022, shrinking by -14.6% compared with 2021. In general, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. The exports peaked at 1.5M units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, sportswear exports dropped notably to $16M in 2022. Over the period under review, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 58%. Over the period under review, the exports hit record highs at $20M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Sportswear in Colombia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States9.26.610.36.8-9.6%
Mexico2.11.21.92.56.0%
Chile1.20.81.11.20.0%
Panama0.90.30.50.6-12.6%
Costa Rica0.80.50.90.6-9.1%
Peru1.00.40.60.4-26.3%
Ecuador1.00.30.70.4-26.3%
Spain0.30.30.20.30.0%
Belgium0.1N/AN/A0.226.0%
Others3.51.73.33.0-5.0%
Total20.112.319.515.9-7.5%

Top Export Markets for Sportswear from Colombia in 2022:

  1. United States (570.5K units)
  2. Mexico (104.7K units)
  3. Panama (92.0K units)
  4. Chile (70.0K units)
  5. Costa Rica (58.8K units)
  6. Ecuador (44.1K units)
  7. Peru (43.5K units)
  8. Spain (25.2K units)
  9. Belgium (19.2K units)

Sportswear Imports in Colombia

In 2022, the amount of track suits, ski suits and swimwear imported into Colombia contracted rapidly to 1.2M units, reducing by -27.4% compared with the year before. In general, imports, however, enjoyed a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 186% against the previous year. As a result, imports reached the peak of 1.6M units, and then shrank rapidly in the following year.

In value terms, sportswear imports fell remarkably to $5M in 2022. Over the period under review, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 123%. As a result, imports reached the peak of $7M, and then dropped rapidly in the following year.

Import of Sportswear in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1721,1082,2482,4183.6%
Cambodia661172650327-20.9%
Vietnam411278577286-11.4%
Panama443185338221-20.7%
Hong Kong SAR40582.1254210-19.7%
Bangladesh426213246209-21.1%
Indonesia29874.2420208-11.3%
Sri Lanka21938.4207112-20.0%
Others1,1719612,0121,043-3.8%
Total6,2053,1126,9515,032-6.7%

Top Suppliers of Sportswear to Colombia in 2022:

  1. China (890.1K units)
  2. Hong Kong SAR (51.0K units)
  3. Vietnam (47.4K units)
  4. Sri Lanka (33.1K units)
  5. Bangladesh (29.9K units)
  6. Panama (27.6K units)
  7. Cambodia (25.7K units)
  8. Indonesia (24.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sportswear market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14191210 - Track-suits, of knitted or crocheted textiles
  • Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
  • Prodcom 14191240 - Men
  • Prodcom 14191250 - Women

Country coverage:

  • Colombia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Colombia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, track suits, swimwear and other garments imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indi...

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In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...

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Global sportswear imports amounted to X tons in 2016, remaining constant against the previous year figure. In general, sportswear imports continue to indicate a mild slump. The most prominent rat...

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Free Data: Track Suits, Ski Suits And Swimwear - Colombia