Price for Track Suits; of Cotton, Knitted or Crocheted in Algeria - 2022

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Algeria (CIF) - 2022
  2. Price for Track Suits; of Cotton, Knitted or Crocheted in Algeria (FOB) - 2022
  3. Imports of Track Suits; of Cotton, Knitted or Crocheted in Algeria
  4. Exports of Track Suits; of Cotton, Knitted or Crocheted in Algeria

Price for Track Suits; of Cotton, Knitted or Crocheted in Algeria (CIF) - 2022

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $9.3 per unit, falling by -24% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 96%. The import price peaked at $15 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($46 per unit), while the price for Turkey ($5.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Cotton, Knitted or Crocheted in Algeria (FOB) - 2022

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $8.9 per unit, growing by 171% against the previous year. In general, the export price, however, continues to indicate a abrupt decrease. Over the period under review, the average export prices reached the peak figure at $21 per unit in 2012; however, from 2013 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 Turkey ($13 per unit), while the average price for exports to France totaled $8.4 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+4.9%).

Imports of Track Suits; of Cotton, Knitted or Crocheted in Algeria

In 2022, after three years of growth, there was significant decline in purchases abroad of track suits; of cotton, knitted or crocheted, when their volume decreased by -29% to 423K units. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports reached the peak of 596K units, and then fell dramatically in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted declined markedly to $3.9M in 2022. Overall, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $7.3M, and then contracted remarkably in the following year.

Import of Track Suits; of Cotton, Knitted or Crocheted in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey3.53.84.62.2-14.3%
Pakistan0.10.10.20.10.0%
Others1.10.92.41.715.6%
Total4.74.97.33.9-6.0%

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Algeria in 2022:

  1. Turkey (398.6K units)
  2. Pakistan (6.8K units)

Exports of Track Suits; of Cotton, Knitted or Crocheted in Algeria

For the third year in a row, Algeria recorded decline in overseas shipments of track suits; of cotton, knitted or crocheted, which decreased by -94.7% to 20 units in 2022. Overall, exports continue to indicate a precipitous decrease. The smallest decline of -5.6% was in 2020. Over the period under review, the exports of attained the peak figure at 446 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of track suits; of cotton, knitted or crocheted contracted sharply to $178 in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -24.3% was in 2020. The exports peaked at $2.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Track Suits; of Cotton, Knitted or Crocheted in Algeria (USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,8362,147133152-62.3%
TurkeyN/AN/A71926.0-96.4%
MoroccoN/AN/A102N/A0%
OthersN/AN/A275N/A0%
Total2,8362,1471,229178-60.3%

Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Algeria in 2022:

  1. France (18.0 units)
  2. Turkey (2.0 units)

Source: IndexBox Market Intelligence Platform

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