Price for Track Suits; of Cotton, Knitted or Crocheted in Bangladesh - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (FOB) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh
Price for Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $8.2 per unit, rising by 11% against the previous year. In general, the export price, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 an increase of 15%. The export price peaked at $17 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($11 per unit), while the average price for exports to the United States ($2.6 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 Poland (+0.5%), while the prices for the other major destinations experienced a decline.
Price for Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $7.7 per unit, jumping by 85% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $9.8 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
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 Italy ($22 per unit), while the price for China ($2.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh
For the fourth consecutive year, Bangladesh recorded growth in overseas shipments of track suits; of cotton, knitted or crocheted, which increased by 1.8% to 5.1M units in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of track suits; of cotton, knitted or crocheted amounted to $42M in 2022. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 63% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.3 | 8.3 | 11.7 | 13.9 | 14.3% |
| Germany | 2.3 | 4.3 | 8.9 | 10.4 | 65.4% |
| Spain | 1.3 | 1.5 | 2.8 | 2.9 | 30.7% |
| France | 2.4 | 1.7 | 1.8 | 2.8 | 5.3% |
| United Kingdom | 2.1 | 1.4 | 2.8 | 2.6 | 7.4% |
| United States | 0.8 | 0.7 | 1.9 | 1.4 | 20.5% |
| Poland | 0.2 | 0.4 | 0.8 | 1.0 | 71.0% |
| Portugal | 0.5 | 0.3 | 0.4 | 0.6 | 6.3% |
| Others | 5.4 | 4.1 | 5.9 | 6.3 | 5.3% |
| Total | 24.5 | 22.7 | 36.9 | 41.9 | 19.6% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Bangladesh in 2022:
- Italy (1313.1K units)
- Germany (1258.3K units)
- United States (545.8K units)
- France (471.6K units)
- United Kingdom (301.9K units)
- Spain (292.7K units)
- Poland (154.2K units)
- Portugal (147.8K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh
In 2022, imports of track suits; of cotton, knitted or crocheted into Bangladesh contracted rapidly to 1.6K units, declining by -68.5% against the previous year's figure. In general, imports showed a dramatic decrease. The smallest decline of -16.7% was in 2021. Imports peaked at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted fell markedly to $12K in 2022. Overall, imports saw a precipitous curtailment. The smallest decline of -29.5% was in 2021. Over the period under review, imports of reached the maximum at $64K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 47.2 | 10.3 | 8.8 | 5.6 | -50.9% |
| Italy | 1.1 | 0.5 | 1.0 | 3.2 | 42.8% |
| Germany | 5.1 | 1.4 | 1.5 | 1.2 | -38.3% |
| China | 7.0 | 16.1 | 7.9 | 0.9 | -49.5% |
| United Kingdom | 1.7 | 0.7 | 1.1 | 0.7 | -25.6% |
| India | 0.8 | 0.2 | 0.3 | 0.2 | -37.0% |
| Others | 1.6 | 0.3 | 0.3 | 0.3 | -42.8% |
| Total | 64.4 | 29.6 | 20.8 | 12.1 | -42.7% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Bangladesh in 2022:
- Pakistan (833.0 units)
- China (358.0 units)
- Italy (145.0 units)
- Germany (102.0 units)
- United Kingdom (71.0 units)
- India (37.0 units)
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