Price for Track Suits; of Cotton, Knitted or Crocheted in Canada - 2023

Contents:

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

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

The average import price for track suits; of cotton, knitted or crocheted stood at $9.7 per unit in 2022, increasing by 40% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 an increase of 72%. As a result, import price reached the peak level of $14 per unit. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($12 per unit), while the price for Bangladesh ($3.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $45 per unit, jumping by 78% against the previous year. In general, the export price showed prominent growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($119 per unit), while the average price for exports to the United States ($33 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 China (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, overseas purchases of track suits; of cotton, knitted or crocheted decreased by -20.5% to 167K units in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 166%. Over the period under review, imports of reached the maximum at 210K units in 2021, and then contracted rapidly in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted rose sharply to $1.6M in 2022. Overall, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 101% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Track Suits; of Cotton, Knitted or Crocheted in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia26.2109158505168.1%
Pakistan10913818732844.4%
Turkey20.037.090.8160100.0%
China16386.0457155-1.7%
Indonesia23.66.428.880.050.2%
Bangladesh39.959.417773.522.6%
Vietnam10565366.859.7-17.2%
Others10710728925834.1%
Total5931,1961,4541,62039.8%

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

  1. Cambodia (47.0K units)
  2. Pakistan (42.7K units)
  3. Bangladesh (22.8K units)
  4. Turkey (18.7K units)
  5. China (12.6K units)
  6. Indonesia (8.2K units)
  7. Vietnam (5.0K units)

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

In 2022, exports of track suits; of cotton, knitted or crocheted from Canada skyrocketed to 1.6K units, growing by 121% on 2021 figures. Overall, exports, however, faced a abrupt curtailment. Over the period under review, the exports of reached the peak figure at 2.2K 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 surged to $70K in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Cotton, Knitted or Crocheted in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States24.15.316.722.5-2.3%
United Kingdom5.2N/AN/A16.246.1%
Netherlands0.3N/AN/A14.6265.1%
ChinaN/AN/AN/A12.40%
ItalyN/AN/AN/A3.00%
United Arab Emirates0.50.6N/AN/A20.0%
Others0.7N/A1.11.322.9%
Total30.86.017.869.931.4%

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

  1. United States (672.0 units)
  2. Netherlands (383.0 units)
  3. United Kingdom (297.0 units)
  4. China (174.0 units)
  5. Italy (25.0 units)

Source: IndexBox Market Intelligence Platform

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