Price for Track Suits; of Cotton, Knitted or Crocheted in China - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in China (FOB) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in China (CIF) - 2023
- Exports of Track Suits; of Cotton, Knitted or Crocheted in China
- Imports of Track Suits; of Cotton, Knitted or Crocheted in China
Price for Track Suits; of Cotton, Knitted or Crocheted in China (FOB) - 2023
The average export price for track suits; of cotton, knitted or crocheted stood at $7.0 per unit in December 2023, rising by 22% against the previous month. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in February 2023 when the average export price increased by 43% against the previous month. As a result, the export price reached the peak level of $9.0 per unit. From March 2023 to December 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Algeria ($31.7 per unit), while the average price for exports to Thailand ($2.0 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in China (CIF) - 2023
In December 2023, the average import price for track suits; of cotton, knitted or crocheted amounted to $18.3 per unit, reducing by -5.3% against the previous month. Over the period under review, the import price recorded a noticeable downturn. The growth pace was the most rapid in July 2023 an increase of 99% m-o-m. The import price peaked at $41.4 per unit in April 2023; however, from May 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($45.4 per unit), while the price for Bangladesh ($8.7 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.1%), while the prices for the other major suppliers experienced a decline.
Exports of Track Suits; of Cotton, Knitted or Crocheted in China
In 2022, shipments abroad of track suits; of cotton, knitted or crocheted decreased by -23.8% to 5.6M units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a mild contraction. The growth pace was the most rapid in 2020 when exports increased by 28%. As a result, the exports attained the peak of 7.5M units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of track suits; of cotton, knitted or crocheted declined sharply to $50M in 2022. The total export value increased at an average annual rate of +3.8% 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 2020 when exports increased by 32%. The exports peaked at $65M in 2021, and then reduced sharply in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 6.7 | 14.3 | 24.7 | 7.7 | 4.7% |
| United Kingdom | 1.4 | 2.8 | 2.8 | 5.4 | 56.8% |
| South Korea | 2.6 | 3.3 | 4.6 | 3.2 | 7.2% |
| Germany | 1.9 | 0.7 | 1.0 | 3.0 | 16.4% |
| Japan | 7.7 | 10.3 | 3.5 | 2.8 | -28.6% |
| Greece | 1.3 | 0.4 | 2.2 | 2.5 | 24.4% |
| Chile | 0.8 | 0.4 | 1.2 | 2.5 | 46.2% |
| Philippines | 4.0 | 1.7 | 1.0 | 1.6 | -26.3% |
| Vietnam | 0.1 | 0.6 | 0.7 | 1.6 | 152.0% |
| Spain | 1.8 | 1.2 | 2.3 | 1.6 | -3.9% |
| Russia | 1.7 | 0.8 | 1.5 | 1.1 | -13.5% |
| Mexico | N/A | 0.4 | 0.7 | 0.9 | 50.0% |
| Togo | N/A | 0.3 | 0.3 | 0.4 | 15.5% |
| Others | 14.5 | 21.3 | 18.2 | 15.4 | 2.0% |
| Total | 44.5 | 58.7 | 64.6 | 49.7 | 3.8% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from China in 2022:
- United States (778.4K units)
- Chile (467.7K units)
- Philippines (438.8K units)
- Greece (351.4K units)
- United Kingdom (330.1K units)
- South Korea (282.2K units)
- Japan (250.3K units)
- Germany (241.6K units)
- Spain (207.4K units)
- Togo (163.6K units)
- Vietnam (148.5K units)
- Mexico (136.8K units)
- Russia (127.4K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in China
In 2022, supplies from abroad of track suits; of cotton, knitted or crocheted decreased by -43.3% to 59K units, falling for the second consecutive year after two years of growth. In general, imports recorded a noticeable downturn. The most prominent rate of growth was recorded in 2020 with an increase of 126%. As a result, imports attained the peak of 154K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted declined sharply to $1.5M in 2022. Over the period under review, imports, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 156%. As a result, imports attained the peak of $3.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Track Suits; of Cotton, Knitted or Crocheted in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 528 | 1,563 | 1,153 | 658 | 7.6% |
| Vietnam | 23.9 | 397 | 45.6 | 244 | 116.9% |
| Thailand | 65.3 | 157 | 215 | 161 | 35.1% |
| Indonesia | 176 | 565 | 21.6 | 124 | -11.0% |
| United Kingdom | 1.6 | 2.5 | 4.2 | 43.6 | 200.9% |
| Bangladesh | 109 | 21.6 | 22.9 | 35.1 | -31.5% |
| Pakistan | 44.6 | 312 | 147 | 3.1 | -58.9% |
| Others | 316 | 214 | 526 | 225 | -10.7% |
| Total | 1,264 | 3,231 | 2,135 | 1,494 | 5.7% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to China in 2022:
- Cambodia (20.7K units)
- Vietnam (13.2K units)
- Indonesia (8.0K units)
- Thailand (5.6K units)
- Bangladesh (5.3K units)
- United Kingdom (1.5K units)
- Pakistan (0.4K units)
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