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

Contents:

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

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $20 per unit, falling by -16.4% against the previous year. In general, the export price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 75% against the previous year. As a result, the export price attained the peak level of $24 per unit, and then dropped significantly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($20 per unit), while the average price for exports to the United Arab Emirates ($20 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 Canada (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $16 per unit, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.7% per year.

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

In 2022, the amount of track suits; of cotton, knitted or crocheted exported from Egypt skyrocketed to 146K units, picking up by 124% against the previous year's figure. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $3M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 233%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Track Suits; of Cotton, Knitted or Crocheted in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2724711,5392,685114.5%
CanadaN/AN/A44.1214385.3%
United Arab Emirates5.92.84.967.8125.7%
OthersN/A2.4N/A5.855.5%
Total2784771,5882,972120.3%

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

  1. United States (132.0K units)
  2. Canada (10.5K units)
  3. United Arab Emirates (3.3K units)

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

In 2022, approx. 215 units of track suits; of cotton, knitted or crocheted were imported into Egypt; declining by -86.2% compared with the previous year. Overall, imports recorded a dramatic downturn. The smallest decline of -0.4% was in 2020. Over the period under review, imports of attained the peak figure at 3.6K 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 shrank remarkably to $3.4K in 2022. Over the period under review, imports showed a precipitous curtailment. The smallest decline of -5.6% was in 2020. Imports peaked at $55K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Track Suits; of Cotton, Knitted or Crocheted in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.8N/AN/A3.4-32.0%
Sri Lanka6.9N/AN/AN/A0%
Cambodia12.2N/AN/AN/A0%
United Arab Emirates22.735.818.9N/A-8.8%
Saudi ArabiaN/AN/A2.5N/A0%
TurkeyN/A8.2N/AN/A0%
Others1.97.5N/AN/A294.7%
Total54.651.521.43.4-60.4%

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

  1. China (214.0 units)

Source: IndexBox Market Intelligence Platform

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