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

Contents:

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

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

In March 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $25.7 per unit, increasing by 5.6% against the previous month. Over the period from February 2022 to March 2022, it increased at an average monthly rate of +5.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In March 2022, the highest price was recorded for prices to Mexico ($24.3 per unit) and the United States ($24.3 per unit), while the average price for exports to Australia ($24.3 per unit) and Canada ($24.3 per unit) were amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, rising by 29% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($18 per unit) and Italy ($18 per unit), while the price for Jordan ($18 per unit) and China ($18 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of track suits; of cotton, knitted or crocheted exported from Indonesia skyrocketed to 233K units, increasing by 46% on the previous year's figure. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 52%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of track suits; of cotton, knitted or crocheted fell to $3.7M in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. As a result, the exports reached the peak of $3.9M, and then reduced in the following year.

Export of Track Suits; of Cotton, Knitted or Crocheted in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1635611,3141,08988.3%
South Korea18811366693770.8%
United Kingdom32547165474131.6%
Italy235135249167-10.8%
United States28.855.78.612362.2%
Spain1.35.137.2117348.1%
Japan2.160.337.988.0247.3%
Australia13942.517462.1-23.6%
United Arab Emirates33.089.416936.43.3%
China10929546.720.2-43.0%
Others14417252127524.1%
Total1,3692,0013,8783,65638.7%

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

  1. Germany (69.5K units)
  2. South Korea (59.7K units)
  3. United Kingdom (47.3K units)
  4. Italy (10.7K units)
  5. United States (7.8K units)
  6. Spain (7.5K units)
  7. Japan (5.6K units)
  8. Australia (4.0K units)
  9. United Arab Emirates (2.3K units)
  10. China (1.3K units)

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

In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Indonesia declined remarkably to 2.6K units, which is down by -48.9% on 2021. Over the period under review, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 84% against the previous year. Over the period under review, imports of reached the maximum at 5.4K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted plummeted to $46K in 2022. In general, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 75%. Over the period under review, imports of reached the peak figure at $72K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Track Suits; of Cotton, Knitted or Crocheted in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China14.410.043.123.617.9%
Thailand6.82.4N/A6.90.5%
JordanN/AN/A1.05.7470.0%
Pakistan6.4N/A4.03.4-19.0%
Italy16.618.29.43.2-42.2%
United Kingdom0.10.20.31.8162.1%
South Korea9.5N/AN/AN/A0%
Cambodia15.15.90.4N/A-83.7%
Others3.03.011.31.4-22.4%
Total71.939.769.645.9-13.9%

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

  1. China (1329.0 units)
  2. Thailand (389.0 units)
  3. Jordan (322.0 units)
  4. Pakistan (190.0 units)
  5. Italy (178.0 units)
  6. United Kingdom (99.0 units)

Source: IndexBox Market Intelligence Platform

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