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

Contents:

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

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

In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $8.8 per unit, picking up by 58% against the previous year. In general, the export price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2016 an increase of 77% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Armenia.

From 2012 to 2022, the rate of growth in terms of prices for Armenia amounted to +58.1% per year.

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

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $8.6 per unit, jumping by 38% against the previous year. Overall, the import price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 43%. As a result, import price attained the peak level of $15 per unit. From 2016 to 2022, the average 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 ($33 per unit), while the price for China ($1.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.0%), while the prices for the other major suppliers experienced a decline.

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

For the third year in a row, Iran recorded growth in shipments abroad of track suits; of cotton, knitted or crocheted, which increased by 54% to 5.4K units in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted surged to $48K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 143%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Track Suits; of Cotton, Knitted or Crocheted in Iran (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Armenia8.1N/A47.6142.4%
SpainN/A19.6N/A0%
OthersN/AN/AN/A0%
Total8.119.647.6142.4%

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

  1. Armenia (5.4K units)

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

In 2022, approx. 1.2K units of track suits; of cotton, knitted or crocheted were imported into Iran; shrinking by -6.8% against the previous year's figure. Overall, imports continue to indicate a precipitous decrease. Over the period under review, imports of reached the maximum at 56K 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 skyrocketed to $10K in 2022. In general, imports showed a sharp decrease. Over the period under review, imports of hit record highs at $393K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Track Suits; of Cotton, Knitted or Crocheted in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India10825.53.34.3-65.9%
Italy84.619.92.63.4-65.7%
United Arab Emirates17111.21.41.8-78.1%
China17.05.80.50.4-71.3%
Turkey6.20.50.10.3-63.6%
Others6.71.30.20.2-69.0%
Total39364.28.110.3-70.3%

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

  1. India (594.0 units)
  2. China (235.0 units)
  3. United Arab Emirates (146.0 units)
  4. Turkey (112.0 units)
  5. Italy (102.0 units)

Source: IndexBox Market Intelligence Platform

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