Price for Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia
Price for Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia (FOB) - 2022
In 2021, the average export price for track suits; of cotton, knitted or crocheted amounted to $14 per unit, dropping by -51.3% against the previous year. Overall, the export price, however, posted a pronounced expansion. The growth pace was the most rapid in 2020 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $30 per unit, and then fell rapidly in the following year.
Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($15 per unit), while the average price for exports to Qatar ($15 per unit) was amongst the lowest.
From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+233.3%).
Exports of Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia
Exports of track suits; of cotton, knitted or crocheted from Saudi Arabia skyrocketed to 6.8K units in 2022, jumping by 16% on 2021 figures. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $101K in 2022. The total export value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 26% against the previous year. As a result, the exports reached the peak of $107K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Saudi Arabia (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 |
| Bahrain | 53.3 | 31.5 | -40.9% |
| Qatar | N/A | 10.3 | 0% |
| Others | 53.3 | 42.4 | -20.5% |
| Total | 107 | 84.3 | -21.2% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Saudi Arabia in 2022:
- Bahrain (2.2K units)
- Qatar (0.7K units)
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