Price for Track Suits; of Cotton, Knitted or Crocheted in Singapore - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Singapore (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Singapore (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Singapore
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Singapore
Price for Track Suits; of Cotton, Knitted or Crocheted in Singapore (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $43 per unit, surging by 142% against the previous year. In general, the import price showed a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($401 per unit), while the price for India ($4.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Singapore (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $65 per unit, rising by 69% against the previous year. Over the period under review, the export price saw strong growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 101%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($463 per unit), while the average price for exports to the UK ($4.9 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 Qatar (+86.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Singapore
In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Singapore contracted rapidly to 20K units, falling by -61.5% compared with the year before. In general, imports showed a sharp curtailment. The growth pace was the most rapid in 2021 when imports increased by 99.9%. As a result, imports attained the peak of 53K units, and then dropped notably in the following year.
In value terms, imports of track suits; of cotton, knitted or crocheted fell to $873K in 2022. Overall, total imports indicated a measured expansion from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of $938K, and then shrank in the following year.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 308 | 176 | 421 | 459 | 14.2% |
| United States | 101 | 101 | 121 | 110 | 2.9% |
| Turkey | 9.4 | 4.0 | 9.4 | 65.0 | 90.5% |
| Malaysia | 50.5 | 2.9 | 12.8 | 37.1 | -9.8% |
| China | 12.7 | 24.3 | 67.1 | 22.6 | 21.2% |
| India | 1.6 | 2.1 | 11.1 | 13.2 | 102.1% |
| Indonesia | 4.3 | 0.2 | 5.0 | 12.3 | 42.0% |
| Bangladesh | 45.4 | 8.0 | 0.2 | 12.1 | -35.6% |
| Vietnam | 82.7 | 58.3 | 26.1 | 9.7 | -51.0% |
| Cambodia | 108 | 21.3 | 132 | 6.8 | -60.2% |
| Philippines | N/A | 34.1 | N/A | N/A | 0% |
| Others | 62.0 | 60.9 | 133 | 124 | 26.0% |
| Total | 786 | 493 | 938 | 873 | 3.6% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Singapore in 2022:
- Malaysia (4.2K units)
- China (3.5K units)
- India (3.2K units)
- Bangladesh (1.9K units)
- Turkey (1.4K units)
- Cambodia (1.3K units)
- Italy (1.1K units)
- Indonesia (1.1K units)
- Vietnam (0.5K units)
- United States (0.4K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Singapore
After two years of decline, shipments abroad of track suits; of cotton, knitted or crocheted increased by 228% to 8.1K units in 2022. In general, exports, however, continue to indicate a dramatic downturn. The exports peaked at 18K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of track suits; of cotton, knitted or crocheted skyrocketed to $530K in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 78.5 | 28.5 | 0.9 | 146 | 23.0% |
| Thailand | 10.1 | 2.3 | 3.0 | 74.1 | 94.3% |
| Qatar | N/A | N/A | 1.6 | 65.4 | 3987.5% |
| Malaysia | 15.8 | 1.2 | 3.0 | 55.4 | 51.9% |
| Australia | 35.3 | 13.4 | 40.3 | 42.9 | 6.7% |
| Taiwan (Chinese) | 1.5 | N/A | 3.1 | 25.4 | 156.8% |
| Indonesia | 1.3 | 17.5 | 6.1 | 16.2 | 131.8% |
| Hong Kong SAR | 2.1 | 1.4 | 0.5 | 10.2 | 69.4% |
| South Korea | 115 | 137 | 14.7 | 6.6 | -61.4% |
| Brazil | N/A | N/A | N/A | 4.1 | 0% |
| United Arab Emirates | 19.3 | N/A | N/A | 2.2 | -51.5% |
| United Kingdom | 2.2 | 10.5 | N/A | 1.1 | -20.6% |
| Germany | 87.6 | N/A | N/A | N/A | 0% |
| Others | 53.5 | 5.3 | 22.5 | 80.3 | 14.5% |
| Total | 422 | 218 | 95.7 | 530 | 7.9% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Singapore in 2022:
- Malaysia (1981.0 units)
- Japan (1280.0 units)
- Australia (1174.0 units)
- Taiwan (Chinese) (807.0 units)
- Qatar (573.0 units)
- Indonesia (555.0 units)
- Hong Kong SAR (357.0 units)
- Brazil (247.0 units)
- United Kingdom (215.0 units)
- Thailand (160.0 units)
- South Korea (153.0 units)
- United Arab Emirates (147.0 units)
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