Price for Track Suits; of Cotton, Knitted or Crocheted in Switzerland - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Switzerland (CIF) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in Switzerland (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Switzerland
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Switzerland
Price for Track Suits; of Cotton, Knitted or Crocheted in Switzerland (CIF) - 2023
The average import price for track suits; of cotton, knitted or crocheted stood at $35.6 per unit in November 2023, increasing by 6.6% against the previous month. Over the period under review, import price indicated moderate growth from December 2022 to November 2023: its price increased at an average monthly rate of +4.1% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for track suits; of cotton, knitted or crocheted increased by +118.5% against August 2023 indices. The most prominent rate of growth was recorded in February 2023 an increase of 69% against the previous month. As a result, import price reached the peak level of $39.6 per unit. From March 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($48.1 per unit), while the price for Turkey ($23.7 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Switzerland (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $45 per unit in 2022, jumping by 15% against the previous year. In general, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of cotton, knitted or crocheted increased by +27.1% against 2020 indices. The pace of growth appeared the most rapid in 2016 an increase of 44% against the previous year. The export price peaked at $65 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($64 per unit), while the average price for exports to Spain ($15 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 France (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Switzerland
For the fourth consecutive year, Switzerland recorded growth in overseas purchases of track suits; of cotton, knitted or crocheted, which increased by 71% to 333K units in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $7.8M in 2022. Overall, imports showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 39%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 615 | 1,080 | 1,429 | 1,252 | 26.7% |
| Cambodia | 733 | 796 | 1,018 | 1,086 | 14.0% |
| Bangladesh | 223 | 277 | 660 | 950 | 62.1% |
| Vietnam | 71.7 | 617 | 699 | 890 | 131.5% |
| Turkey | 157 | 198 | 444 | 880 | 77.6% |
| Pakistan | 152 | 350 | 650 | 724 | 68.3% |
| Italy | 332 | 245 | 331 | 338 | 0.6% |
| Germany | 756 | 238 | 338 | 296 | -26.8% |
| Indonesia | 28.4 | 52.3 | 87.1 | 246 | 105.4% |
| India | 65.9 | 45.8 | 113 | 136 | 27.3% |
| Others | 427 | 705 | 607 | 1,030 | 34.1% |
| Total | 3,560 | 4,602 | 6,375 | 7,829 | 30.0% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Switzerland in 2022:
- Bangladesh (99.4K units)
- Turkey (63.1K units)
- China (35.3K units)
- Pakistan (33.8K units)
- Cambodia (32.1K units)
- Indonesia (16.1K units)
- Vietnam (12.6K units)
- India (8.6K units)
- Germany (8.2K units)
- Italy (7.2K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Switzerland
In 2022, after three years of growth, there was significant decline in overseas shipments of track suits; of cotton, knitted or crocheted, when their volume decreased by -29.5% to 38K units. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 194% against the previous year. Over the period under review, the exports of attained the peak figure at 54K units in 2021, and then contracted remarkably in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted plummeted to $1.7M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 60%. Over the period under review, the exports of hit record highs at $2.1M in 2021, and then fell markedly in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 759 | 896 | 1,208 | 1,016 | 10.2% |
| Italy | 41.7 | 202 | 468 | 301 | 93.3% |
| France | 16.5 | 79.4 | 95.3 | 170 | 117.6% |
| Poland | 5.1 | 30.1 | 69.0 | 49.9 | 113.9% |
| Netherlands | 0.9 | 3.0 | 24.5 | 37.6 | 247.0% |
| Spain | N/A | 18.7 | 53.9 | 36.3 | 39.3% |
| Czech Republic | N/A | N/A | N/A | 22.7 | 0% |
| United Kingdom | 73.5 | 55.5 | 15.3 | 11.0 | -46.9% |
| Slovenia | N/A | 16.7 | 14.9 | 5.5 | -42.6% |
| Others | 42.4 | 202 | 137 | 47.0 | 3.5% |
| Total | 939 | 1,504 | 2,087 | 1,697 | 21.8% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Switzerland in 2022:
- Germany (18.5K units)
- Italy (7.1K units)
- France (2.7K units)
- Spain (2.4K units)
- Netherlands (1.5K units)
- Czech Republic (1.4K units)
- Poland (0.9K units)
- Slovenia (0.5K units)
- United Kingdom (0.4K units)
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