Price for Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates - 2022

Contents:

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

Price for Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022

The average export price for track suits; of cotton, knitted or crocheted stood at $16 per unit in 2022, declining by -12.9% against the previous year. In general, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +74.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 100%. As a result, the export price reached the peak level of $18 per unit, and then fell in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Oman ($16 per unit) and Bahrain ($16 per unit), while the average price for exports to Kuwait ($16 per unit) and Qatar ($16 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $6.5 per unit, with an increase of 50% against the previous year. Over the period under review, the import price, however, showed a slight decline. Over the period under review, average import prices hit record highs at $9.9 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($18 per unit), while the price for India ($2.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates

In 2022, overseas shipments of track suits; of cotton, knitted or crocheted were finally on the rise to reach 853K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of cotton, knitted or crocheted soared to $13M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi ArabiaN/A32.026.29,5381626.4%
KuwaitN/A3.51331,0331618.0%
Oman23157.317471645.8%
QatarN/AN/AN/A6400%
Bahrain3.22.0N/A505440.4%
EgyptN/AN/AN/A2300%
Others37.310544.2702166.0%
Total27119937713,364266.7%

Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from the United Arab Emirates in 2022:

  1. Saudi Arabia (608.3K units)
  2. Kuwait (65.9K units)
  3. Oman (45.6K units)
  4. Qatar (40.8K units)
  5. Bahrain (32.2K units)
  6. Egypt (14.7K units)

Imports of Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates

After three years of growth, purchases abroad of track suits; of cotton, knitted or crocheted decreased by -10.9% to 1.1M units in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 84%. As a result, imports reached the peak of 1.2M units, and then dropped in the following year.

In value terms, imports of track suits; of cotton, knitted or crocheted soared to $7.1M in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 61% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

Import of Track Suits; of Cotton, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5753948101,43335.6%
Cambodia4271434921,40248.6%
China4435635641,23040.6%
India9301,0682,163599-13.6%
Vietnam14.318555.1419208.3%
Pakistan11.524.1N/A314201.1%
Others1,5299131,2251,7153.9%
Total3,9303,2905,3107,11221.9%

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to the United Arab Emirates in 2022:

  1. Turkey (458.5K units)
  2. China (227.4K units)
  3. India (220.0K units)
  4. Cambodia (79.0K units)
  5. Vietnam (23.6K units)
  6. Pakistan (17.7K units)

Source: IndexBox Market Intelligence Platform

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