Price for Track Suits; of Cotton, Knitted or Crocheted in Turkey - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Turkey
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Turkey
Price for Track Suits; of Cotton, Knitted or Crocheted in Turkey (FOB) - 2023
The average export price for track suits; of cotton, knitted or crocheted stood at $6.8 per unit in November 2023, rising by 6.2% against the previous month. In general, export price indicated a perceptible increase from December 2022 to November 2023: its price increased at an average monthly rate of +2.8% 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, export price for track suits; of cotton, knitted or crocheted increased by +62.6% against May 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 20% month-to-month. Over the period under review, the average export prices attained the peak figure in November 2023.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was the UK ($13.8 per unit), while the average price for exports to Algeria ($2.1 per unit) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Turkey (CIF) - 2022
The average import price for track suits; of cotton, knitted or crocheted stood at $13 per unit in 2022, reducing by -13.3% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 46%. The import price peaked at $15 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($25 per unit), while the price for Saudi Arabia ($4.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+71.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Turkey
In 2022, overseas shipments of track suits; of cotton, knitted or crocheted decreased by -7.2% to 27M units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.5% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 37%. As a result, the exports attained the peak of 29M units, and then reduced in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted shrank rapidly to $106M in 2022. Overall, exports, however, recorded a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. As a result, the exports reached the peak of $131M, and then dropped notably in the following year.
Export of Track Suits; of Cotton, Knitted or Crocheted in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 9.2 | 26.3 | 28.2 | 17.3 | 23.4% |
Germany | 8.0 | 8.8 | 17.6 | 12.6 | 16.3% |
Ukraine | 0.4 | 0.9 | 1.8 | 10.6 | 198.1% |
Iraq | 7.1 | 5.1 | 7.0 | 6.9 | -0.9% |
France | 2.6 | 2.1 | 6.3 | 5.3 | 26.8% |
Netherlands | 0.6 | 2.0 | 4.3 | 4.6 | 97.2% |
Libya | 2.0 | 1.6 | 5.4 | 4.5 | 31.0% |
Kazakhstan | 0.4 | 2.2 | 5.0 | 4.3 | 120.7% |
Kyrgyzstan | 0.4 | 0.5 | 1.5 | 3.5 | 106.1% |
Algeria | 4.2 | 4.7 | 6.9 | 2.8 | -12.6% |
Israel | 1.2 | 1.8 | 3.1 | 2.4 | 26.0% |
Slovakia | 0.6 | 1.2 | 0.2 | 1.6 | 38.7% |
Bulgaria | 0.6 | 2.5 | 2.3 | 0.9 | 14.5% |
Others | 25.2 | 27.5 | 41.2 | 28.3 | 3.9% |
Total | 62.6 | 87.3 | 131 | 106 | 19.2% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Turkey in 2022:
- Ukraine (5.7M units)
- Kazakhstan (2.7M units)
- Libya (2.3M units)
- Kyrgyzstan (2.2M units)
- Iraq (2.0M units)
- United Kingdom (1.5M units)
- Germany (1.5M units)
- Algeria (1.3M units)
- Slovakia (0.8M units)
- Netherlands (0.7M units)
- France (0.7M units)
- Israel (0.6M units)
- Bulgaria (0.4M units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Turkey
In 2022, purchases abroad of track suits; of cotton, knitted or crocheted decreased by -12.6% to 160K units, falling for the second consecutive year after two years of growth. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -16.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 82%. As a result, imports attained the peak of 192K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of track suits; of cotton, knitted or crocheted fell significantly to $2M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.9% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 97%. As a result, imports reached the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Track Suits; of Cotton, Knitted or Crocheted in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 18.5 | 4.7 | 60.3 | 322 | 159.2% |
Cambodia | 259 | 92.6 | 210 | 316 | 6.9% |
China | 267 | 74.2 | 73.6 | 302 | 4.2% |
France | 3.6 | 3.4 | 55.4 | 297 | 335.3% |
Saudi Arabia | N/A | N/A | 14.1 | 134 | 850.4% |
Georgia | 75.5 | 48.2 | 62.8 | 112 | 14.0% |
United Kingdom | 6.0 | 23.1 | 90.6 | 87.1 | 143.9% |
Vietnam | 75.1 | 51.4 | 21.7 | 64.0 | -5.2% |
India | 74.9 | 24.2 | 3.6 | 6.3 | -56.2% |
Bulgaria | N/A | 2,071 | 1,800 | 2.6 | -96.5% |
Egypt | 297 | 0.3 | 0.1 | 0.1 | -93.0% |
Others | 305 | 329 | 306 | 400 | 9.5% |
Total | 1,382 | 2,722 | 2,697 | 2,043 | 13.9% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Turkey in 2022:
- Saudi Arabia (31.5K units)
- Germany (27.7K units)
- France (25.0K units)
- China (19.9K units)
- Georgia (18.0K units)
- Cambodia (15.6K units)
- United Kingdom (7.5K units)
- Vietnam (2.5K units)
- India (0.5K units)
- Bulgaria (0.2K units)
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