Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in China - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (FOB) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (FOB) - 2024
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $5.7 per unit in December 2023, with a decrease of -3.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 50% month-to-month. As a result, the export price reached the peak level of $10.6 per unit. From July 2023 to December 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($14.6 per unit), while the average price for exports to the United Arab Emirates ($1.5 per unit) was amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $23 per unit in 2022, picking up by 40% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for track suits; of synthetic fibres, knitted or crocheteds increased by +37.6% against 2018 indices. As a result, import price reached 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 ($42 per unit), while the price for Myanmar ($3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China
In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from China fell to 37M units, leveling off at the previous year's figure. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 +65.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 67%. As a result, the exports attained the peak of 38M units, leveling off in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds amounted to $249M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +15.5% 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 +80.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 77%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.8 | 26.9 | 63.6 | 44.6 | 31.1% |
| Japan | 22.2 | 20.9 | 25.8 | 17.0 | -8.5% |
| Mexico | 5.2 | 3.3 | 16.4 | 14.1 | 39.4% |
| Spain | 8.6 | 4.8 | 10.4 | 14.0 | 17.6% |
| Italy | 10.6 | 7.8 | 11.7 | 12.5 | 5.6% |
| South Korea | 9.4 | 7.1 | 9.8 | 11.4 | 6.6% |
| United Kingdom | 5.5 | 6.3 | 13.3 | 9.6 | 20.4% |
| Chile | 4.9 | 1.9 | 6.7 | 8.7 | 21.1% |
| United Arab Emirates | 4.6 | 3.6 | 4.6 | 6.3 | 11.1% |
| Germany | 2.9 | 3.0 | 5.3 | 6.1 | 28.1% |
| Panama | 2.1 | 0.5 | 1.7 | 2.9 | 11.4% |
| South Africa | 2.7 | 1.2 | 2.0 | 2.7 | 0.0% |
| Sudan | 0.6 | 0.3 | N/A | 2.0 | 49.4% |
| Others | 62.5 | 50.2 | 73.0 | 96.8 | 15.7% |
| Total | 161 | 138 | 244 | 249 | 15.6% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from China in 2022:
- United States (7.9M units)
- United Arab Emirates (2.7M units)
- Mexico (2.7M units)
- Japan (2.3M units)
- Spain (1.8M units)
- Italy (1.7M units)
- Chile (1.2M units)
- United Kingdom (1.1M units)
- Panama (1.0M units)
- South Korea (1.0M units)
- South Africa (0.8M units)
- Sudan (0.8M units)
- Germany (0.6M units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China
In 2022, overseas purchases of track suits; of synthetic fibres, knitted or crocheteds decreased by -4.4% to 300K units, falling for the second consecutive year after two years of growth. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 84%. As a result, imports reached the peak of 558K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $6.9M in 2022. Overall, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2020 when imports increased by 104% against the previous year. As a result, imports reached the peak of $8.4M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 449 | 1,136 | 756 | 2,831 | 84.7% |
| Indonesia | 1,140 | 2,607 | 1,775 | 1,292 | 4.3% |
| Cambodia | 876 | 887 | 1,357 | 783 | -3.7% |
| Italy | 144 | 18.5 | 20.1 | 659 | 66.0% |
| Thailand | 501 | 1,222 | 462 | 411 | -6.4% |
| Hong Kong SAR | 79.2 | 55.7 | 4.2 | 366 | 66.6% |
| Bangladesh | 106 | 1,700 | 238 | 327 | 45.6% |
| Malaysia | 107 | 161 | 1.0 | 0.4 | -84.5% |
| Myanmar | 142 | 313 | 36.1 | 0.1 | -91.1% |
| Others | 577 | 313 | 552 | 276 | -21.8% |
| Total | 4,121 | 8,414 | 5,201 | 6,944 | 19.0% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to China in 2022:
- Vietnam (86.2K units)
- Indonesia (76.5K units)
- Cambodia (46.2K units)
- Thailand (22.4K units)
- Hong Kong SAR (20.0K units)
- Italy (15.6K units)
- Bangladesh (15.5K units)
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