Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt - 2023

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (FOB) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (CIF) - 2022
  3. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt
  4. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $3.9 per unit, increasing by 18% against the previous year. Overall, the export price, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 61% against the previous year. As a result, the export price reached the peak level of $14 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($13 per unit), while the average price for exports to the United States ($3.5 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 the United States (+3.3%), while the prices for the other major destinations experienced a decline.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, surging by 6.2% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 11%. Over the period under review, average import prices reached the peak figure at $15 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($14 per unit) and Vietnam ($14 per unit), while the price for Turkey ($14 per unit) and China ($14 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt

After two years of decline, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds increased by 41% to 2.5M units in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure at 2.5M units in 2019; afterwards, it flattened through to 2022.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds soared to $9.9M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.66.15.48.615.4%
Spain1.30.50.20.4-32.5%
Others1.00.80.30.9-3.5%
Total7.97.46.09.97.8%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Egypt in 2022:

  1. United States (2429.4K units)
  2. Spain (29.3K units)

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt

In 2022, approx. 25K units of track suits; of synthetic fibres, knitted or crocheteds were imported into Egypt; jumping by 189% compared with 2021. In general, imports saw a significant increase. 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 synthetic fibres, knitted or crocheteds skyrocketed to $349K in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/A0.32091178.5%
TurkeyN/AN/A87.113959.6%
Vietnam5.2N/A6.00.4-57.5%
RussiaN/AN/A15.7N/A0%
OthersN/AN/A4.80.3-93.8%
Total5.3N/A114349303.8%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Egypt in 2022:

  1. China (15.2K units)
  2. Turkey (10.1K units)

Source: IndexBox Market Intelligence Platform

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