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

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany (CIF) - 2023
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany (FOB) - 2023
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany (CIF) - 2023

In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $16.1 per unit, leveling off at the previous month. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 68% month-to-month. The import price peaked at $23.7 per unit in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Bangladesh ($26.6 per unit), while the price for China ($5.7 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany (FOB) - 2023

In December 2023, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $26.8 per unit, dropping by -6% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +3.4%. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 14% m-o-m. The export price peaked at $28.5 per unit in November 2023, and then declined in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($56.0 per unit), while the average price for exports to Iraq ($4.8 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Germany recorded growth in overseas purchases of track suits; of synthetic fibres, knitted or crocheteds, which increased by 24% to 6M units in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.0% against 2019 indices. 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 soared to $91M in 2022. Overall, imports continue to indicate significant growth. 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cambodia16.113.016.021.19.4%
Italy1.61.96.010.084.2%
China4.13.34.79.532.3%
Indonesia4.53.24.78.423.1%
Netherlands1.02.95.17.091.3%
Vietnam4.44.34.86.212.1%
Belgium0.24.45.85.7205.5%
France0.11.33.14.0242.0%
Bangladesh8.77.53.22.9-30.7%
Thailand2.22.53.92.77.1%
Poland0.41.72.72.584.2%
Turkey1.12.12.61.510.9%
Pakistan0.60.41.01.329.4%
Others3.33.82.98.436.5%
Total48.552.166.490.923.3%

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

  1. Cambodia (1849.5K units)
  2. China (913.1K units)
  3. Indonesia (646.9K units)
  4. Netherlands (546.7K units)
  5. Vietnam (437.1K units)
  6. Bangladesh (236.2K units)
  7. France (221.4K units)
  8. Thailand (202.9K units)
  9. Italy (191.6K units)
  10. Belgium (176.6K units)
  11. Turkey (157.0K units)
  12. Pakistan (101.8K units)
  13. Poland (95.3K units)

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

Exports of track suits; of synthetic fibres, knitted or crocheteds from Germany reached 3.7M units in 2022, picking up by 1.9% against the year before. The total export volume increased at an average annual rate of +8.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds fell to $68M in 2022. The total export value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 19%. Over the period under review, the exports of hit record highs at $70M in 2021, and then reduced modestly in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland5.010.816.614.241.6%
France13.715.113.811.1-6.8%
Italy3.84.15.16.620.2%
Netherlands3.73.83.74.13.5%
Austria3.13.54.03.87.0%
Switzerland3.94.13.83.6-2.6%
Spain1.61.92.53.529.8%
United Kingdom3.84.33.03.0-7.6%
Romania1.61.92.52.719.1%
Belgium1.01.11.72.739.2%
Sweden2.32.73.42.2-1.5%
Czech Republic1.21.31.51.814.5%
Slovakia0.20.20.61.071.0%
Others5.85.68.28.413.1%
Total50.860.470.368.410.4%

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

  1. France (896.9K units)
  2. Poland (873.7K units)
  3. Italy (323.7K units)
  4. Netherlands (184.9K units)
  5. Spain (183.8K units)
  6. United Kingdom (179.3K units)
  7. Austria (148.2K units)
  8. Belgium (109.1K units)
  9. Sweden (107.4K units)
  10. Czech Republic (106.2K units)
  11. Romania (88.9K units)
  12. Switzerland (85.4K units)
  13. Slovakia (78.5K units)

Source: IndexBox Market Intelligence Platform

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