Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy (CIF) - 2023
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy (FOB) - 2023
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy (CIF) - 2023
In December 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $13.6 per unit, declining by -10.2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 75% m-o-m. As a result, import price reached the peak level of $24.5 per unit. From March 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($17.4 per unit), while the price for Bangladesh ($6.9 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 Belgium (+3.5%), 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 Italy (FOB) - 2023
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $32.6 per unit in December 2023, growing by 5.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in June 2023 when the average export price increased by 28% against the previous month. Over the period under review, the average export prices hit record highs at $40.9 per unit in August 2023; however, from September 2023 to December 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($115 per unit), while the average price for exports to Bahrain ($8.3 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 Russia (+13.3%), 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 Italy
In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Italy expanded significantly to 5.7M units, increasing by 12% on the year before. Overall, imports showed a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $71M in 2022. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.1 | 7.3 | 11.3 | 15.6 | 12.0% |
| Cambodia | 11.6 | 3.4 | 7.7 | 11.3 | -0.9% |
| Belgium | 4.7 | 4.0 | 4.5 | 10.1 | 29.0% |
| Bangladesh | 3.8 | 5.1 | 10.2 | 9.9 | 37.6% |
| Germany | 3.8 | 3.5 | 3.7 | 6.1 | 17.1% |
| France | 4.0 | 2.0 | 4.2 | 4.0 | 0.0% |
| Pakistan | 1.7 | 1.4 | 2.0 | 2.6 | 15.2% |
| Others | 5.6 | 6.1 | 12.3 | 11.1 | 25.6% |
| Total | 46.3 | 32.8 | 55.9 | 70.5 | 15.0% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Italy in 2022:
- China (1432.2K units)
- Bangladesh (1379.2K units)
- Cambodia (1054.5K units)
- Belgium (330.2K units)
- Germany (305.1K units)
- France (283.4K units)
- Pakistan (281.8K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy
In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -28.9% to 1.1M units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +21.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 69%. As a result, the exports reached the peak of 1.6M units, and then dropped remarkably in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped significantly to $27M in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +39.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. As a result, the exports reached the peak of $34M, and then fell notably in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 2.8 | 5.2 | 4.0 | 0.8% |
| United Kingdom | 5.5 | 6.4 | 5.1 | 2.3 | -25.2% |
| France | 1.1 | 1.5 | 2.3 | 2.2 | 26.0% |
| Spain | 1.6 | 1.3 | 2.3 | 2.2 | 11.2% |
| Poland | 0.6 | 0.8 | 1.9 | 2.1 | 51.8% |
| Hungary | 0.3 | 0.3 | 4.8 | 1.8 | 81.7% |
| Greece | 0.8 | 0.7 | 1.2 | 1.4 | 20.5% |
| Romania | 1.2 | 0.8 | 1.4 | 1.3 | 2.7% |
| Switzerland | 0.1 | 0.2 | 0.4 | 1.1 | 122.4% |
| Belgium | 0.3 | 0.2 | 1.1 | 1.1 | 54.2% |
| Bulgaria | 0.8 | 0.7 | 1.0 | 1.0 | 7.7% |
| Slovakia | 0.3 | 0.3 | 0.3 | 0.6 | 26.0% |
| Croatia | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Others | 4.8 | 3.3 | 6.3 | 6.2 | 8.9% |
| Total | 21.6 | 19.7 | 33.7 | 27.4 | 8.3% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Italy in 2022:
- Germany (155.9K units)
- Hungary (129.1K units)
- Spain (100.8K units)
- Poland (95.0K units)
- Greece (87.4K units)
- France (85.8K units)
- Bulgaria (77.8K units)
- United Kingdom (62.3K units)
- Romania (57.4K units)
- Slovakia (32.4K units)
- Croatia (29.3K units)
- Belgium (22.1K units)
- Switzerland (17.3K units)
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