Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Nepal - 2022

Contents:

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

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

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $11 per unit, picking up by 22% against the previous year. In general, the import price, however, showed a mild contraction. The growth pace was the most rapid in 2017 when the average import price increased by 37%. As a result, import price reached the peak level of $15 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($26 per unit), while the price for India ($9.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.8%), 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 Nepal (FOB) - 2022

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $15 per unit in 2022, reducing by -7.1% against the previous year. Over the period under review, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2017 an increase of 152% against the previous year. The export price peaked at $21 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($57 per unit), while the average price for exports to Cyprus ($5.6 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 UK (+11.5%).

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

In 2022, approx. 23K units of track suits; of synthetic fibres, knitted or crocheteds were imported into Nepal; picking up by 9.7% against the year before. Over the period under review, imports posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 153%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $268K in 2022. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 245% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.414.996.7175124.8%
India42.731.373.856.49.7%
Others21.511.929.836.018.7%
Total79.658.120026849.9%

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

  1. China (16.4K units)
  2. India (6.1K units)

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

In 2022, approx. 326 units of track suits; of synthetic fibres, knitted or crocheteds were exported from Nepal; surging by 7.6% compared with 2021 figures. In general, exports, however, showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when exports increased by 37% against the previous year. As a result, the exports attained the peak of 549 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds stood at $4.9K in 2022. Over the period under review, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $9.6K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1.00.22.43.348.9%
United Kingdom4.70.42.50.7-47.0%
Czech RepublicN/AN/AN/A0.60%
CyprusN/AN/AN/A0.30%
South KoreaN/A9.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.79.64.94.9-4.9%

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

  1. Netherlands (214.0 units)
  2. United Kingdom (56.0 units)
  3. Cyprus (45.0 units)
  4. Czech Republic (11.0 units)

Source: IndexBox Market Intelligence Platform

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