Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $13 per unit in 2022, waning by -10.5% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% 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 decreased by -12.7% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 52%. Over the period under review, average import prices attained the maximum at $14 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($18 per unit), while the price for China ($6.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+4.8%), 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 New Zealand (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $99 per unit in 2022, jumping by 392% against the previous year. Overall, the export price recorded resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($271 per unit), while the average price for exports to Tonga ($10 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 Singapore (+93.1%), 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 New Zealand
In 2022, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds was finally on the rise to reach 25K units after two years of decline. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 surged to $317K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 77.0 | 53.9 | 51.1 | 129 | 18.8% |
| China | 91.9 | 52.6 | 69.2 | 76.5 | -5.9% |
| Vietnam | 0.3 | 2.1 | 9.0 | 15.0 | 268.4% |
| Cambodia | 2.2 | 27.5 | 3.5 | 14.1 | 85.8% |
| Thailand | 11.0 | 51.1 | 12.8 | 10.0 | -3.1% |
| Bangladesh | 0.4 | N/A | 0.3 | 8.8 | 180.2% |
| Pakistan | 16.8 | 10.7 | 20.4 | 6.8 | -26.0% |
| Others | 31.5 | 25.4 | 41.8 | 56.3 | 21.4% |
| Total | 231 | 223 | 208 | 317 | 11.1% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to New Zealand in 2022:
- China (11.9K units)
- Indonesia (8.3K units)
- Vietnam (1.1K units)
- Cambodia (1.0K units)
- Bangladesh (0.8K units)
- Thailand (0.5K units)
- Pakistan (0.4K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand
In 2022, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -85.3% to 211 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 794%. As a result, the exports attained the peak of 3.9K 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 declined dramatically to $21K in 2022. Overall, exports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 377%. As a result, the exports attained the peak of $60K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 3.6 | 4.0 | 1.0 | 14.1 | 57.6% |
| United States | N/A | N/A | 0.3 | 2.9 | 866.7% |
| Australia | 3.2 | 2.6 | 8.2 | 1.8 | -17.5% |
| South Korea | 3.5 | 11.8 | 2.5 | 1.0 | -34.1% |
| Tonga | N/A | 8.0 | 0.8 | 0.4 | -77.6% |
| Fiji | N/A | 8.4 | 0.1 | N/A | -98.8% |
| Japan | 1.7 | 5.2 | N/A | N/A | 205.9% |
| Papua New Guinea | N/A | 1.0 | 1.1 | N/A | 10.0% |
| Vanuatu | N/A | 6.4 | 0.1 | N/A | -98.4% |
| Solomon Islands | N/A | 7.0 | 7.6 | N/A | 8.6% |
| Samoa | N/A | 5.9 | 0.1 | N/A | -98.3% |
| Others | 0.5 | 0.1 | 7.2 | 0.8 | 17.0% |
| Total | 12.7 | 60.4 | 29.0 | 20.9 | 18.1% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from New Zealand in 2022:
- Australia (84.0 units)
- Singapore (52.0 units)
- Tonga (35.0 units)
- United States (27.0 units)
- South Korea (10.0 units)
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