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

Contents:

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

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $11 per unit in 2022, with an increase of 4.8% against the previous year. Overall, the import price, however, showed a deep downturn. The growth pace was the most rapid in 2019 when the average import price increased by 25% against the previous year. The import price peaked at $19 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($35 per unit), while the price for Kyrgyzstan ($6.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), 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 Russia (FOB) - 2022

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $11 per unit in 2022, reducing by -47.3% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 34% against the previous year. The export price peaked at $26 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($19 per unit), while the average price for exports to Armenia ($8.2 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 France (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Russia shrank to 902K units, with a decrease of -8.8% compared with 2021 figures. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 39%. As a result, imports attained the peak of 989K units, and then contracted in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds shrank slightly to $10M in 2022. The total import value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of $11M, and then declined modestly in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.02.74.26.215.7%
Turkey0.80.50.71.111.2%
Vietnam1.32.11.50.8-14.9%
Lithuania0.10.10.30.344.2%
Cambodia1.31.10.90.3-38.7%
Thailand0.10.10.50.226.0%
Belarus0.30.40.6N/A41.4%
Others1.11.42.11.510.9%
Total8.98.410.810.35.0%

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

  1. China (564.5K units)
  2. Turkey (157.7K units)
  3. Vietnam (59.4K units)
  4. Cambodia (31.5K units)
  5. Lithuania (14.0K units)
  6. Thailand (12.2K units)

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

After three years of growth, shipments abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -5.7% to 54K units in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +60.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 58K units, and then fell in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds reduced markedly to $572K in 2022. Over the period under review, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports reached the peak of $1.2M, and then fell significantly in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan2992564423555.9%
Armenia20.625.140.410572.1%
France0.132.46.771.6794.6%
TajikistanN/A24.3N/AN/A0%
Belarus294250543N/A35.9%
Others37.668.712040.02.1%
Total6526561,151572-4.3%

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

  1. Kazakhstan (36.4K units)
  2. Armenia (12.8K units)
  3. France (3.8K units)

Source: IndexBox Market Intelligence Platform

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