Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (CIF) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (CIF) - 2024
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $2.1 per unit in January 2024, with a decrease of -67.6% against the previous month. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 217% month-to-month. Over the period under review, average import prices hit record highs at $13.6 per unit in July 2023; however, from August 2023 to January 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Vietnam ($11.9 per unit), while the price for China stood at $1.7 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Vietnam (-2.8%).
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $4.1 per unit in 2022, dropping by -5.6% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2017 an increase of 25%. The export price peaked at $5.3 per unit in 2012; however, from 2013 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 Zambia ($14 per unit), while the average price for exports to Lesotho ($3.4 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 Zambia (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa
Imports of track suits; of synthetic fibres, knitted or crocheteds into South Africa surged to 2M units in 2022, picking up by 23% on the year before. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $6.2M in 2022. Overall, imports saw a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.9 | 2.1 | 3.4 | 4.2 | 13.1% |
Cambodia | 0.4 | 0.2 | 0.6 | 0.8 | 26.0% |
Vietnam | 0.9 | 0.4 | 0.4 | 0.3 | -30.7% |
Others | 1.8 | 0.8 | 0.6 | 0.8 | -23.7% |
Total | 6.0 | 3.5 | 5.0 | 6.2 | 1.1% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to South Africa in 2022:
- China (1863.9K units)
- Cambodia (50.9K units)
- Vietnam (27.4K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa
Exports of track suits; of synthetic fibres, knitted or crocheteds from South Africa surged to 197K units in 2022, with an increase of 29% on 2021 figures. In general, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +3.5% 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 +69.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $806K in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 +81.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Namibia | 286 | 199 | 290 | 330 | 4.9% |
Botswana | 150 | 90.4 | 144 | 212 | 12.2% |
Lesotho | 77.0 | 49.5 | 82.3 | 98.7 | 8.6% |
Swaziland | 68.3 | 48.3 | 66.9 | 95.5 | 11.8% |
Zambia | 44.7 | 24.4 | 33.9 | 41.3 | -2.6% |
Others | 18.8 | 32.9 | 43.3 | 29.5 | 16.2% |
Total | 645 | 445 | 661 | 806 | 7.7% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from South Africa in 2022:
- Namibia (93.0K units)
- Botswana (43.9K units)
- Lesotho (28.7K units)
- Swaziland (26.4K units)
- Zambia (2.9K units)
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