Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland (CIF) - 2023
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland (CIF) - 2023
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $22.0 per unit in December 2023, rising by 66% against the previous month. Over the period under review, import price indicated a modest expansion from December 2022 to December 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for track suits; of synthetic fibres, knitted or crocheteds decreased by -31.8% against October 2023 indices. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 89% against the previous month. Over the period under review, average import prices attained the peak figure at $32.3 per unit in October 2023; however, from November 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($141 per unit), while the price for China ($1.0 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 Germany (+5.1%), 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 Finland (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $16 per unit, dropping by -27.4% against the previous year. Overall, the export price saw a slight shrinkage. The most prominent rate of growth was recorded in 2019 when the average export price increased by 57%. Over the period under review, the average export prices hit record highs at $29 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($96 per unit), while the average price for exports to Lithuania ($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 Norway (+9.0%), 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 Finland
In 2022, purchases abroad of track suits; of synthetic fibres, knitted or crocheteds was finally on the rise to reach 91K units after two years of decline. The total import volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 reduced dramatically to $1.3M in 2022. Over the period under review, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 9.8% against the previous year. As a result, imports attained the peak of $1.7M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 489 | 472 | 386 | 1145.0% |
| Sweden | 241 | 746 | 803 | 346 | 12.8% |
| China | 198 | 9.3 | 28.8 | 188 | -1.7% |
| Netherlands | N/A | N/A | 7.2 | 102 | 1316.7% |
| India | 74.1 | N/A | 68.8 | 77.6 | 1.6% |
| Pakistan | 27.4 | 8.5 | 4.0 | 52.3 | 24.0% |
| Denmark | 54.3 | 264 | 109 | 2.3 | -65.1% |
| Cambodia | 279 | N/A | N/A | N/A | 0% |
| Indonesia | 366 | 0.1 | 19.4 | N/A | -77.0% |
| Others | 301 | 176 | 70.4 | 106 | -29.4% |
| Total | 1,541 | 1,692 | 1,583 | 1,260 | -6.5% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Finland in 2022:
- China (23.2K units)
- Sweden (20.7K units)
- Germany (19.0K units)
- Netherlands (10.1K units)
- Pakistan (7.6K units)
- India (7.2K units)
- Denmark (0.1K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Finland
Exports of track suits; of synthetic fibres, knitted or crocheteds from Finland soared to 13K units in 2022, rising by 110% against 2021 figures. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 165% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $215K in 2022. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 104%. 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 Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | 0.4 | 0.3 | 106 | 607.0% |
| Russia | 9.4 | 19.4 | 74.0 | 57.3 | 82.7% |
| Singapore | N/A | N/A | N/A | 11.0 | 0% |
| South Africa | N/A | N/A | N/A | 8.0 | 0% |
| Sweden | 8.5 | 19.8 | 30.4 | 5.6 | -13.0% |
| France | N/A | 2.8 | 6.2 | 3.8 | 16.5% |
| Estonia | 15.5 | 7.1 | 7.1 | 3.5 | -39.1% |
| Switzerland | 4.4 | 2.3 | 5.9 | 2.4 | -18.3% |
| Others | 4.3 | 17.3 | 17.4 | 17.7 | 60.3% |
| Total | 42.5 | 69.2 | 141 | 215 | 71.7% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Finland in 2022:
- Germany (7.4K units)
- Russia (3.7K units)
- Singapore (0.5K units)
- South Africa (0.3K units)
- Estonia (0.2K units)
- Switzerland (0.2K units)
- France (0.1K units)
- Sweden (0.1K units)
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