Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, growing by 5% against the previous year. Overall, the export price, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 27%. Over the period under review, the average export prices reached the peak figure at $17 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 Italy ($44 per unit), while the average price for exports to the UK ($4.2 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 Italy (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (CIF) - 2022
In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $6.1 per unit, picking up by 145% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 532%. The import price peaked at $8.2 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($42 per unit), while the price for India ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka
In 2022, approx. 201K units of track suits; of synthetic fibres, knitted or crocheteds were exported from Sri Lanka; picking up by 35% on the previous year. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 244%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $2.7M in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 223% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 23.0 | 8.0 | 357 | 845 | 232.4% |
| Germany | 9.9 | 39.8 | 222 | 386 | 239.1% |
| Italy | 64.2 | 95.2 | 202 | 265 | 60.4% |
| Russia | 57.8 | 53.0 | 146 | 160 | 40.4% |
| Brazil | 38.1 | 56.5 | 120 | 157 | 60.3% |
| France | 30.1 | 43.0 | 88.0 | 128 | 62.0% |
| United Kingdom | 42.6 | 36.7 | 110 | 105 | 35.1% |
| Czech Republic | 1.6 | 6.2 | 32.9 | 75.5 | 261.4% |
| United States | 18.8 | 27.3 | 19.2 | 67.4 | 53.1% |
| Morocco | 0.3 | 0.1 | 4.0 | 40.7 | 413.8% |
| Netherlands | 10.8 | 19.7 | 24.0 | 36.4 | 49.9% |
| Belgium | 20.6 | 83.8 | 230 | 30.9 | 14.5% |
| Saudi Arabia | 7.0 | 32.5 | 41.0 | 26.6 | 56.0% |
| Others | 125 | 92.7 | 323 | 396 | 46.9% |
| Total | 449 | 595 | 1,918 | 2,720 | 82.3% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Sri Lanka in 2022:
- Spain (63.5K units)
- France (27.0K units)
- United Kingdom (25.2K units)
- Germany (19.8K units)
- Brazil (12.1K units)
- Russia (7.2K units)
- Italy (6.0K units)
- Morocco (4.7K units)
- Netherlands (4.4K units)
- United States (4.1K units)
- Czech Republic (3.2K units)
- Saudi Arabia (3.1K units)
- Belgium (1.7K units)
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka
In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Sri Lanka skyrocketed to 19K units, picking up by 50% compared with the previous year's figure. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 351% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $119K in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 15.9 | 6.9 | 7.9 | 60.8 | 56.4% |
| China | 3.4 | 3.4 | 5.3 | 35.4 | 118.4% |
| Pakistan | 2.8 | 1.1 | 2.0 | 18.7 | 88.3% |
| India | 0.1 | N/A | 0.1 | 1.2 | 128.9% |
| United Arab Emirates | 5.8 | 0.3 | 0.1 | 0.6 | -53.1% |
| Bangladesh | 0.5 | N/A | 16.3 | N/A | 471.0% |
| Others | 6.5 | 0.8 | 0.5 | 1.9 | -33.6% |
| Total | 34.9 | 12.7 | 32.1 | 119 | 50.5% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Sri Lanka in 2022:
- China (11.1K units)
- Pakistan (5.1K units)
- Hong Kong SAR (1.5K units)
- India (1.2K units)
- United Arab Emirates (0.1K units)
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