Price for Track Suits; of Cotton, Knitted or Crocheted in Italy - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Italy (CIF) - 2023
- Price for Track Suits; of Cotton, Knitted or Crocheted in Italy (FOB) - 2023
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Italy
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Italy
Price for Track Suits; of Cotton, Knitted or Crocheted in Italy (CIF) - 2023
In October 2023, the average import price for track suits; of cotton, knitted or crocheted amounted to $15.6 per unit, which is down by -16% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 when the average import price increased by 20% against the previous month. As a result, import price reached the peak level of $18.6 per unit, and then dropped sharply in the following month.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($54.1 per unit), while the price for Pakistan ($7.0 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Italy (FOB) - 2023
In October 2023, the average export price for track suits; of cotton, knitted or crocheted amounted to $63.0 per unit, rising by 71% against the previous month. Over the period under review, export price indicated a resilient increase from October 2022 to October 2023: its price increased at an average monthly rate of +7.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for track suits; of cotton, knitted or crocheted increased by +105.5% against May 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($533 per unit), while the average price for exports to Albania ($8.4 per unit) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+20.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Cotton, Knitted or Crocheted in Italy
In 2022, approx. 6.5M units of track suits; of cotton, knitted or crocheted were imported into Italy; jumping by 22% compared with the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +88.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the near future.
In value terms, imports of track suits; of cotton, knitted or crocheted skyrocketed to $93M in 2022. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 7.1 | 3.9 | 10.5 | 20.3 | 41.9% |
| Bangladesh | 9.1 | 8.6 | 11.5 | 13.6 | 14.3% |
| France | 2.9 | 3.2 | 6.2 | 12.8 | 64.0% |
| India | 4.1 | 4.6 | 8.6 | 11.7 | 41.8% |
| Germany | 4.2 | 4.0 | 4.0 | 9.8 | 32.6% |
| Vietnam | 6.3 | 7.6 | 8.3 | 8.4 | 10.1% |
| Turkey | 1.3 | 1.3 | 3.6 | 4.0 | 45.4% |
| China | 4.6 | 3.8 | 5.6 | 2.7 | -16.3% |
| Others | 7.1 | 3.8 | 11.6 | 10.0 | 12.1% |
| Total | 46.7 | 40.7 | 69.8 | 93.3 | 25.9% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Italy in 2022:
- India (1445.2K units)
- Bangladesh (1247.0K units)
- Cambodia (1097.3K units)
- France (698.9K units)
- Germany (545.0K units)
- Vietnam (463.8K units)
- Turkey (235.7K units)
- China (226.0K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in Italy
Exports of track suits; of cotton, knitted or crocheted from Italy expanded sharply to 1.4M units in 2022, growing by 13% compared with the year before. The total export volume increased at an average annual rate of +7.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of track suits; of cotton, knitted or crocheted totaled $40M in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.8% 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 +55.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 40%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 6.0 | 7.7 | 6.7 | 6.7 | 3.7% |
| Germany | 2.8 | 2.4 | 4.1 | 4.0 | 12.6% |
| Poland | 0.6 | 0.7 | 1.7 | 3.7 | 83.4% |
| Spain | 2.0 | 2.9 | 2.8 | 3.2 | 17.0% |
| Latvia | 0.6 | 0.9 | 1.8 | 2.5 | 60.9% |
| France | 1.5 | 1.4 | 2.4 | 2.2 | 13.6% |
| Romania | 0.6 | 0.6 | 1.5 | 1.5 | 35.7% |
| Greece | 0.3 | 0.3 | 1.4 | 1.4 | 67.1% |
| Netherlands | 0.8 | 0.4 | 0.7 | 1.3 | 17.6% |
| Albania | 0.1 | 0.1 | 0.6 | 0.9 | 108.0% |
| Ireland | N/A | N/A | 0.9 | 0.8 | -11.1% |
| United Arab Emirates | 0.4 | 0.2 | 0.5 | 0.7 | 20.5% |
| Slovenia | 3.1 | 1.6 | 0.9 | 0.5 | -45.6% |
| Others | 8.3 | 6.5 | 10.0 | 10.4 | 7.8% |
| Total | 27.1 | 25.7 | 36.1 | 39.9 | 13.8% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Italy in 2022:
- United Kingdom (180.9K units)
- Spain (163.7K units)
- Germany (162.8K units)
- Albania (117.0K units)
- Poland (102.6K units)
- France (101.2K units)
- Greece (81.6K units)
- Ireland (53.6K units)
- Romania (45.6K units)
- Latvia (40.9K units)
- United Arab Emirates (33.1K units)
- Slovenia (32.8K units)
- Netherlands (23.4K units)
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