Price for Track Suits; of Cotton, Knitted or Crocheted in South Africa - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in South Africa (CIF) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in South Africa (FOB) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in South Africa
- Exports of Track Suits; of Cotton, Knitted or Crocheted in South Africa
Price for Track Suits; of Cotton, Knitted or Crocheted in South Africa (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, rising by 4.5% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 100%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($27 per unit), while the price for Lesotho ($2.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in South Africa (FOB) - 2022
In 2022, the average export price for track suits; of cotton, knitted or crocheted amounted to $6.4 per unit, with a decrease of -20.4% against the previous year. Over the period under review, the export price showed a deep contraction. The growth pace was the most rapid in 2019 when the average export price increased by 31%. As a result, the export price reached the peak level of $15 per unit. From 2020 to 2022, the average 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 Zambia ($15 per unit), while the average price for exports to Lesotho ($4.7 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 Zimbabwe (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Track Suits; of Cotton, Knitted or Crocheted in South Africa
In 2022, supplies from abroad of track suits; of cotton, knitted or crocheted was finally on the rise to reach 39K units after two years of decline. In general, imports, however, continue to indicate a precipitous decline. Imports peaked at 226K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of track suits; of cotton, knitted or crocheted rose remarkably to $713K in 2022. Overall, imports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 75% against the previous year. Over the period under review, imports of reached the peak figure at $1.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Track Suits; of Cotton, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 221 | 91.4 | 156 | 225 | 0.6% |
| China | 346 | 96.3 | 141 | 181 | -19.4% |
| Turkey | 17.4 | 43.1 | 34.9 | 61.6 | 52.4% |
| Indonesia | 6.0 | 14.8 | 5.3 | 31.8 | 74.4% |
| India | 0.3 | 0.2 | 13.8 | 19.2 | 300.0% |
| Bangladesh | 6.2 | 2.2 | 18.6 | 15.0 | 34.2% |
| Lesotho | 449 | 8.7 | N/A | 6.2 | -76.0% |
| Pakistan | 42.1 | 58.4 | 67.5 | 5.1 | -50.5% |
| Others | 153 | 64.2 | 226 | 169 | 3.4% |
| Total | 1,241 | 379 | 662 | 713 | -16.9% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to South Africa in 2022:
- Cambodia (12.4K units)
- China (11.6K units)
- Lesotho (2.8K units)
- Turkey (2.6K units)
- Bangladesh (2.0K units)
- India (1.4K units)
- Indonesia (1.2K units)
- Pakistan (1.1K units)
Exports of Track Suits; of Cotton, Knitted or Crocheted in South Africa
In 2022, approx. 68K units of track suits; of cotton, knitted or crocheted were exported from South Africa; rising by 74% compared with 2021 figures. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 212%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of track suits; of cotton, knitted or crocheted surged to $439K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 139% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Track Suits; of Cotton, Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 45.3 | 10.3 | 106 | 159 | 52.0% |
| Botswana | 116 | 56.5 | 116 | 132 | 4.4% |
| Swaziland | 21.1 | 20.1 | 49.0 | 71.7 | 50.3% |
| Lesotho | 35.9 | 38.6 | 28.1 | 52.3 | 13.4% |
| Others | 24.0 | 7.1 | 17.2 | 24.3 | 0.4% |
| Total | 242 | 133 | 317 | 439 | 22.0% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from South Africa in 2022:
- Namibia (26.3K units)
- Botswana (18.0K units)
- Swaziland (11.3K units)
- Lesotho (11.0K units)
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