Price for Track Suits; of Cotton, Knitted or Crocheted in Uruguay - 2022

Contents:

  1. Price for Track Suits; of Cotton, Knitted or Crocheted in Uruguay (CIF) - 2022
  2. Imports of Track Suits; of Cotton, Knitted or Crocheted in Uruguay

Price for Track Suits; of Cotton, Knitted or Crocheted in Uruguay (CIF) - 2022

The average import price for track suits; of cotton, knitted or crocheted stood at $6.3 per unit in 2022, which is down by -16.5% against the previous year. In general, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for track suits; of cotton, knitted or crocheted increased by +32.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 58% against the previous year. As a result, import price reached the peak level of $7.5 per unit, and then shrank significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Paraguay ($26 per unit), while the price for China ($4.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Track Suits; of Cotton, Knitted or Crocheted in Uruguay

In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Uruguay soared to 11K units, rising by 15% compared with the year before. Over the period under review, imports, however, recorded a sharp setback. The most prominent rate of growth was recorded in 2020 with an increase of 155% against the previous year. As a result, imports attained the peak of 78K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of track suits; of cotton, knitted or crocheted contracted slightly to $66K in 2022. Overall, imports, however, saw a sharp decline. The growth pace was the most rapid in 2020 with an increase of 123% against the previous year. As a result, imports attained the peak of $371K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Track Suits; of Cotton, Knitted or Crocheted in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China88.124416.738.6-24.0%
ParaguayN/AN/AN/A6.20%
Cambodia25.542.629.65.8-39.0%
Bangladesh11.827.10.15.3-23.4%
Brazil2.7N/AN/A4.215.9%
Hong Kong SARN/AN/AN/A2.70%
Indonesia2.56.71.42.61.3%
Vietnam7.421.11.5N/A-55.0%
Singapore7.92.29.3N/A8.5%
Pakistan13.422.31.3N/A-68.9%
Others7.05.18.81.0-47.7%
Total16637168.866.3-26.4%

Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Uruguay in 2022:

  1. China (8.2K units)
  2. Bangladesh (0.6K units)
  3. Brazil (0.5K units)
  4. Hong Kong SAR (0.4K units)
  5. Cambodia (0.3K units)
  6. Indonesia (0.2K units)
  7. Paraguay (0.2K units)

Source: IndexBox Market Intelligence Platform

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