Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden - 2023

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden (CIF) - 2023
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden (FOB) - 2023
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden (CIF) - 2023

In November 2023, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $19.9 per unit, with a decrease of -37.1% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 57% against the previous month. As a result, import price reached the peak level of $31.6 per unit, and then declined notably in the following month.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Belgium ($48.1 per unit), while the price for China ($8.4 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Bangladesh (+10.3%), 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 Sweden (FOB) - 2023

In November 2023, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $38.9 per unit, approximately mirroring the previous month. In general, export price indicated a mild increase from November 2022 to November 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 November 2023 figures, export price for track suits; of synthetic fibres, knitted or crocheteds increased by +116.3% against May 2023 indices. The pace of growth was the most pronounced in October 2023 an increase of 50% against the previous month. Over the period under review, the average export prices hit record highs at $40.0 per unit in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($89.5 per unit), while the average price for exports to the UK ($1.7 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+10.2%), 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 Sweden

Imports of track suits; of synthetic fibres, knitted or crocheteds into Sweden contracted remarkably to 310K units in 2022, waning by -20.2% against the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 389K units, and then fell dramatically in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds declined markedly to $5.4M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 29%. As a result, imports attained the peak of $7.3M, and then contracted sharply in the following year.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,3292,6333,4752,208-1.8%
China31828141694543.8%
Denmark29196.849739911.1%
Poland21947345833014.6%
Italy77.688.820822843.2%
Belgium239231220222-2.4%
Vietnam98.731.115017621.3%
Bangladesh120161217116-1.1%
Netherlands20424162.394.0-22.8%
France24.641.570.390.454.3%
Indonesia2.24.015.689.5243.9%
Turkey11773497488.0-9.1%
Cambodia12850.665.252.3-25.8%
Others438572426403-2.7%
Total4,6055,6387,2535,4415.7%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Sweden in 2022:

  1. Germany (108.3K units)
  2. China (67.5K units)
  3. Denmark (42.0K units)
  4. Vietnam (14.6K units)
  5. Bangladesh (11.1K units)
  6. Poland (9.6K units)
  7. Turkey (8.4K units)
  8. Italy (7.7K units)
  9. Belgium (6.6K units)
  10. Indonesia (6.3K units)
  11. France (4.8K units)
  12. Netherlands (4.6K units)
  13. Cambodia (3.9K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from Sweden shrank notably to 77K units, waning by -28.1% compared with the previous year. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of 107K units, and then dropped significantly in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds reduced dramatically to $2.1M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. Over the period under review, the exports of attained the maximum at $3.2M in 2021, and then declined dramatically in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway5879308037277.4%
Finland501668717321-13.8%
Germany2912764322920.1%
Denmark1161291331386.0%
Poland71.513014911316.5%
Netherlands24.532.613078.247.2%
Switzerland63.666.050.567.11.8%
Czech Republic25.76.114.547.422.6%
Austria42.622924329.3-11.7%
United Kingdom48.652.483.027.3-17.5%
Belgium45.411.726.16.0-49.1%
Others300201378213-10.8%
Total2,1172,7313,1592,058-0.9%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Sweden in 2022:

  1. Norway (24.2K units)
  2. Finland (17.0K units)
  3. Germany (9.1K units)
  4. Denmark (7.8K units)
  5. Switzerland (3.8K units)
  6. Poland (3.1K units)
  7. Czech Republic (2.8K units)
  8. Netherlands (2.4K units)
  9. United Kingdom (0.8K units)
  10. Austria (0.8K units)
  11. Belgium (0.2K units)

Source: IndexBox Market Intelligence Platform

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