Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates - 2022

Contents:

  1. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022
  2. Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022
  3. Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates
  4. Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $3.1 per unit, picking up by 27% against the previous year. Overall, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2015 an increase of 83%. The import price peaked at $13 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($13 per unit), while the price for China ($2.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $15 per unit, surging by 25% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 202% against the previous year. As a result, the export price reached the peak level of $41 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($58 per unit), while the average price for exports to Bahrain ($4 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 Uganda (+1,301.7%), 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 the United Arab Emirates

After three years of growth, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds decreased by -1% to 3.1M units in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 127%. Over the period under review, imports of hit record highs at 3.1M units in 2021, and then contracted modestly in the following year.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $9.5M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.4% 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 +67.8% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.63.64.66.311.1%
Cambodia0.60.40.61.329.4%
Turkey0.20.30.70.20.0%
India0.10.1N/A0.226.0%
Others1.21.21.61.610.1%
Total6.75.77.69.512.3%

Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to the United Arab Emirates in 2022:

  1. China (2759.4K units)
  2. Cambodia (142.3K units)
  3. India (46.4K units)
  4. Turkey (22.8K units)

Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates

In 2022, exports of track suits; of synthetic fibres, knitted or crocheteds from the United Arab Emirates was estimated at 18K units, standing approx. at the previous year's figure. Over the period under review, exports enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 261%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds skyrocketed to $283K in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman1563.460.923114.0%
KenyaN/AN/A4.322.9432.6%
KuwaitN/A0.10.38.1800.0%
BahrainN/AN/A3.24.231.3%
MalawiN/AN/AN/A2.50%
MoroccoN/AN/A44.40.8-98.2%
Germany13.10.20.30.8-60.6%
Hong Kong SARN/A199N/A0.2-96.8%
Saudi ArabiaN/A4.390.9N/A2014.0%
Others22.60.920.613.3-16.2%
Total19120822528314.0%

Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from the United Arab Emirates in 2022:

  1. Oman (14.4K units)
  2. Bahrain (1.1K units)
  3. Kenya (1.1K units)
  4. Malawi (0.6K units)
  5. Kuwait (0.5K units)
  6. Morocco (0.1K units)

Source: IndexBox Market Intelligence Platform

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