Price for Track Suits; of Cotton, Knitted or Crocheted in Malaysia - 2023
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Malaysia (FOB) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Malaysia (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Malaysia
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Malaysia
Price for Track Suits; of Cotton, Knitted or Crocheted in Malaysia (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $9.8 per unit in 2022, jumping by 17% against the previous year. Overall, the export price, however, showed a noticeable setback. The most prominent rate of growth was recorded in 2020 when the average export price increased by 103%. Over the period under review, the average export prices hit record highs at $14 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($23 per unit), while the average price for exports to the United States ($6.5 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 Singapore (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Malaysia (CIF) - 2022
The average import price for track suits; of cotton, knitted or crocheted stood at $5.7 per unit in 2022, waning by -24.9% against the previous year. In general, the import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2019 when the average import price increased by 100%. The import price peaked at $7.6 per unit in 2021, and then shrank rapidly 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 Indonesia ($15 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Malaysia
After two years of decline, shipments abroad of track suits; of cotton, knitted or crocheted increased by 5.3% to 53K units in 2022. In general, exports, however, continue to indicate a sharp decline. The exports peaked at 193K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of track suits; of cotton, knitted or crocheted soared to $518K in 2022. Overall, exports, however, recorded a sharp shrinkage. Over the period under review, the exports of hit record highs at $1.3M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 195 | 117 | 262 | 200 | 0.8% |
| Netherlands | N/A | N/A | N/A | 127 | 0% |
| Germany | 154 | 154 | 145 | 85.5 | -17.8% |
| Malta | N/A | 12.5 | N/A | 49.8 | 99.6% |
| United Kingdom | 7.2 | 426 | N/A | 25.5 | 52.4% |
| Singapore | 778 | N/A | N/A | 18.5 | -71.2% |
| Belgium | 81.6 | 260 | N/A | N/A | 218.6% |
| Others | 67.9 | 40.4 | 14.2 | 11.4 | -44.8% |
| Total | 1,283 | 1,011 | 421 | 518 | -26.1% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Malaysia in 2022:
- United States (30.9K units)
- Germany (10.6K units)
- Netherlands (5.7K units)
- Malta (3.1K units)
- Singapore (1.1K units)
- United Kingdom (1.1K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Malaysia
In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Malaysia skyrocketed to 61K units, growing by 74% against 2021 figures. In general, imports, however, continue to indicate a noticeable decrease. Imports peaked at 68K 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 skyrocketed to $348K in 2022. Over the period under review, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +62.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 123 | 122 | 151 | 226 | 22.5% |
| Bangladesh | 5.5 | N/A | 19.4 | 5.1 | -2.5% |
| Portugal | 148 | 1.0 | N/A | N/A | -99.3% |
| Others | 44.7 | 90.4 | 95.9 | 116 | 37.4% |
| Total | 321 | 214 | 267 | 348 | 2.7% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Malaysia in 2022:
- China (56.1K units)
- Bangladesh (0.6K units)
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