Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Algeria - 2022

Contents:

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

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Algeria (CIF) - 2022

In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $4.2 per unit, waning by -5.9% against the previous year. In general, the import price continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 39% against the previous year. Over the period under review, average import prices attained the maximum at $9.6 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($36 per unit), while the price for Turkey ($1.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced a decline.

Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Algeria (FOB) - 2022

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $4.8 per unit in 2021, shrinking by -6.8% against the previous year. In general, the export price showed a abrupt contraction. Over the period under review, the average export prices hit record highs at $5.2 per unit in 2020, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Morocco.

From 2020 to 2021, the rate of growth in terms of prices for Morocco amounted to -34.0% per year.

Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Algeria

In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds imported into Algeria soared to 613K units, growing by 44% against the year before. Over the period under review, imports, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 109%. Imports peaked at 696K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $2.6M in 2022. In general, imports posted a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 127%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom48.398.3391566127.1%
Turkey53863.046.7484-3.5%
China1,3042951,005433-30.8%
Italy4.37.534.7416359.1%
Spain22.61293.1279131.1%
Belgium8.66.913.913.917.4%
Others27524341840213.5%
Total2,2018421,9132,5955.6%

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

  1. Turkey (383.4K units)
  2. China (82.6K units)
  3. United Kingdom (66.1K units)
  4. Spain (46.3K units)
  5. Italy (11.5K units)
  6. Belgium (10.7K units)

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

In 2021, approx. 60 units of track suits; of synthetic fibres, knitted or crocheteds were exported from Algeria; picking up by 46% compared with 2020. Over the period under review, total exports indicated a significant expansion from 2020 to 2021: its volume increased at an average annual rate of +46.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds surged to $289 in 2021. In general, total exports indicated a significant expansion from 2020 to 2021: its value increased at an average annual rate of +36.3% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Algeria (USD)
COUNTRY20202021CAGR,
2020-2021
Morocco73.0289295.9%
Spain139N/A0%
OthersN/AN/A0%
Total21228936.3%

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

  1. Morocco (60.0 units)

Source: IndexBox Market Intelligence Platform

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