Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil - 2024
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (CIF) - 2024
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (CIF) - 2024
In February 2024, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $3.4 per unit, with a decrease of -46.4% against the previous month. Overall, the import price continues to indicate a deep reduction. The pace of growth appeared the most rapid in January 2024 an increase of 234% m-o-m. The import price peaked at $10.3 per unit in May 2023; however, from June 2023 to February 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Cambodia ($14.2 per unit), while the price for China ($2.4 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+3.5%), while the prices for the other major suppliers experienced a decline.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $14 per unit in 2022, increasing by 66% against the previous year. Over the period under review, export price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for track suits; of synthetic fibres, knitted or crocheteds increased by +94.9% against 2020 indices. The export price peaked at $14 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($25 per unit), while the average price for exports to Paraguay ($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 Portugal (+12.0%), 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 Brazil
In 2022, imports of track suits; of synthetic fibres, knitted or crocheteds into Brazil rose sharply to 422K units, picking up by 13% on the previous year. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds reached $3.8M in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 747 | 1,100 | 1,424 | 1,320 | 20.9% |
| Vietnam | 857 | 886 | 1,172 | 858 | 0.0% |
| Cambodia | 575 | 254 | 261 | 819 | 12.5% |
| Hong Kong SAR | 2.8 | N/A | 0.1 | 245 | 344.0% |
| Bangladesh | 712 | 747 | 544 | 221 | -32.3% |
| Indonesia | 82.5 | N/A | 0.1 | 133 | 17.3% |
| Thailand | 301 | 350 | 43.3 | 53.8 | -43.7% |
| Malaysia | 214 | 134 | N/A | 3.4 | -74.9% |
| Others | 70.3 | 65.4 | 154 | 107 | 15.0% |
| Total | 3,561 | 3,537 | 3,599 | 3,759 | 1.8% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Brazil in 2022:
- China (178.8K units)
- Vietnam (111.6K units)
- Cambodia (60.5K units)
- Hong Kong SAR (27.7K units)
- Bangladesh (17.2K units)
- Thailand (8.9K units)
- Indonesia (8.3K units)
- Malaysia (0.3K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil
In 2022, after three years of growth, there was significant decline in overseas shipments of track suits; of synthetic fibres, knitted or crocheteds, when their volume decreased by -69.9% to 7.7K units. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 178%. The exports peaked at 26K units in 2021, and then shrank remarkably in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds contracted markedly to $107K in 2022. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 104%. The exports peaked at $214K in 2021, and then reduced markedly in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | 4.6 | 34.4 | 36.5 | 181.7% |
| Chile | 2.2 | 5.3 | 18.1 | 19.2 | 105.9% |
| Paraguay | 27.0 | 78.3 | 127 | 9.9 | -28.4% |
| Bolivia | 8.4 | N/A | 5.4 | 8.8 | 1.6% |
| Australia | 1.8 | 3.6 | 6.9 | 8.6 | 68.4% |
| United States | 3.2 | 3.1 | 8.4 | 5.6 | 20.5% |
| Uruguay | N/A | 1.5 | N/A | 3.2 | 46.1% |
| South Africa | N/A | 12.8 | N/A | N/A | 0% |
| Others | 17.1 | 12.5 | 13.8 | 14.9 | -4.5% |
| Total | 59.8 | 122 | 214 | 107 | 21.4% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Brazil in 2022:
- Argentina (2049.0 units)
- Paraguay (1521.0 units)
- Bolivia (1124.0 units)
- Chile (1026.0 units)
- Uruguay (425.0 units)
- United States (407.0 units)
- Australia (347.0 units)
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