Price for Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Price for Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Exports of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka
Price for Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (FOB) - 2022
The average export price for track suits; of cotton, knitted or crocheted stood at $9.9 per unit in 2022, declining by -20.4% against the previous year. In general, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2018 an increase of 68% against the previous year. The export price peaked 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($13 per unit), while the average price for exports to the UK ($5.3 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 India (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $4.1 per unit, increasing by 123% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The import price peaked at $7.5 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Pakistan ($19 per unit), while the price for India ($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 Singapore (+49.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka
Exports of track suits; of cotton, knitted or crocheted from Sri Lanka fell rapidly to 31K units in 2022, with a decrease of -61.3% against 2021. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports reached the peak of 80K units, and then dropped sharply in the following year.
In value terms, exports of track suits; of cotton, knitted or crocheted contracted dramatically to $307K in 2022. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 162% against the previous year. As a result, the exports reached the peak of $996K, and then reduced rapidly in the following year.
| Export of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 8.0 | 69.4 | 559 | 212 | 198.1% |
| Germany | N/A | N/A | 85.5 | 54.7 | -36.0% |
| India | 6.5 | N/A | N/A | 15.2 | 32.7% |
| United States | 30.7 | 26.4 | 2.8 | 13.3 | -24.3% |
| United Arab Emirates | 0.9 | 1.0 | 0.3 | 10.6 | 127.5% |
| United Kingdom | 383 | 138 | 108 | 1.1 | -85.8% |
| South Africa | N/A | 124 | N/A | N/A | 0% |
| Canada | N/A | N/A | 236 | N/A | 0% |
| Others | 33.1 | 22.0 | 5.2 | 0.2 | -81.8% |
| Total | 462 | 381 | 996 | 307 | -12.7% |
Top Export Markets for Track Suits; of Cotton, Knitted or Crocheted from Sri Lanka in 2022:
- Saudi Arabia (22.0K units)
- Germany (4.3K units)
- India (1.8K units)
- United Arab Emirates (1.3K units)
- United States (1.0K units)
- United Kingdom (0.2K units)
Imports of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka
In 2022, overseas purchases of track suits; of cotton, knitted or crocheted decreased by -98.6% to 292 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 251%. As a result, imports attained the peak of 21K units, and then fell markedly in the following year.
In value terms, imports of track suits; of cotton, knitted or crocheted contracted markedly to $1.2K in 2022. Overall, imports saw a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 138%. Imports peaked at $39K in 2021, and then declined sharply in the following year.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.9 | 0.3 | 0.8 | 100.0% |
| Pakistan | N/A | N/A | N/A | 0.1 | 0% |
| India | 10.2 | 12.4 | 37.4 | 0.1 | -78.6% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 11.2 | 1.1 | 0.1 | -90.6% |
| Total | 10.3 | 24.6 | 38.8 | 1.2 | -51.2% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Sri Lanka in 2022:
- China (177.0 units)
- India (100.0 units)
- Pakistan (6.0 units)
- Netherlands (6.0 units)
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