Pakistan - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Pakistan - Track Suits, Ski Suits And Swimwear - Market Analysis, Forecast, Size, Trends and Insights

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Sportswear Price in Pakistan - 2023

Contents:

  1. Sportswear Price in Pakistan (FOB) - 2023
  2. Sportswear Price in Pakistan (CIF) - 2022
  3. Sportswear Exports in Pakistan
  4. Sportswear Imports in Pakistan

Sportswear Price in Pakistan (FOB) - 2023

In April 2023, the average sportswear export price amounted to $7.5 per unit, surging by 17% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $8.1 per unit in December 2022; however, from January 2023 to April 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($13.0 per unit), while the average price for exports to Poland ($3.0 per unit) was amongst the lowest.

From April 2022 to April 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sportswear Price in Pakistan (CIF) - 2022

The average sportswear import price stood at $9.8 per unit in 2022, with an increase of 236% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.2% per year.

Sportswear Exports in Pakistan

For the fourth consecutive year, Pakistan recorded growth in overseas shipments of track suits, ski suits and swimwear, which increased by 12% to 6.9M units in 2022. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sportswear exports expanded slightly to $50M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Sportswear in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates0.60.50.350.3337.7%
Spain1.11.31.2N/A4.4%
Germany1.41.32.4N/A30.9%
Netherlands1.10.61.6N/A20.6%
United Kingdom10.224.225.8N/A59.0%
France1.40.91.7N/A10.2%
Italy1.31.21.6N/A10.9%
Australia1.21.62.6N/A47.2%
United States4.82.95.9N/A10.9%
Others4.02.85.4N/A16.2%
Total27.237.348.650.322.7%

Top Export Markets for Sportswear from Pakistan in 2022:

  1. United Arab Emirates (6.9M units)

Sportswear Imports in Pakistan

In 2022, purchases abroad of track suits, ski suits and swimwear decreased by -67.6% to 22K units, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 17%. As a result, imports attained the peak of 93K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sportswear imports expanded sharply to $217K in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of $234K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Sportswear in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates72.559.778.921744.1%
Thailand8.98.34.3N/A-30.5%
China45.814577.7N/A30.3%
Vietnam11.61.63.8N/A-42.8%
Cambodia4.84.016.3N/A84.3%
Bangladesh16.17.2N/AN/A-55.3%
Others7.08.417.6N/A58.6%
Total1672341992179.1%

Top Suppliers of Sportswear to Pakistan in 2022:

  1. United Arab Emirates (22.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sportswear market in Pakistan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14191210 - Track-suits, of knitted or crocheted textiles
  • Prodcom 14191230 - Ski-suits, of knitted or crocheted textiles
  • Prodcom 14191240 - Men
  • Prodcom 14191250 - Women

Country coverage:

  • Pakistan

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Pakistan
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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In value terms, track suits, swimwear and other garments exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, ...

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