Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Singapore - 2023

Contents:

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

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $39 per unit in 2022, with an increase of 19% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 105% against the previous year. The import price peaked at $44 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($239 per unit), while the price for Indonesia ($11 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $23 per unit in 2022, picking up by 4.6% against the previous year. Overall, the export price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 167%. As a result, the export price reached the peak level of $35 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($103 per unit), while the average price for exports to the Netherlands ($11 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 Japan (+18.8%), 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 Singapore

Imports of track suits; of synthetic fibres, knitted or crocheteds into Singapore surged to 58K units in 2022, jumping by 18% on 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +109.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. 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 skyrocketed to $2.2M in 2022. Overall, imports continue to indicate a significant increase. 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 Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy7368528589127.4%
Denmark18.021.5176570216.4%
Indonesia6.474.1164276250.7%
Vietnam5.451.795.0127186.5%
Malaysia38145.055.998.9-36.2%
LithuaniaN/A3.021.583.5427.6%
Taiwan (Chinese)27.838.17.253.624.5%
China25.754.997.923.6-2.8%
Others55.285.412299.321.6%
Total1,2561,2261,5982,24321.3%

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

  1. Indonesia (24.1K units)
  2. Malaysia (8.3K units)
  3. Denmark (6.9K units)
  4. Vietnam (4.4K units)
  5. Italy (3.8K units)
  6. Taiwan (Chinese) (2.3K units)
  7. Lithuania (1.8K units)
  8. China (1.5K units)

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

In 2022, approx. 82K units of track suits; of synthetic fibres, knitted or crocheteds were exported from Singapore; growing by 157% on 2021 figures. Overall, exports saw a significant increase. As a result, the exports reached 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 $1.9M in 2022. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia52.6340387759143.5%
JapanN/A0.86.12761757.4%
Australia0.817.540.7148469.8%
Thailand1.214.09.0116358.9%
GermanyN/AN/A49.293.690.2%
South Korea8.551.01.763.595.5%
Vietnam19.470.942.553.240.0%
Netherlands2460.9N/A49.2-41.5%
QatarN/A4.85.943.3200.3%
Malaysia26.04.010.038.714.2%
United States1000.21.333.4-30.6%
Sri LankaN/AN/AN/A28.10%
India0.67.613.321.7230.7%
Others15.229.8129148113.5%
Total4715426961,87258.4%

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

  1. Indonesia (30.9K units)
  2. Germany (8.5K units)
  3. Australia (6.4K units)
  4. South Korea (5.6K units)
  5. Netherlands (4.5K units)
  6. Japan (2.7K units)
  7. United States (2.7K units)
  8. Malaysia (2.7K units)
  9. Sri Lanka (2.5K units)
  10. Thailand (2.5K units)
  11. Vietnam (2.1K units)
  12. India (1.5K units)
  13. Qatar (1.4K units)

Source: IndexBox Market Intelligence Platform

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