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

Contents:

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

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

The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $6.7 per unit in 2022, dropping by -10.2% against the previous year. Overall, the import price, however, posted a mild expansion. The most prominent rate of growth was recorded in 2016 an increase of 48% against the previous year. As a result, import price attained the peak level of $14 per unit. From 2017 to 2022, the average 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 Indonesia ($28 per unit), while the price for China ($4.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+5.1%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $23 per unit, surging by 43% against the previous year. Over the period under review, the export price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2020 an increase of 116% against the previous year. The export price peaked at $33 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for Brazil amounted to +58.5% per year.

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

In 2022, supplies from abroad of track suits; of synthetic fibres, knitted or crocheteds was finally on the rise to reach 55K units after two years of decline. Overall, imports continue to indicate a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $371K in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15616118022212.5%
Cambodia14.621.611.756.056.5%
Spain23.913.513.229.16.8%
Vietnam13.413.521.025.924.6%
Hong Kong SARN/AN/AN/A22.20%
Bangladesh17.826.72.30.1-82.2%
Thailand25.011.6N/AN/A-53.6%
Others28.813.94.315.7-18.3%
Total27926223337110.0%

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

  1. China (44.9K units)
  2. Vietnam (3.6K units)
  3. Cambodia (2.2K units)
  4. Hong Kong SAR (1.8K units)
  5. Spain (1.2K units)

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

In 2022, approx. 1.2K units of track suits; of synthetic fibres, knitted or crocheteds were exported from Uruguay; which is down by -34.7% against the previous year. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 20,722%. As a result, the exports reached the peak of 1.9K units, and then dropped sharply in the following year.

In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds dropped to $28K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 11,923% against the previous year. As a result, the exports reached the peak of $30K, and then contracted in the following year.

Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BrazilN/AN/A3.728.0656.8%
ChileN/AN/A26.2N/A0%
Paraguay4.0N/AN/AN/A0%
Others0.10.2N/AN/A100.0%
Total4.00.229.928.091.3%

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

  1. Brazil (1.2K units)

Source: IndexBox Market Intelligence Platform

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