Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria - 2022

Contents:

1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria (CIF) - 2022
2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria (FOB) - 2022
3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria
4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria (CIF) - 2022

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $8.1 per pair, with an increase of 25% against the previous year. Over the period under review, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in 2016 an increase of 91%. The import price peaked at $8.9 per pair in 2012; however, from 2013 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 Pakistan ($21 per pair), while the price for China ($7.2 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $19 per pair, surging by 2.5% against the previous year. In general, the export price, however, saw a abrupt contraction. Over the period under review, the average export prices attained the maximum at $37 per pair in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($24 per pair), while the average price for exports to Canada ($4 per pair) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (-2.5%).

Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria

In 2022, approx. 518K pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Algeria; picking up by 2.6% compared with the previous year's figure. Over the period under review, imports, however, showed a noticeable reduction. The growth pace was the most rapid in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of 734K pairs. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $4.2M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Algeria in 2022:

1. China (440.6K pairs)
2. France (59.2K pairs)
3. Pakistan (12.5K pairs)

Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Algeria

In 2022, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Algeria expanded rapidly to 13 pairs, increasing by 8.3% compared with 2021 figures. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 583% against the previous year. As a result, the exports reached the peak of 41 pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber rose notably to $252 in 2022. Over the period under review, exports showed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 483% against the previous year. As a result, the exports attained the peak of $1.2K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Algeria in 2022:

1. Slovenia (8.0 pairs)
2. Luxembourg (4.0 pairs)
3. Canada (1.0 pairs)

Source: IndexBox Market Intelligence Platform