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

Contents:

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

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

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $12 per pair, picking up by 15% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by +57.7% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by 31% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($92 per pair), while the price for China ($4.3 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $16 per pair, shrinking by -10.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 69%. Over the period under review, the average export prices attained the maximum at $19 per pair 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 Mozambique ($120 per pair), while the average price for exports to Portugal ($1 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+46.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Angola surged to 106K pairs in 2022, picking up by 63% compared with the year before. In general, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber surged to $1.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (65.6K pairs)
2. France (11.0K pairs)
3. Portugal (10.4K pairs)
4. United Kingdom (7.7K pairs)
5. South Africa (1.8K pairs)
6. Belgium (1.6K pairs)
7. Italy (1.5K pairs)

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

For the third consecutive year, Angola recorded decline in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which decreased by -11.5% to 23 pairs in 2022. Over the period under review, exports saw a abrupt descent. The smallest decline of -10% was in 2020. Over the period under review, the exports of attained the peak figure at 40 pairs in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber reduced notably to $375 in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 6.1%. As a result, the exports attained the peak of $486. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United Kingdom (10.0 pairs)
2. Singapore (3.0 pairs)
3. Germany (3.0 pairs)
4. South Africa (2.0 pairs)
5. Portugal (1.0 pairs)
6. Mozambique (1.0 pairs)
7. Belgium (1.0 pairs)
8. Namibia (1.0 pairs)
9. Norway (1.0 pairs)

Source: IndexBox Market Intelligence Platform