Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria - 2024

Contents:

  1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria (CIF) - 2022
  2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria (FOB) - 2024
  3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria
  4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $4.6 per pair in 2022, waning by -37.5% against the previous year. Overall, the import price faced a deep setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6.2%. Over the period under review, average import prices hit record highs at $20 per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($9.9 per pair), while the price for Slovakia ($3.2 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-10.3%), while the prices for the other major suppliers experienced a decline.

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria (FOB) - 2024

In April 2024, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $2.3 per pair, increasing by 21% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +3.3%. The pace of growth appeared the most rapid in October 2023 when the average export price increased by 39% m-o-m. As a result, the export price reached the peak level of $2.6 per pair. From November 2023 to April 2024, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($3.1 per pair), while the average price for exports to Serbia ($507 per thousand pairs) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+7.9%), 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 Austria

In 2022, approx. 13M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Austria; jumping by 118% on 2021 figures. In general, imports recorded a significant expansion. 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 $59M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.115.617.323.757.2%
China21.512.113.418.0-5.8%
Sri Lanka6.54.06.47.54.9%
Czech Republic0.50.10.21.440.9%
Pakistan1.40.40.61.0-10.6%
SlovakiaN/AN/A0.10.7600.0%
Others5.14.95.36.810.1%
Total41.137.143.459.112.9%

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

  1. Germany (5.3M pairs)
  2. China (5.2M pairs)
  3. Sri Lanka (0.8M pairs)
  4. Czech Republic (0.3M pairs)
  5. Pakistan (0.2M pairs)
  6. Slovakia (0.2M pairs)

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

In 2022, approx. 6M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were exported from Austria; surging by 50% on the year before. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 141% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded to $25M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.810.512.512.216.1%
Czech Republic0.81.01.31.523.3%
Italy0.70.91.01.219.7%
Switzerland0.90.91.11.210.1%
Hungary1.01.01.01.26.3%
Slovakia0.91.01.11.210.1%
Slovenia0.60.70.80.810.1%
Romania0.50.70.70.711.9%
Poland0.20.51.00.644.2%
Netherlands0.20.50.40.535.7%
France0.20.20.30.426.0%
Croatia0.20.20.20.314.5%
LiechtensteinN/A0.20.20.20.0%
Others1.72.32.32.412.2%
Total15.620.723.924.516.2%

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

  1. Germany (2907.4K pairs)
  2. Czech Republic (430.6K pairs)
  3. Slovakia (402.5K pairs)
  4. Italy (339.3K pairs)
  5. Hungary (262.7K pairs)
  6. Poland (222.3K pairs)
  7. Romania (208.8K pairs)
  8. Slovenia (202.7K pairs)
  9. Switzerland (185.7K pairs)
  10. Netherlands (136.0K pairs)
  11. Croatia (110.4K pairs)
  12. Liechtenstein (109.8K pairs)
  13. France (90.3K pairs)

Source: IndexBox Market Intelligence Platform

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