Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (FOB) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (CIF) - 2022
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (FOB) - 2024
In April 2024, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $2.8 per pair, increasing by 6.8% against the previous month. Over the period under review, export price indicated a moderate expansion from April 2023 to April 2024: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by +59.7% against October 2023 indices. The growth pace was the most rapid in February 2024 an increase of 34% month-to-month. The export price peaked in April 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($5.0 per pair), while the average price for exports to South Africa ($1.0 per pair) 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 Poland (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (CIF) - 2022
In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $1.8 per pair, dropping by -13.9% against the previous year. Overall, the import price faced a deep slump. The growth pace was the most rapid in 2016 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $16 per pair in 2013; however, from 2014 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 India ($4.3 per pair), while the price for China ($1.1 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-14.9%), while the prices for the other major suppliers experienced a decline.
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 44% to 27M pairs in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2020 when exports increased by 105%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber contracted to $145M in 2022. The total export value increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19%. Over the period under review, the exports of reached the maximum at $153M in 2021, and then dropped in the following year.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 14.6 | 50.9 | 53.7 | 54.1 | 54.7% |
| Germany | 38.8 | 26.8 | 29.2 | 27.6 | -10.7% |
| Netherlands | 12.5 | 18.2 | 18.7 | 13.8 | 3.4% |
| Italy | 12.6 | 11.2 | 13.0 | 12.1 | -1.3% |
| Spain | 5.7 | 7.0 | 6.9 | 6.1 | 2.3% |
| Poland | 3.9 | 3.9 | 4.7 | 4.8 | 7.2% |
| Turkey | 1.9 | 2.7 | 3.0 | 3.5 | 22.6% |
| Czech Republic | 3.7 | 2.7 | 3.0 | 2.8 | -8.9% |
| Austria | 2.0 | 2.7 | 2.7 | 2.8 | 11.9% |
| Romania | 2.9 | 1.7 | 2.1 | 2.4 | -6.1% |
| Portugal | 2.8 | 1.9 | 2.5 | 2.1 | -9.1% |
| Others | 16.9 | 11.4 | 13.0 | 12.5 | -9.6% |
| Total | 118 | 141 | 153 | 145 | 7.1% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Belgium in 2022:
- France (11.0M pairs)
- Germany (4.2M pairs)
- Netherlands (2.5M pairs)
- Italy (2.2M pairs)
- Poland (1.0M pairs)
- Spain (1.0M pairs)
- Czech Republic (0.7M pairs)
- Turkey (0.6M pairs)
- Romania (0.6M pairs)
- Portugal (0.5M pairs)
- Austria (0.5M pairs)
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume decreased by -29.5% to 72M pairs. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 115%. Imports peaked at 103M pairs in 2021, and then fell dramatically in the following year.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined markedly to $127M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 44%. Imports peaked at $210M in 2021, and then dropped dramatically in the following year.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 33.0 | 51.2 | 59.1 | 28.4 | -4.9% |
| Sri Lanka | 41.6 | 57.7 | 69.2 | 26.7 | -13.7% |
| India | 0.1 | 10.1 | 13.8 | 13.0 | 406.6% |
| Netherlands | 9.0 | 11.0 | 12.8 | 11.7 | 9.1% |
| Vietnam | 2.7 | 7.4 | 6.3 | 10.3 | 56.3% |
| Portugal | 13.9 | 14.4 | 10.3 | 9.0 | -13.5% |
| South Korea | 11.7 | 14.3 | 17.3 | 7.0 | -15.7% |
| Others | 15.3 | 17.4 | 20.9 | 21.2 | 11.5% |
| Total | 127 | 184 | 210 | 127 | 0.0% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Belgium in 2022:
- China (25.8M pairs)
- Sri Lanka (15.5M pairs)
- Portugal (7.7M pairs)
- South Korea (5.2M pairs)
- Netherlands (4.0M pairs)
- Vietnam (3.3M pairs)
- India (3.0M pairs)
293
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This report provides an in-depth analysis of the knitted gloves market in Belgium.
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