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

Contents:

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

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

In May 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $7.7 per pair, surging by 16% against the previous month. Over the period from May 2023 to May 2024, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 21% month-to-month. As a result, import price attained the peak level of $7.8 per pair. From September 2023 to May 2024, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($26.7 per pair), while the price for China ($5.3 per pair) was amongst the lowest.

From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Sri Lanka (+0.1%), 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 Brazil (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $16 per pair in 2022, picking up by 114% against the previous year. Over the period under review, the export price enjoyed noticeable growth. The export price peaked at $22 per pair in 2017; however, from 2018 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 Peru ($49 per pair), while the average price for exports to Malta ($2.1 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 Liberia (+21.9%), 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 Brazil

In 2022, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Brazil skyrocketed to 8.2M pairs, rising by 16% against the previous year's figure. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $69M in 2022. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 59%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.024.940.853.625.7%
Sri Lanka6.24.46.27.67.0%
Pakistan2.31.72.44.323.2%
Indonesia0.60.41.00.5-5.9%
Others4.32.23.23.5-6.6%
Total40.433.653.569.419.8%

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

  1. China (7.2M pairs)
  2. Sri Lanka (0.3M pairs)
  3. Pakistan (0.3M pairs)
  4. Indonesia (0.2M pairs)

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

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber exported from Brazil soared to 60K pairs, growing by 205% on 2021. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak 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 soared to $989K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru1.23.60.1355566.3%
United StatesN/AN/A2.52017940.0%
Paraguay50.454.970.214341.6%
Mexico3.01.0N/A124245.8%
Uruguay1.33.918.661.5261.7%
Panama3.63.85.433.1109.5%
Marshall Islands3.05.75.010.350.9%
Angola15.20.11.98.7-17.0%
Liberia2.35.46.47.347.0%
Malta1.81.01.93.727.1%
Hong Kong SAR1.93.01.43.421.4%
BeninN/A3.01.03.11.7%
OmanN/A107N/AN/A0%
Others46.119.137.135.5-8.3%
Total13021115198996.7%

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

  1. Paraguay (16.0K pairs)
  2. Uruguay (9.9K pairs)
  3. Peru (7.3K pairs)
  4. United States (6.7K pairs)
  5. Mexico (4.2K pairs)
  6. Panama (3.4K pairs)
  7. Marshall Islands (2.4K pairs)
  8. Liberia (1.9K pairs)
  9. Malta (1.7K pairs)
  10. Hong Kong SAR (0.8K pairs)
  11. Angola (0.6K pairs)
  12. Benin (0.5K pairs)

Source: IndexBox Market Intelligence Platform

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