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

Contents:

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

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

In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $309 per thousand pairs, falling by -29.8% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in March 2024 when the average import price increased by 102% against the previous month. Over the period under review, average import prices hit record highs at $610 per thousand pairs in December 2023; however, from January 2024 to April 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Turkey ($1.0 per pair), while the price for China stood at $306 per thousand pairs.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.7%), 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 Bulgaria (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $11 per pair, falling by -27% against the previous year. In general, the export price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of 165%. Over the period under review, the average export prices hit record highs at $15 per pair in 2021, and then contracted significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($21 per pair), while the average price for exports to Malta ($1.8 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 Kosovo (+64.8%), 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 Bulgaria

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into Bulgaria surged to 1M pairs, rising by 20% on the year before. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $6.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +50.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25% against the previous year. Imports peaked 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 Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3,3083,3484,2324,89614.0%
Germany15312725536433.5%
Czech Republic357245268255-10.6%
Romania65.268.090.619343.6%
France179127139143-7.2%
Poland63.866.510313026.8%
LithuaniaN/A13.536.937.165.8%
Others5194234146296.6%
Total4,6454,4195,5376,64812.7%

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

  1. China (824.6K pairs)
  2. Poland (40.4K pairs)
  3. Germany (33.3K pairs)
  4. Romania (32.3K pairs)
  5. Czech Republic (19.4K pairs)
  6. France (16.8K pairs)
  7. Lithuania (16.0K pairs)

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

In 2022, overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were finally on the rise to reach 34K pairs for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate strong growth. 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 $384K in 2022. Overall, exports recorded a resilient expansion. As a result, the exports attained 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 Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey18.3N/AN/A75.760.5%
Romania72.451.341.256.5-7.9%
Greece51.05.719.246.5-3.0%
North Macedonia41.150.241.330.4-9.6%
UkraineN/AN/A0.827.13287.5%
Switzerland1.73.11.424.1142.0%
IraqN/AN/AN/A22.20%
United KingdomN/A26.51.917.2-19.4%
KosovoN/A10.623.613.211.6%
Germany1.20.96.313.2122.4%
Serbia32.110.52.29.8-32.7%
PolandN/AN/A1.85.1183.3%
MaltaN/A1.5N/A2.221.1%
Others53.097.028.941.2-8.1%
Total27125716938412.3%

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

  1. North Macedonia (4.8K pairs)
  2. Romania (4.2K pairs)
  3. Turkey (3.6K pairs)
  4. Ukraine (3.2K pairs)
  5. Greece (2.9K pairs)
  6. Kosovo (2.6K pairs)
  7. Iraq (2.5K pairs)
  8. United Kingdom (2.0K pairs)
  9. Poland (1.3K pairs)
  10. Germany (1.3K pairs)
  11. Malta (1.2K pairs)
  12. Switzerland (1.1K pairs)
  13. Serbia (0.5K pairs)

Source: IndexBox Market Intelligence Platform

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