Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile (CIF) - 2024
In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $13.9 per pair, picking up by 6.4% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2024 an increase of 19% against the previous month. As a result, import price reached the peak level of $16.1 per pair. From March 2024 to April 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Pakistan ($26.6 per pair), while the price for Taiwan (Chinese) ($6.5 per pair) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Pakistan (+1.7%), 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 Chile (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $8.6 per pair, with a decrease of -74.2% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 an increase of 39%. Over the period under review, the average export prices attained the peak figure at $33 per pair in 2021, and then reduced remarkably in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bolivia ($41 per pair), while the average price for exports to Colombia ($2.8 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 the United States (+13.8%), 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 Chile
Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Chile surged to 3.1M pairs in 2022, jumping by 24% against the previous year's figure. The total import volume increased at an average annual rate of +14.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. Over the period under review, imports of hit record highs 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 surged to $32M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 11.9 | 18.4 | 22.4 | 29.6% |
| Sri Lanka | 1.6 | 1.4 | 1.7 | 2.7 | 19.1% |
| Pakistan | 0.8 | 0.4 | 1.0 | 1.3 | 17.6% |
| United States | 0.6 | 0.6 | 1.1 | 0.9 | 14.5% |
| Taiwan (Chinese) | 0.8 | 0.6 | 0.9 | 0.7 | -4.4% |
| Others | 2.3 | 2.7 | 2.8 | 4.3 | 23.2% |
| Total | 16.4 | 17.6 | 25.9 | 32.3 | 25.3% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Chile in 2022:
- China (2653.2K pairs)
- Sri Lanka (121.3K pairs)
- Taiwan (Chinese) (91.8K pairs)
- Pakistan (58.0K pairs)
- United States (42.1K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile
For the fourth consecutive year, Chile recorded growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 231% to 103K pairs in 2022. In general, exports showed a significant increase. 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 contracted to $882K in 2022. Overall, total exports indicated a prominent 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 +56.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. As a result, the exports reached the peak of $1M, and then dropped in the following year.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bolivia | 14.2 | 256 | 590 | 317 | 181.6% |
| Mexico | N/A | N/A | N/A | 188 | 0% |
| Peru | 368 | 159 | 205 | 148 | -26.2% |
| Paraguay | 133 | 166 | 213 | 80.8 | -15.3% |
| Colombia | N/A | N/A | N/A | 66.9 | 0% |
| United States | 0.3 | N/A | N/A | 40.1 | 411.3% |
| Argentina | 32.6 | 2.0 | 0.6 | 19.5 | -15.7% |
| Uruguay | 1.4 | 15.7 | 3.2 | 6.1 | 63.3% |
| Others | 13.0 | 15.7 | 20.7 | 15.1 | 5.1% |
| Total | 563 | 615 | 1,033 | 882 | 16.1% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Chile in 2022:
- Mexico (40.6K pairs)
- Colombia (24.2K pairs)
- Peru (20.8K pairs)
- Bolivia (7.8K pairs)
- United States (2.7K pairs)
- Paraguay (2.6K pairs)
- Uruguay (1.7K pairs)
- Argentina (1.4K pairs)
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This report provides an in-depth analysis of the knitted gloves market in Chile.
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