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

Contents:

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

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

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $7.3 per pair, waning by -5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 5.6% against the previous year. As a result, the export price reached the peak level of $8.6 per pair. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($10 per pair), while the average price for exports to Poland ($4.1 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 Brazil (+1.4%), 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 China (CIF) - 2022

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $5.1 per pair in 2022, falling by -11.5% against the previous year. Overall, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 10% against the previous year. The import price peaked at $22 per pair in 2012; however, from 2013 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 Vietnam ($9.6 per pair), while the price for Sri Lanka ($2.5 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (-7.4%), 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 China

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber exported from China expanded markedly to 256M pairs, growing by 14% compared with the previous year's figure. In general, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber rose remarkably to $1.9B in 2022. The total export value increased at an average annual rate of +12.5% 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 2021 with an increase of 24% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3143343744159.7%
Germany96.595.013112910.2%
Japan1011051171267.7%
Poland66.663.479.084.48.2%
France56.962.870.474.09.2%
United Kingdom56.758.573.070.17.3%
Brazil39.332.355.953.911.1%
Canada30.732.837.649.817.5%
Russia23.627.033.145.524.5%
Italy28.428.838.140.512.6%
Netherlands28.732.237.640.111.8%
Kazakhstan24.338.251.935.513.5%
India17.721.325.030.219.5%
Others42246160266816.5%
Total1,3061,3931,7251,86212.6%

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

  1. United States (39.7M pairs)
  2. Poland (20.5M pairs)
  3. Japan (16.2M pairs)
  4. Germany (14.8M pairs)
  5. United Kingdom (9.7M pairs)
  6. Brazil (9.6M pairs)
  7. Russia (8.3M pairs)
  8. France (7.1M pairs)
  9. Kazakhstan (6.8M pairs)
  10. India (6.2M pairs)
  11. Canada (5.7M pairs)
  12. Italy (5.7M pairs)
  13. Netherlands (5.6M pairs)

Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in China

In 2022, approx. 2.3M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into China; increasing by 26% against 2021. Overall, imports posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 113%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber rose remarkably to $11M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.5% 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 +46.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 29%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam0.81.82.83.360.4%
Sri Lanka1.81.11.82.15.3%
South Korea1.51.82.22.111.9%
Pakistan0.60.40.50.810.1%
Malaysia0.80.60.60.7-4.4%
Bangladesh0.4N/A0.20.40.0%
Japan0.70.70.30.3-24.6%
Others1.11.61.71.613.3%
Total7.88.010.211.413.5%

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

  1. Sri Lanka (846.8K pairs)
  2. South Korea (363.2K pairs)
  3. Vietnam (344.5K pairs)
  4. Malaysia (110.1K pairs)
  5. Pakistan (91.5K pairs)
  6. Bangladesh (89.5K pairs)
  7. Japan (70.1K pairs)

Source: IndexBox Market Intelligence Platform

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