Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia (FOB) - 2024
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $9.9 per pair in February 2024, reducing by -27.2% against the previous month. Overall, the import price showed a noticeable setback. The pace of growth was the most pronounced in December 2023 when the average import price increased by 17% m-o-m. The import price peaked at $19.0 per pair in June 2023; however, from July 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($77.9 per pair), while the price for China ($8.5 per pair) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Portugal (+8.4%), 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 Colombia (FOB) - 2024
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $30.0 per pair in February 2024, increasing by 29% against the previous month. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in October 2023 an increase of 67% m-o-m. Over the period under review, the average export prices hit record highs at $79.7 per pair in February 2023; however, from March 2023 to February 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($34.6 per pair), while the average price for exports to Ecuador ($11.3 per pair) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+7.8%), 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 Colombia
In 2022, approx. 925K pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Colombia; rising by 46% against 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +65.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $14M in 2022. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 3.8 | 5.3 | 7.8 | 22.9% |
| Sri Lanka | 1.6 | 1.4 | 1.3 | 2.4 | 14.5% |
| Pakistan | 1.9 | 1.2 | 1.1 | 1.5 | -7.6% |
| Portugal | 0.2 | 0.2 | 0.2 | 0.9 | 65.1% |
| Bangladesh | N/A | N/A | 0.1 | 0.6 | 500.0% |
| South Korea | 1.0 | 0.2 | 0.2 | 0.3 | -33.1% |
| India | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Others | 0.8 | 0.5 | 0.5 | 0.9 | 4.0% |
| Total | 9.7 | 7.5 | 8.7 | 14.3 | 13.8% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Colombia in 2022:
- China (596.9K pairs)
- Sri Lanka (167.0K pairs)
- Pakistan (65.7K pairs)
- Portugal (28.6K pairs)
- Bangladesh (26.0K pairs)
- South Korea (7.0K pairs)
- India (2.9K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Colombia
In 2022, shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by 387% to 19K pairs for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a strong 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 soared to $487K in 2022. Over the period under review, exports posted significant growth. 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 Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 92.1 | 17.7 | 54.3 | 197 | 28.8% |
| Peru | 76.9 | 57.3 | 2.3 | 162 | 28.2% |
| Chile | 0.1 | 0.8 | 0.9 | 55.0 | 719.3% |
| El Salvador | N/A | N/A | N/A | 30.3 | 0% |
| Mexico | N/A | N/A | 1.2 | 27.0 | 2150.0% |
| United States | 1.2 | 23.9 | 4.8 | 6.2 | 72.9% |
| Venezuela | 4.8 | 14.8 | N/A | N/A | 208.3% |
| Others | 12.5 | 29.6 | 27.0 | 9.4 | -9.1% |
| Total | 188 | 144 | 90.5 | 487 | 37.3% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Colombia in 2022:
- Ecuador (8.7K pairs)
- Peru (7.7K pairs)
- Chile (1.3K pairs)
- El Salvador (0.9K pairs)
- Mexico (0.5K pairs)
- United States (0.1K pairs)
256
This report provides an in-depth analysis of the knitted gloves market in Colombia.
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This report provides an in-depth analysis of the knitted gloves market in Colombia.
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Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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