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

Contents:

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

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

In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $680 per thousand pairs, waning by -28.1% against the previous month. Overall, the import price recorded a perceptible reduction. The pace of growth was the most pronounced in July 2023 when the average import price increased by 36% m-o-m. Over the period under review, average import prices hit record highs at $1.1 per pair in December 2023; however, from January 2024 to April 2024, 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 Sri Lanka ($2.3 per pair), while the price for China totaled $415 per thousand pairs.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Austria (+4.3%), 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 Croatia (FOB) - 2024

In April 2024, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $1.4 per pair, shrinking by -28.9% against the previous month. Over the period under review, the export price, however, saw a pronounced expansion. The most prominent rate of growth was recorded in March 2024 when the average export price increased by 123% m-o-m. The export price peaked at $2.1 per pair in November 2023; however, from December 2023 to April 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In April 2024, the country with the highest price was Bosnia and Herzegovina ($1.6 per pair), while the average price for exports to Montenegro ($915 per thousand pairs) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+15.5%), 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 Croatia

In 2022, approx. 3.5M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Croatia; rising by 45% against the previous year's figure. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 153%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $7.3M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +9.0% 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 +30.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports reached the peak of $8.1M, and then reduced in the following year.

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

1. China (1900.0K pairs)
2. Germany (397.9K pairs)
3. Czech Republic (301.3K pairs)
4. Sri Lanka (241.4K pairs)
5. Austria (126.2K pairs)
6. Poland (102.7K pairs)
7. France (96.1K pairs)
8. Italy (93.2K pairs)
9. Belgium (87.3K pairs)
10. Slovenia (53.7K pairs)

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

For the fourth consecutive year, Croatia recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 66% to 436K pairs in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 108% against the previous year. Over the period under review, the exports of reached the maximum 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 expanded notably to $1.7M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

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

1. Slovenia (185.9K pairs)
2. Bulgaria (66.4K pairs)
3. Bosnia and Herzegovina (63.5K pairs)
4. Serbia (51.3K pairs)
5. Italy (18.5K pairs)
6. Cote d'Ivoire (13.6K pairs)
7. Montenegro (8.0K pairs)
8. Germany (3.8K pairs)

Source: IndexBox Market Intelligence Platform