Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt (CIF) - 2022
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt (CIF) - 2022
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $21 per pair in 2022, rising by 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Turkey ($21 per pair) and the United States ($21 per pair), while the price for the Netherlands ($17 per pair) and Vietnam ($19 per pair) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+8.7%), 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 Egypt (FOB) - 2022
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $21 per pair in 2022, increasing by 20% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The export price peaked at $26 per pair in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($21 per pair), while the average price for exports to the United States amounted to $21 per pair.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-1.3%).
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt
After three years of growth, overseas purchases of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -23.7% to 90K pairs in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +7.7% 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 +25.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. As a result, imports attained the peak of 118K pairs, and then reduced dramatically in the following year.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber fell to $1.9M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +45.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 62%. As a result, imports attained the peak of $2.2M, and then fell in the following year.
Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 542 | 573 | 1,246 | 968 | 21.3% |
Indonesia | 75.4 | 44.8 | 119 | 254 | 49.9% |
Sri Lanka | 169 | 323 | 265 | 243 | 12.9% |
Portugal | 10.3 | 8.5 | 14.1 | 133 | 134.6% |
Spain | 13.2 | 41.0 | 27.1 | 45.8 | 51.4% |
Pakistan | 75.9 | 28.0 | 172 | 41.3 | -18.4% |
Netherlands | 16.3 | 25.2 | 26.4 | 23.7 | 13.3% |
United States | 64.1 | 14.3 | 10.9 | 16.9 | -35.9% |
Malaysia | 0.9 | 4.5 | 96.3 | 5.9 | 87.2% |
Turkey | 57.2 | 95.8 | 52.9 | 1.3 | -71.7% |
Others | 268 | 182 | 147 | 142 | -19.1% |
Total | 1,293 | 1,340 | 2,177 | 1,876 | 13.2% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Egypt in 2022:
- China (47.2K pairs)
- Indonesia (12.4K pairs)
- Sri Lanka (11.8K pairs)
- Portugal (6.5K pairs)
- Spain (2.2K pairs)
- Pakistan (2.0K pairs)
- Netherlands (1.4K pairs)
- United States (0.8K pairs)
- Malaysia (0.3K pairs)
- Turkey (0.1K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Egypt
In 2022, approx. 12K pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were exported from Egypt; jumping by 1,734% on 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained 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 surged to $251K in 2022. Over the period under review, exports saw a significant 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 Egypt (Thousand USD) | |||
---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
United States | 9.4 | 232 | 2368.1% |
Netherlands | N/A | 16.1 | 0% |
Others | 2.0 | 3.3 | 65.0% |
Total | 11.4 | 251 | 2101.8% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Egypt in 2022:
- United States (10.9K pairs)
- Netherlands (0.8K pairs)
This report provides an in-depth analysis of the knitted gloves market in Egypt.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
This report provides an in-depth analysis of the knitted gloves market in Egypt.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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