Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland (CIF) - 2024
In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $790 per thousand pairs, reducing by -53% against the previous month. Over the period under review, the import price showed a perceptible slump. The most prominent rate of growth was recorded in March 2024 an increase of 44% against the previous month. As a result, import price attained the peak level of $1.7 per pair, and then contracted markedly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($1.6 per pair), while the price for China ($692 per thousand pairs) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Sweden (+1.7%), 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 Finland (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $3.9 per pair, shrinking by -16.4% against the previous year. Over the period under review, the export price showed a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. As a result, the export price attained the peak level of $25 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 ($6.2 per pair), while the average price for exports to France ($2.6 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 Canada (-10.9%), while the prices for the other major destinations experienced a decline.
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland
Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Finland soared to 10M pairs in 2022, rising by 79% compared with the previous year's figure. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 96% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $28M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports reached 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 Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.3 | 6.4 | 7.3 | 8.9 | -4.8% |
| Sweden | 0.7 | 6.0 | 6.6 | 6.8 | 113.4% |
| Sri Lanka | 5.1 | 2.2 | 2.4 | 3.1 | -15.3% |
| South Korea | 3.2 | 2.8 | 2.9 | 3.0 | -2.1% |
| Czech Republic | N/A | 1.2 | 1.0 | 1.0 | -8.7% |
| Austria | N/A | 0.3 | 0.6 | 0.9 | 73.2% |
| Pakistan | 1.0 | 0.6 | 0.4 | 0.5 | -20.6% |
| Others | 1.3 | 4.1 | 2.8 | 3.6 | 40.4% |
| Total | 21.7 | 23.5 | 23.8 | 27.8 | 8.6% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Finland in 2022:
- China (3.8M pairs)
- Sweden (3.4M pairs)
- Czech Republic (0.9M pairs)
- Sri Lanka (0.7M pairs)
- South Korea (0.4M pairs)
- Austria (0.3M pairs)
- Pakistan (0.2M pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland
For the fourth consecutive year, Finland recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 1.9% to 453K pairs in 2022. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 72%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber contracted to $1.8M in 2022. Overall, exports, however, continue to indicate a perceptible decrease. The pace of growth was the most pronounced in 2021 with an increase of 4.8% against the previous year. As a result, the exports reached the peak of $2.1M, and then shrank in the following year.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,006 | 997 | 1,023 | 824 | -6.4% |
| Estonia | 485 | 510 | 448 | 474 | -0.8% |
| Sweden | 169 | 80.5 | 140 | 123 | -10.0% |
| Canada | 22.4 | 41.6 | 41.4 | 71.5 | 47.2% |
| Latvia | 30.2 | 29.0 | 33.1 | 67.4 | 30.7% |
| United States | 67.3 | 32.1 | 78.8 | 47.7 | -10.8% |
| Norway | 60.2 | 74.9 | 46.5 | 32.2 | -18.8% |
| France | 19.4 | 26.9 | 28.4 | 26.3 | 10.7% |
| Others | 114 | 176 | 225 | 89.5 | -7.7% |
| Total | 1,974 | 1,968 | 2,063 | 1,756 | -3.8% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Finland in 2022:
- Russia (208.2K pairs)
- Estonia (150.0K pairs)
- Sweden (26.9K pairs)
- Canada (12.5K pairs)
- Latvia (11.1K pairs)
- Norway (10.8K pairs)
- France (10.2K pairs)
- United States (7.7K pairs)
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This report provides an in-depth analysis of the knitted gloves market in Finland.
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This report provides an in-depth analysis of the knitted gloves market in Finland.
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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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