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

Contents:

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

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

In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $861 per thousand pairs, declining by -23.2% against the previous month. Overall, the import price saw a pronounced decline. The growth pace was the most rapid in March 2024 when the average import price increased by 32% month-to-month. The import price peaked at $1.1 per pair in April 2023; however, from May 2023 to April 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Vietnam ($1.9 per pair), while the price for China ($683 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 the Netherlands (+4.6%), 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 Germany (FOB) - 2024

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $2.1 per pair in April 2024, growing by 31% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +2.1%. The growth pace was the most rapid in February 2024 an increase of 41% m-o-m. As a result, the export price attained the peak level of $2.3 per pair. From March 2024 to April 2024, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In April 2024, the country with the highest price was the United States ($5.0 per pair), while the average price for exports to the United Arab Emirates ($1.5 per pair) 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 France (+1.3%), 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 Germany

In 2022, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Germany skyrocketed to 119M pairs, picking up by 75% against 2021. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 118%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber rose rapidly to $364M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. 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 Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1311101321627.3%
Sri Lanka54.738.159.058.32.1%
Belgium10.633.635.528.639.2%
Netherlands3.618.115.325.892.8%
Pakistan24.221.626.521.9-3.3%
France0.512.312.711.1181.1%
Austria2.410.012.310.161.4%
Denmark2.95.46.06.832.9%
Sweden0.93.04.65.886.1%
Others47.623.631.533.5-11.1%
Total2782763363649.4%

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

  1. China (69.2M pairs)
  2. Sri Lanka (11.6M pairs)
  3. Netherlands (8.1M pairs)
  4. Pakistan (5.8M pairs)
  5. Belgium (5.2M pairs)
  6. Denmark (3.4M pairs)
  7. Austria (2.3M pairs)
  8. France (2.3M pairs)
  9. Sweden (2.2M pairs)

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

For the fourth consecutive year, Germany recorded growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 58% to 30M pairs in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 117%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $120M in 2022. The total export value increased at an average annual rate of +10.1% 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 when exports increased by 22% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria17.618.722.322.89.0%
Poland12.613.419.719.916.5%
France7.48.110.010.512.4%
Italy5.97.29.310.119.6%
Netherlands6.16.27.46.41.6%
Switzerland5.05.25.95.95.7%
Belgium3.64.64.14.14.4%
Spain2.53.13.84.017.0%
Finland1.82.13.13.626.0%
Czech Republic2.52.93.43.28.6%
Denmark2.42.63.03.07.7%
United Kingdom2.82.92.82.5-3.7%
Hungary2.62.22.42.4-2.6%
Others16.717.020.721.38.4%
Total89.696.311812010.2%

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

  1. Poland (6.3M pairs)
  2. Austria (5.8M pairs)
  3. Italy (2.7M pairs)
  4. France (2.4M pairs)
  5. Netherlands (1.4M pairs)
  6. Spain (1.4M pairs)
  7. Switzerland (1.1M pairs)
  8. Czech Republic (0.9M pairs)
  9. Finland (0.8M pairs)
  10. Denmark (0.7M pairs)
  11. Belgium (0.7M pairs)
  12. Hungary (0.5M pairs)
  13. United Kingdom (0.4M pairs)

Source: IndexBox Market Intelligence Platform

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