Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana - 2023

Contents:

1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana (CIF) - 2022
2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana (FOB) - 2022
3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana
4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana (CIF) - 2022

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $2.5 per pair in 2022, growing by 6% against the previous year. In general, the import price, however, saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 57% against the previous year. Over the period under review, average import prices reached the peak figure at $6.8 per pair in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($13 per pair), while the price for China ($876 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.9%), 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 Ghana (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $6 per pair in 2022, declining by -72% against the previous year. In general, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of 367% against the previous year. The export price peaked at $21 per pair in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($54 per pair), while the average price for exports to Tanzania amounted to $4.4 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burkina Faso (+79.5%).

Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ghana

In 2022, after two years of decline, there was significant decline in overseas purchases of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume decreased by -14.9% to 130K pairs. Over the period under review, imports, however, posted a significant increase. Over the period under review, imports of reached the maximum at 153K pairs in 2021, and then dropped in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $321K in 2022. In general, imports, however, continue to indicate significant growth. Imports peaked at $356K in 2021, and then reduced in the following year.

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

1. China (77.6K pairs)
2. Australia (13.6K pairs)
3. United Kingdom (8.8K pairs)
4. India (8.2K pairs)
5. France (5.4K pairs)
6. Sweden (4.3K pairs)
7. Sri Lanka (2.4K pairs)
8. United Arab Emirates (1.6K pairs)

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

In 2022, overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -89.7% to 113 pairs, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 80%. As a result, the exports attained the peak of 1.2K pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined remarkably to $676 in 2022. In general, exports faced a abrupt slump. The growth pace was the most rapid in 2020 when exports increased by 741%. Over the period under review, the exports of attained the maximum at $24K in 2021, and then contracted significantly in the following year.

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

1. Tanzania (110.0 pairs)
2. Iceland (2.0 pairs)

Source: IndexBox Market Intelligence Platform