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

Contents:

1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Greece (CIF) - 2024
2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Greece (FOB) - 2022
3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Greece
4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Greece

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $1.0 per pair in April 2024, with an increase of 79% against the previous month. Overall, the import price continues to indicate a modest increase. The most prominent rate of growth was recorded in December 2023 an increase of 130% m-o-m. As a result, import price reached the peak level of $1.9 per pair. From January 2024 to April 2024, the average import prices remained at a somewhat 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 Pakistan ($7.2 per pair), while the price for China ($428 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 Belgium (+0.9%), 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 Greece (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $1.6 per pair, with an increase of 5% against the previous year. In general, the export price, however, saw a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the peak figure at $11 per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($3.5 per pair), while the average price for exports to Italy ($674 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (-7.2%), 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 Greece

For the fourth year in a row, Greece recorded growth in supplies from abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 41% to 2.7M pairs in 2022. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 136%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $5.4M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.9% 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 +48.0% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 45%. As a result, imports attained the peak of $5.7M, and then fell in the following year.

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

1. China (2073.3K pairs)
2. France (112.4K pairs)
3. Germany (82.2K pairs)
4. Hong Kong SAR (63.0K pairs)
5. Italy (62.2K pairs)
6. Belgium (60.2K pairs)
7. Pakistan (54.2K pairs)
8. Poland (43.0K pairs)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume decreased by -13.3% to 197K pairs. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 459%. The exports peaked at 227K pairs in 2021, and then dropped in the following year.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber fell to $316K in 2022. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 148% against the previous year. As a result, the exports reached the peak of $493K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. Cyprus (82.4K pairs)
2. Italy (53.2K pairs)
3. France (14.6K pairs)
4. Germany (10.4K pairs)
5. Hungary (7.0K pairs)
6. Romania (6.5K pairs)
7. Portugal (6.1K pairs)
8. Croatia (4.2K pairs)
9. Lithuania (2.4K pairs)
10. Bulgaria (1.9K pairs)

Source: IndexBox Market Intelligence Platform