Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $290 per thousand pairs in April 2024, which is down by -50.8% against the previous month. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in March 2024 when the average import price increased by 125% month-to-month. Over the period under review, average import prices hit record highs at $712 per thousand pairs in December 2023; however, from January 2024 to April 2024, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From April 2023 to April 2024, the rate of growth in terms of prices for Slovenia amounted to +11.1% per month.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $5.4 per pair, dropping by -7.7% against the previous year. Overall, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 1.9%. Over the period under review, the average export prices reached the maximum at $37 per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovakia ($7 per pair), while the average price for exports to Bulgaria ($2.7 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 Croatia (-9.6%), 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 Hungary
In 2022, approx. 16M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Hungary; rising by 93% on 2021. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 107% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $29M in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable 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 Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 4.7 | 6.8 | 9.6 | 31.7% |
| Czech Republic | 3.6 | 3.4 | 3.6 | 4.2 | 5.3% |
| Slovenia | 2.4 | 2.7 | 2.5 | 3.2 | 10.1% |
| Poland | 1.7 | 2.6 | 3.4 | 2.7 | 16.7% |
| France | 2.0 | 1.9 | 1.9 | 2.3 | 4.8% |
| Germany | 1.6 | 1.6 | 1.7 | 1.7 | 2.0% |
| Austria | 0.9 | 0.8 | 0.9 | 0.9 | 0.0% |
| Others | 5.3 | 3.9 | 3.9 | 4.4 | -6.0% |
| Total | 21.7 | 21.5 | 24.6 | 29.0 | 10.1% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Hungary in 2022:
- China (6.8M pairs)
- Slovenia (2.6M pairs)
- Czech Republic (2.2M pairs)
- Poland (1.7M pairs)
- France (0.5M pairs)
- Germany (0.5M pairs)
- Austria (0.4M pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 37% to 456K pairs in 2022. In general, exports showed a significant increase. As a result, the exports reached 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 skyrocketed to $2.4M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.0% against 2019 indices. 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 Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 812 | 993 | 1,043 | 1,242 | 15.2% |
| Slovakia | 186 | 147 | 257 | 323 | 20.2% |
| Czech Republic | 74.4 | 90.1 | 163 | 231 | 45.9% |
| Poland | 52.5 | 12.7 | 38.7 | 130 | 35.3% |
| Slovenia | 59.9 | 58.8 | 51.5 | 70.7 | 5.7% |
| Bulgaria | 27.0 | 19.8 | 19.9 | 49.3 | 22.2% |
| Netherlands | 38.9 | 47.9 | 44.5 | 38.7 | -0.2% |
| Croatia | 69.4 | 40.9 | 59.9 | 37.5 | -18.6% |
| Others | 219 | 264 | 255 | 326 | 14.2% |
| Total | 1,539 | 1,674 | 1,933 | 2,448 | 16.7% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Hungary in 2022:
- Romania (254.0K pairs)
- Slovakia (46.0K pairs)
- Czech Republic (38.6K pairs)
- Poland (37.5K pairs)
- Bulgaria (18.1K pairs)
- Slovenia (16.4K pairs)
- Netherlands (6.7K pairs)
- Croatia (6.4K pairs)
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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