Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (FOB) - 2022
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (CIF) - 2022
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $28 per pair, waning by -3% against the previous year. In general, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by +17.9% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 68% against the previous year. Over the period under review, the average export prices reached the peak figure at $28 per pair in 2021, and then reduced modestly in the following year.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Argentina ($28 per pair) and Belgium ($28 per pair), while the average price for exports to France ($28 per pair) and Italy ($28 per pair) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (CIF) - 2022
In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $21 per pair, growing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Vietnam ($21 per pair) and Sri Lanka ($21 per pair), while the price for Malaysia ($21 per pair) and China ($21 per pair) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India
Exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from India fell to 729K pairs in 2022, dropping by -6.7% against the year before. The total export volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 31%. As a result, the exports reached the peak of 782K pairs, and then contracted in the following year.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber dropped to $20M in 2022. Overall, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +35.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40%. As a result, the exports attained the peak of $22M, and then dropped in the following year.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 4.7 | 5.0 | 14.2 | 12.4 | 38.2% |
| United Kingdom | 0.6 | 0.9 | 0.9 | 1.2 | 26.0% |
| Spain | 0.5 | 0.2 | 0.8 | 1.2 | 33.9% |
| Italy | 0.7 | 1.1 | 1.0 | 1.1 | 16.3% |
| Germany | 0.6 | 0.6 | 1.4 | 0.9 | 14.5% |
| Argentina | 0.4 | 0.3 | 0.5 | 0.7 | 20.5% |
| France | 4.8 | 5.1 | 0.3 | 0.5 | -52.9% |
| Poland | 0.3 | 0.1 | 0.3 | 0.4 | 10.1% |
| United States | 0.3 | 0.7 | 1.1 | 0.1 | -30.7% |
| Turkey | 0.3 | 0.6 | 0.1 | N/A | -42.3% |
| Others | 1.5 | 1.2 | 1.6 | 1.5 | 0.0% |
| Total | 14.8 | 15.8 | 22.2 | 20.1 | 10.7% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from India in 2022:
- Belgium (451.4K pairs)
- Spain (42.8K pairs)
- United Kingdom (42.0K pairs)
- Italy (38.5K pairs)
- Germany (33.2K pairs)
- Argentina (26.6K pairs)
- France (16.8K pairs)
- Poland (15.7K pairs)
- United States (4.4K pairs)
- Turkey (1.8K pairs)
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India
In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into India fell to 843K pairs, dropping by -2.8% against the previous year. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% 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 +59.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 64%. As a result, imports reached the peak of 867K pairs, and then shrank in the following year.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded remarkably to $17M in 2022. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 73%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 7.4 | 12.0 | 13.5 | 20.1% |
| Bangladesh | 0.2 | 0.3 | 1.4 | 1.3 | 86.6% |
| Sri Lanka | 0.9 | 0.6 | 1.8 | 1.3 | 13.0% |
| Malaysia | 0.6 | 0.6 | 0.3 | 0.5 | -5.9% |
| Vietnam | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Others | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Total | 10.2 | 9.4 | 16.2 | 17.3 | 19.3% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to India in 2022:
- China (655.5K pairs)
- Bangladesh (64.4K pairs)
- Sri Lanka (63.2K pairs)
- Malaysia (24.8K pairs)
- Vietnam (16.2K pairs)
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