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

Contents:

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

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $738 per thousand pairs in April 2024, declining by -55.4% against the previous month. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in February 2024 when the average import price increased by 124% month-to-month. The import price peaked at $1.9 per pair in December 2023; however, from January 2024 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($5.5 per pair), while the price for Pakistan ($246 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 Vietnam (+18.4%), 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 Ireland (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $3.3 per pair in 2022, picking up by 39% against the previous year. In general, the export price, however, recorded a deep setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $16 per pair in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($6.9 per pair), while the average price for exports to the UK ($2.6 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 the UK (-11.1%), 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 Ireland

Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Ireland surged to 4.5M pairs in 2022, with an increase of 33% against the previous year. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber dropped to $12M in 2022. Overall, imports, however, saw a pronounced slump. The growth pace was the most rapid in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of attained the peak figure at $13M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ireland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.81.24.24.434.7%
Sri Lanka6.41.12.51.9-33.3%
Pakistan0.90.71.41.518.6%
United Kingdom1.83.61.50.7-27.0%
Germany0.70.60.10.5-10.6%
France0.10.20.20.458.7%
Malaysia0.1N/A0.40.458.7%
Others0.90.61.91.826.0%
Total12.67.912.311.6-2.7%

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

  1. China (2421.1K pairs)
  2. Pakistan (420.0K pairs)
  3. United Kingdom (356.7K pairs)
  4. Germany (346.5K pairs)
  5. Sri Lanka (228.4K pairs)
  6. Malaysia (186.7K pairs)
  7. France (98.6K pairs)

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

In 2022, overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -56.1% to 280K pairs for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a moderate expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 120% against the previous year. As a result, the exports reached the peak of 636K pairs, and then dropped remarkably in the following year.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber dropped notably to $935K in 2022. Over the period under review, exports faced a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of $1.5M, and then dropped rapidly in the following year.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,0268321,177654-13.9%
Germany24.483.958.242.920.7%
Mexico12631.047.225.4-41.4%
Others13523425421316.4%
Total1,3111,1811,536935-10.7%

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

  1. United Kingdom (247.9K pairs)
  2. Germany (6.2K pairs)
  3. Mexico (4.8K pairs)

Source: IndexBox Market Intelligence Platform

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