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

Contents:

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

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

In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $15.4 per pair, rising by 4% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2024 an increase of 20% month-to-month. The import price peaked at $17.0 per pair in August 2023; however, from September 2023 to April 2024, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Vietnam ($22.2 per pair), while the price for China ($11.2 per pair) was amongst the lowest.

From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+0.5%), 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 Japan (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $30 per pair, dropping by -4.8% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 21% against the previous year. The export price peaked at $32 per pair in 2021, and then declined in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($40 per pair), while the average price for exports to Norway ($16 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 China (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by 9.8% to 13M pairs in 2022. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $204M in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (7.7M pairs)
2. Malaysia (2.7M pairs)
3. Vietnam (1.9M pairs)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume increased by 62% to 30K pairs. Over the period under review, exports, however, recorded a abrupt decline. Over the period under review, the exports of hit record highs at 48K pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $910K in 2022. In general, exports, however, continue to indicate a abrupt curtailment. Over the period under review, the exports of hit record highs at $1.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. China (7.3K pairs)
2. Brazil (6.3K pairs)
3. United States (2.8K pairs)
4. Norway (2.8K pairs)
5. Iceland (2.3K pairs)
6. Taiwan (Chinese) (1.8K pairs)
7. Canada (1.6K pairs)
8. Chile (1.6K pairs)
9. Vietnam (1.1K pairs)
10. South Korea (0.3K pairs)

Source: IndexBox Market Intelligence Platform