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

Contents:

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

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $2.3 per pair in February 2024, growing by 2.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in May 2023 an increase of 36% m-o-m. As a result, import price attained the peak level of $3.0 per pair. From June 2023 to February 2024, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In February 2024, the country with the highest price was Russia ($4.3 per pair), while the price for China totaled $2.1 per pair.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+0.3%).

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Kazakhstan (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $4 per pair, which is down by -6.3% against the previous year. Overall, the export price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 173% against the previous year. As a result, the export price attained the peak level of $8.4 per pair. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($8.1 per pair), while the average price for exports to Russia amounted to $3.9 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kyrgyzstan (+8.7%).

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

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into Kazakhstan surged to 6.6M pairs, rising by 34% compared with the previous year's figure. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.3% 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 decreased by -20.3% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 51% against the previous year. As a result, imports reached the peak of 8.3M pairs. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $19M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 Kazakhstan in 2022:

1. China (5.3M pairs)
2. Russia (1.1M pairs)
3. Uzbekistan (0.1M pairs)
4. Macao SAR (0.1M pairs)

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

After two years of decline, shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by 2,398% to 421K pairs in 2022. In general, exports saw significant growth. As a result, the exports attained 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 $1.7M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Russia (418.4K pairs)
2. Kyrgyzstan (2.1K pairs)

Source: IndexBox Market Intelligence Platform