Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia (CIF) - 2024
In April 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $761 per thousand pairs, rising by 48% against the previous month. Overall, the import price, however, recorded a slight curtailment. The most prominent rate of growth was recorded in September 2023 an increase of 68% against the previous month. As a result, import price attained the peak level of $1.0 per pair. From October 2023 to April 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2.6 per pair), while the price for Lithuania ($450 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 Poland (+2.5%), 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 Latvia (FOB) - 2022
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $15 per pair in 2022, with a decrease of -4.3% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices reached the peak figure at $16 per pair in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($36 per pair), while the average price for exports to Finland ($3.8 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 Canada (+17.8%), 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 Latvia
In 2022, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Latvia skyrocketed to 2.1M pairs, jumping by 68% against the previous year's figure. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 108%. 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 $3.8M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 21%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 492 | 612 | 786 | 872 | 21.0% |
| Lithuania | 403 | 749 | 754 | 779 | 24.6% |
| Germany | 236 | 355 | 413 | 474 | 26.2% |
| China | 528 | 287 | 373 | 467 | -4.0% |
| Poland | 107 | 157 | 241 | 357 | 49.4% |
| Sweden | 204 | 187 | 244 | 218 | 2.2% |
| Pakistan | 87.6 | 59.2 | 38.6 | 132 | 14.6% |
| Others | 322 | 464 | 442 | 549 | 19.5% |
| Total | 2,380 | 2,870 | 3,291 | 3,849 | 17.4% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Latvia in 2022:
- China (514.2K pairs)
- Lithuania (478.9K pairs)
- Estonia (451.9K pairs)
- Poland (190.2K pairs)
- Germany (153.1K pairs)
- Pakistan (93.2K pairs)
- Sweden (52.7K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia
In 2022, shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -26% to 51K pairs, falling for the second year in a row after two years of growth. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 81% against the previous year. As a result, the exports attained the peak of 70K pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber reduced markedly to $752K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -32.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 87% against the previous year. As a result, the exports reached the peak of $1.1M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 224 | 407 | 427 | 285 | 8.4% |
| Lithuania | 181 | 240 | 287 | 171 | -1.9% |
| Spain | 83.9 | 172 | 123 | 112 | 10.1% |
| Estonia | 52.7 | 88.9 | 101 | 106 | 26.2% |
| Sweden | 13.7 | 26.0 | 5.9 | 43.4 | 46.9% |
| Russia | 5.0 | 128 | 96.0 | 9.5 | 23.9% |
| Finland | 15.4 | 24.0 | 13.0 | 6.1 | -26.6% |
| Others | 21.5 | 30.9 | 8.5 | 18.3 | -5.2% |
| Total | 598 | 1,117 | 1,062 | 752 | 7.9% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Latvia in 2022:
- Germany (17.8K pairs)
- Lithuania (11.9K pairs)
- Spain (11.1K pairs)
- Estonia (5.3K pairs)
- Finland (1.6K pairs)
- Sweden (1.2K pairs)
- Russia (0.4K 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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