Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Libya - 2022

Contents:

  1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Libya (CIF) - 2022
  2. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Libya

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

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $7.5 per pair, rising by 9.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2013 an increase of 22% against the previous year. Over the period under review, average import prices hit record highs at $7.6 per pair in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($60 per pair), while the price for China ($6 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -45.3% to 94K pairs in 2022. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 91% against the previous year. As a result, imports reached the peak of 171K pairs, and then declined dramatically in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber dropped significantly to $700K in 2022. Over the period under review, imports, however, showed a prominent expansion. The pace of growth was the most pronounced in 2021 with an increase of 108%. As a result, imports attained the peak of $1.2M, and then contracted markedly in the following year.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19219470831117.4%
South Korea17119931225914.8%
Turkey22.282.341.326.96.6%
United Kingdom25.426.86.821.8-5.0%
Others48.459.210281.318.9%
Total4595621,17070015.1%

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

  1. China (51.7K pairs)
  2. South Korea (33.5K pairs)
  3. Turkey (3.5K pairs)
  4. United Kingdom (1.2K pairs)

Source: IndexBox Market Intelligence Platform

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