Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $378 per thousand pairs in April 2024, dropping by -5.9% against the previous month. Over the period under review, the import price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in October 2023 when the average import price increased by 46% month-to-month. Over the period under review, average import prices hit record highs at $828 per thousand pairs in April 2023; however, from May 2023 to April 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($2.4 per pair), while the price for China ($275 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 China (+2.2%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $8.3 per pair, dropping by -12.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 57%. The export price peaked at $11 per pair in 2018; however, from 2019 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 Russia ($18 per pair), while the average price for exports to Cyprus ($2.7 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 Russia (+5.8%), 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 Lithuania
For the fourth year in a row, Lithuania recorded growth in purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 30% to 1.7M pairs in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.5% 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 +66.2% against 2019 indices. As a result, imports reached 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 soared to $10M in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.4% 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 increased by +74.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3,423 | 3,378 | 4,316 | 6,160 | 21.6% |
| Germany | 375 | 324 | 405 | 941 | 35.9% |
| Poland | 352 | 324 | 664 | 847 | 34.0% |
| Sweden | 500 | 677 | 1,042 | 736 | 13.8% |
| Czech Republic | 148 | 87.2 | 231 | 301 | 26.7% |
| Estonia | 122 | 118 | 195 | 217 | 21.2% |
| Latvia | 165 | 179 | 255 | 195 | 5.7% |
| Others | 867 | 938 | 725 | 988 | 4.5% |
| Total | 5,951 | 6,025 | 7,832 | 10,384 | 20.4% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Lithuania in 2022:
- China (1103.4K pairs)
- Czech Republic (155.8K pairs)
- Germany (107.7K pairs)
- Poland (97.6K pairs)
- Sweden (68.2K pairs)
- Latvia (51.5K pairs)
- Estonia (41.3K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania
For the fourth consecutive year, Lithuania recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 26% to 204K pairs in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.9% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded sharply to $1.7M in 2022. The total export value increased at an average annual rate of +14.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 26%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 622 | 811 | 854 | 752 | 6.5% |
| Kazakhstan | 39.8 | 81.9 | 7.9 | 314 | 99.1% |
| Estonia | 83.8 | 93.8 | 115 | 139 | 18.4% |
| Russia | 167 | 154 | 168 | 134 | -7.1% |
| Germany | 37.1 | 50.2 | 31.1 | 49.6 | 10.2% |
| Bulgaria | 7.1 | 35.3 | 61.1 | 47.4 | 88.3% |
| United Kingdom | 0.5 | 20.6 | 73.2 | 44.0 | 344.8% |
| Cyprus | 0.1 | 2.2 | 5.7 | 26.1 | 539.1% |
| Others | 157 | 158 | 207 | 181 | 4.9% |
| Total | 1,114 | 1,406 | 1,525 | 1,688 | 14.9% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Lithuania in 2022:
- Latvia (81.1K pairs)
- Kazakhstan (39.4K pairs)
- Germany (17.0K pairs)
- Estonia (13.5K pairs)
- United Kingdom (13.3K pairs)
- Cyprus (9.6K pairs)
- Russia (7.3K pairs)
- Bulgaria (6.9K 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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