Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $1.8 per pair in January 2024, dropping by -33.5% against the previous month. In general, the import price, however, continues to indicate a temperate increase. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 133% month-to-month. Over the period under review, average import prices reached the maximum at $2.7 per pair in October 2023; however, from November 2023 to January 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Belgium ($3.6 per pair), while the price for Germany ($990 per thousand pairs) was amongst the lowest.
From March 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+21.2%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $5.4 per pair, which is down by -34.7% against the previous year. In general, the export price faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2014 an increase of 51%. As a result, the export price reached the peak level of $28 per pair. From 2015 to 2022, the average 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 Austria ($20 per pair), while the average price for exports to Belgium ($4.8 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 Slovakia (-2.7%), while the prices for the other major destinations experienced a decline.
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg
In 2022, approx. 706K pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Luxembourg; jumping by 76% against the previous year's figure. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 113%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded rapidly to $2.6M in 2022. The total import value increased at an average annual rate of +10.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 317 | 956 | 969 | 970 | 45.2% |
Germany | 481 | 590 | 823 | 852 | 21.0% |
France | 85.4 | 202 | 241 | 316 | 54.7% |
Netherlands | 37.9 | 114 | 152 | 252 | 88.0% |
Austria | 30.1 | 77.7 | 96.1 | 82.2 | 39.8% |
Others | 965 | 103 | 99.3 | 138 | -47.7% |
Total | 1,917 | 2,043 | 2,382 | 2,610 | 10.8% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Luxembourg in 2022:
- Belgium (287.8K pairs)
- Germany (248.6K pairs)
- France (74.1K pairs)
- Netherlands (48.2K pairs)
- Austria (27.7K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 31% to 28K pairs in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 110% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber fell to $151K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +31.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, the exports reached the peak of $177K, and then dropped in the following year.
Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Luxembourg (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | 97.2 | 108 | 139 | 127 | 9.3% |
France | 13.2 | 23.2 | 34.1 | 17.6 | 10.1% |
Nigeria | N/A | N/A | 0.1 | N/A | 0% |
Togo | N/A | N/A | 0.1 | N/A | 0% |
Others | 4.4 | 2.1 | 3.8 | 6.9 | 16.2% |
Total | 115 | 133 | 177 | 151 | 9.5% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Luxembourg in 2022:
- Belgium (26.2K pairs)
- France (1.5K pairs)
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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