Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (FOB) - 2022
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (CIF) - 2024
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (FOB) - 2022
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $13 per pair in 2022, dropping by -1.9% against the previous year. Over the period under review, the export price saw a slight shrinkage. The growth pace was the most rapid in 2021 when the average export price increased by 27%. The export price peaked at $14 per pair in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($18 per pair), while the average price for exports to India ($2.9 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 (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $5.6 per pair in April 2024, shrinking by -4.2% against the previous month. Over the period under review, the import price saw a perceptible curtailment. The growth pace was the most rapid in November 2023 an increase of 32% m-o-m. As a result, import price attained the peak level of $8.5 per pair. From December 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 South Korea ($23.6 per pair), while the price for India ($3.0 per pair) was amongst the lowest.
From May 2023 to April 2024, the most notable rate of growth in terms of prices was attained by South Korea (+9.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia
In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber exported from Malaysia totaled 9.2M pairs, picking up by 5.9% against 2021. In general, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports of reached the maximum at 12M pairs in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $116M in 2022. Overall, exports, however, saw a perceptible downturn. The exports peaked at $123M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 40.6 | 39.8 | 34.9 | 39.6 | -0.8% |
| United States | 26.9 | 26.9 | 23.3 | 26.4 | -0.6% |
| France | 10.6 | 10.5 | 10.2 | 9.7 | -2.9% |
| Netherlands | 7.5 | 7.2 | 8.3 | 8.0 | 2.2% |
| Turkey | 4.1 | 3.8 | 7.8 | 4.8 | 5.4% |
| United Kingdom | 4.8 | 3.7 | 4.8 | 4.2 | -4.4% |
| Canada | 3.5 | 3.9 | 2.5 | 3.5 | 0.0% |
| Thailand | 2.6 | 1.9 | 2.5 | 3.0 | 4.9% |
| Belgium | 4.4 | 2.4 | 1.8 | 2.5 | -17.2% |
| Singapore | 2.5 | 4.4 | 3.5 | 2.4 | -1.4% |
| Germany | 2.4 | 1.6 | 1.9 | 1.3 | -18.5% |
| India | 0.7 | 0.8 | 0.3 | 0.5 | -10.6% |
| Others | 12.7 | 10.3 | 9.5 | 9.7 | -8.6% |
| Total | 123 | 117 | 111 | 116 | -1.9% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Malaysia in 2022:
- Japan (2662.5K pairs)
- United States (2267.2K pairs)
- France (792.1K pairs)
- Netherlands (633.2K pairs)
- United Kingdom (499.7K pairs)
- Turkey (496.5K pairs)
- Belgium (238.8K pairs)
- Singapore (213.8K pairs)
- Canada (204.5K pairs)
- Thailand (168.4K pairs)
- India (167.9K pairs)
- Germany (122.1K pairs)
Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia
After two years of decline, overseas purchases of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by 18% to 1.4M pairs in 2022. Overall, imports, however, showed a abrupt contraction. Imports peaked at 1.8M pairs in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber surged to $13M in 2022. In general, imports, however, continue to indicate a slight decrease. Over the period under review, imports of attained the peak figure at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Malaysia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.0 | 7.2 | 6.8 | 8.1 | -3.5% |
| Vietnam | 0.5 | 1.4 | 1.2 | 1.8 | 53.3% |
| Sri Lanka | 1.2 | 0.5 | 0.8 | 0.9 | -9.1% |
| South Korea | 0.8 | 0.6 | 0.6 | 0.8 | 0.0% |
| Others | 1.5 | 1.1 | 1.3 | 1.0 | -12.6% |
| Total | 13.0 | 10.8 | 10.7 | 12.6 | -1.0% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Malaysia in 2022:
- China (1033.7K pairs)
- Vietnam (116.1K pairs)
- South Korea (84.4K pairs)
- Sri Lanka (64.8K pairs)
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