Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico (FOB) - 2024
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $21.9 per pair in April 2024, approximately equating the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 when the average import price increased by 8.1% against the previous month. As a result, import price reached the peak level of $22.2 per pair. From August 2023 to April 2024, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In April 2024, the countries with the highest prices were Vietnam ($21.9 per pair) and Pakistan ($21.9 per pair), while the price for China ($21.9 per pair) and South Korea ($21.9 per pair) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+0.5%), 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 Mexico (FOB) - 2024
In April 2024, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $24.5 per pair, leveling off at the previous month. Over the period under review, the export price, however, saw a slight reduction. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 11% m-o-m. As a result, the export price reached the peak level of $30.6 per pair. From August 2023 to April 2024, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major export markets. In April 2024, the countries with the highest prices were Guatemala ($24.5 per pair) and the United States ($24.5 per pair), while the average price for exports to El Salvador ($24.5 per pair) and Costa Rica ($24.5 per pair) were amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (-1.0%), 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 Mexico
In 2022, approx. 4.3M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Mexico; declining by -4.1% on the year before. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 +39.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. As a result, imports reached the peak of 4.5M pairs, and then dropped modestly in the following year.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded significantly to $90M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% 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 +66.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 39.3 | 37.6 | 62.5 | 67.2 | 19.6% |
| Sri Lanka | 6.2 | 5.3 | 8.7 | 9.9 | 16.9% |
| Vietnam | 5.7 | 4.2 | 5.0 | 6.2 | 2.8% |
| South Korea | 4.2 | 3.3 | 4.4 | 3.7 | -4.1% |
| Others | 5.0 | 3.7 | 2.8 | 3.3 | -12.9% |
| Total | 60.5 | 54.1 | 83.3 | 90.2 | 14.2% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Mexico in 2022:
- China (3231.3K pairs)
- Sri Lanka (475.6K pairs)
- Vietnam (296.7K pairs)
- South Korea (176.7K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico
In 2022, shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber increased by 123% to 166K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber surged to $3.5M in 2022. Over the period under review, exports showed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,799 | 1,549 | 1,002 | 3,131 | 20.3% |
| Guatemala | 178 | 161 | 175 | 312 | 20.6% |
| Honduras | 62.9 | 67.0 | 47.5 | 24.3 | -27.2% |
| Costa Rica | 55.4 | 66.5 | 32.1 | 20.4 | -28.3% |
| Nicaragua | 31.9 | 45.2 | 51.1 | 17.3 | -18.5% |
| Others | 362 | 92.8 | 16.6 | 13.6 | -66.5% |
| Total | 2,489 | 1,981 | 1,324 | 3,518 | 12.2% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Mexico in 2022:
- United States (147.4K pairs)
- Guatemala (14.7K pairs)
- Honduras (1.1K pairs)
- Costa Rica (1.0K pairs)
- Nicaragua (0.8K pairs)
273
This report provides an in-depth analysis of the knitted gloves market in Mexico.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
273
This report provides an in-depth analysis of the knitted gloves market in Mexico.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Nothing found. Please try again.
