Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Nigeria - 2023
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Nigeria (CIF) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Nigeria
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Nigeria (CIF) - 2022
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $11 per pair in 2022, jumping by 25% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 202%. The import price peaked at $18 per pair in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($30 per pair), while the price for the United Arab Emirates ($2.7 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+24.5%), 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 Nigeria
In 2022, overseas purchases of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -39.3% to 13K pairs, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 with an increase of 106% against the previous year. As a result, imports attained the peak of 51K pairs. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber fell sharply to $143K in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +5.8% 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 decreased by -28.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 65%. As a result, imports reached the peak of $199K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Nigeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 0.7 | 5.8 | 51.9 | 47.5 | 307.9% |
| Malaysia | 5.4 | 9.8 | 20.0 | 19.5 | 53.4% |
| China | 15.2 | 60.2 | 16.0 | 14.5 | -1.6% |
| Vietnam | 0.3 | 1.0 | 3.8 | 13.3 | 253.9% |
| Sri Lanka | 16.3 | 19.0 | 7.8 | 7.3 | -23.5% |
| Italy | 31.2 | 24.5 | 2.4 | 5.7 | -43.3% |
| United States | 0.3 | 11.9 | 2.8 | 5.2 | 158.8% |
| India | 15.0 | 5.9 | 8.7 | 3.9 | -36.2% |
| United Arab Emirates | 0.2 | 0.4 | 1.3 | 2.7 | 138.1% |
| Germany | 0.8 | 2.6 | 3.2 | 2.7 | 50.0% |
| South Africa | 1.5 | 3.7 | 0.6 | 1.4 | -2.3% |
| Turkey | 1.4 | 2.1 | 3.4 | 1.1 | -7.7% |
| Egypt | N/A | 13.4 | N/A | N/A | 0% |
| Others | 32.1 | 39.0 | 66.7 | 17.8 | -17.8% |
| Total | 120 | 199 | 189 | 143 | 6.0% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Nigeria in 2022:
- China (4238.0 pairs)
- Vietnam (2213.0 pairs)
- Norway (1805.0 pairs)
- United Arab Emirates (992.0 pairs)
- Malaysia (647.0 pairs)
- Germany (450.0 pairs)
- Turkey (366.0 pairs)
- Sri Lanka (348.0 pairs)
- India (286.0 pairs)
- United States (242.0 pairs)
- Italy (239.0 pairs)
- South Africa (202.0 pairs)
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This report provides an in-depth analysis of the knitted gloves market in Nigeria.
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Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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This report provides an in-depth analysis of the knitted gloves market in Nigeria.
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Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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