Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $7.6 per pair in April 2024, which is down by -51.6% against the previous month. In general, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in March 2024 an increase of 247% m-o-m. The import price peaked at $20.5 per pair in November 2023; however, from December 2023 to April 2024, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In April 2024, the country with the highest price was Hong Kong SAR ($11.9 per pair), while the price for India ($4.2 per pair) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by India (0.0%), while the prices for the other major suppliers experienced a decline.
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (FOB) - 2022
The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $25 per pair in 2020, growing by 7.7% against the previous year. Over the last eight years, it increased at an average annual rate of +4.2%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 27%. Over the period under review, the average export prices attained the peak figure at $26 per pair in 2014; however, from 2015 to 2020, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2020, amid the top suppliers, the highest price was recorded for prices to Trinidad and Tobago ($15 per pair) and Jamaica ($15 per pair), while the average price for exports to Chile ($12 per pair) and Venezuela ($14 per pair) were amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (-1.9%), 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 Panama
In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into Panama fell remarkably to 145K pairs, with a decrease of -57.2% compared with 2021. Over the period under review, imports showed a sharp descent. The growth pace was the most rapid in 2021 when imports increased by 62%. Imports peaked at 344K pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber shrank markedly to $2.4M in 2022. In general, imports recorded a pronounced slump. The most prominent rate of growth was recorded in 2021 with an increase of 81%. As a result, imports attained the peak of $3M, and then fell dramatically in the following year.
| Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 140 | 242 | 671 | 1,264 | 108.2% |
| China | 455 | 639 | 922 | 435 | -1.5% |
| Free Zones | 1,664 | 422 | 1,072 | 297 | -43.7% |
| Portugal | 0.9 | N/A | 36.1 | 158 | 459.9% |
| Sri Lanka | 11.8 | 7.8 | 70.8 | 90.4 | 97.1% |
| Pakistan | 215 | 208 | 16.5 | 0.8 | -84.5% |
| Others | 263 | 135 | 209 | 128 | -21.3% |
| Total | 2,750 | 1,653 | 2,997 | 2,374 | -4.8% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Panama in 2022:
- United States (45.7K pairs)
- China (43.8K pairs)
- Free Zones (31.7K pairs)
- Portugal (10.3K pairs)
- Sri Lanka (4.7K pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama
In 2020, approx. 27K pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were exported from Panama; falling by -33.1% on 2019. Over the period under review, exports showed a dramatic slump. Over the period under review, the exports of reached the peak figure at 40K pairs in 2019, and then reduced markedly in the following year.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber reduced rapidly to $668K in 2020. In general, exports showed a dramatic decline. The exports peaked at $927K in 2019, and then dropped sharply in the following year.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Panama (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 |
| Colombia | 82.5 | 60.8 | -26.3% |
| Dominican Republic | 66.2 | 54.5 | -17.7% |
| Costa Rica | 36.0 | 45.8 | 27.2% |
| Nicaragua | 16.2 | 37.8 | 133.3% |
| Guatemala | 54.3 | 24.6 | -54.7% |
| Jamaica | 31.4 | 23.1 | -26.4% |
| Peru | N/A | 20.1 | 0% |
| Trinidad and Tobago | 12.4 | 19.4 | 56.5% |
| Venezuela | 6.7 | 19.3 | 188.1% |
| Chile | 9.3 | 18.2 | 95.7% |
| Honduras | 26.0 | 8.5 | -67.3% |
| Aruba | 4.8 | 7.4 | 54.2% |
| Others | 581 | 328 | -43.5% |
| Total | 927 | 668 | -27.9% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Panama in 2022:
- Colombia (4.4K pairs)
- Dominican Republic (3.8K pairs)
- Costa Rica (3.3K pairs)
- Nicaragua (2.8K pairs)
- Guatemala (1.8K pairs)
- Jamaica (1.6K pairs)
- Chile (1.5K pairs)
- Peru (1.4K pairs)
- Venezuela (1.4K pairs)
- Trinidad and Tobago (1.3K pairs)
- Honduras (0.6K pairs)
- Aruba (0.5K 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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