Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru - 2022

Contents:

1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru (CIF) - 2022
2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru (FOB) - 2022
3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru
4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru (CIF) - 2022

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $10 per pair, picking up by 31% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($62 per pair), while the price for China ($6.9 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+10.3%), 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 Peru (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $9.5 per pair in 2022, which is down by -2.4% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 536% against the previous year. Over the period under review, the average export prices attained the peak figure at $21 per pair in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($19 per pair), while the average price for exports to Chile ($4 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 Chile (+4.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru

Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Peru expanded remarkably to 2.4M pairs in 2022, picking up by 11% on 2021. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $24M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Peru in 2022:

1. China (1893.4K pairs)
2. Sri Lanka (170.1K pairs)
3. Pakistan (91.5K pairs)
4. Bangladesh (47.8K pairs)
5. South Korea (39.1K pairs)
6. Vietnam (36.7K pairs)

Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Peru

Exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Peru shrank significantly to 7.6K pairs in 2022, which is down by -38.8% on the previous year's figure. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, the exports of attained the peak figure at 15K pairs in 2019; however, from 2020 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 shrank rapidly to $72K in 2022. In general, exports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 24%. The exports peaked at $152K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Peru in 2022:

1. Bolivia (3.4K pairs)
2. Chile (2.1K pairs)
3. Ecuador (1.6K pairs)
4. Colombia (0.4K pairs)

Source: IndexBox Market Intelligence Platform