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

Contents:

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

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $6.5 per pair in 2022, with a decrease of -5.6% against the previous year. Overall, the import price saw a slight contraction. The growth pace was the most rapid in 2014 an increase of 58% against the previous year. As a result, import price reached the peak level of $14 per pair. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($23 per pair), while the price for Kazakhstan ($3.9 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.7%), 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 Russia (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $3.2 per pair, declining by -3.3% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when the average export price increased by 8% against the previous year. The export price peaked at $6.5 per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -2.6% per year.

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

In 2022, approx. 9.5M pairs of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber were imported into Russia; growing by 28% on 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.1% 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 +69.0% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $62M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +17.2% 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 +61.1% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China23.627.032.745.524.5%
ArmeniaN/A0.85.47.8212.2%
Pakistan4.64.84.81.7-28.2%
Kazakhstan0.20.2N/A1.6100.0%
Sri Lanka2.62.82.30.4-46.4%
Belarus0.50.50.6N/A9.5%
Others7.05.55.65.1-10.0%
Total38.641.651.562.217.2%

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

  1. China (7.1M pairs)
  2. Armenia (1.6M pairs)
  3. Kazakhstan (0.4M pairs)
  4. Pakistan (0.1M pairs)
  5. Sri Lanka (0.1M pairs)

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

After three years of growth, overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -39.1% to 1.2M pairs in 2022. Overall, total exports indicated a pronounced expansion from 2019 to 2022: its volume increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50%. Over the period under review, the exports of attained the maximum at 2M pairs in 2021, and then reduced notably in the following year.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber plummeted to $4M in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 25%. As a result, the exports attained the peak of $6.8M, and then shrank sharply in the following year.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.62.32.43.732.2%
Belarus2.82.83.7N/A15.0%
Others0.40.30.60.3-9.1%
Total4.75.46.84.0-5.2%

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

  1. Kazakhstan (1205.4K pairs)

Source: IndexBox Market Intelligence Platform

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