Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia - 2024

Contents:

  1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia (CIF) - 2024
  2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia (FOB) - 2022
  3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia
  4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia (CIF) - 2024

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $13.5 per pair in April 2024, rising by 28% against the previous month. Over the period under review, the import price, however, saw a pronounced contraction. The pace of growth was the most pronounced in October 2023 when the average import price increased by 62% month-to-month. The import price peaked at $19.8 per pair in June 2023; however, from July 2023 to April 2024, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($25.7 per pair), while the price for China ($12.2 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 Turkey (+14.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $13 per pair, rising by 27% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($78 per pair), while the average price for exports to Bulgaria ($6.3 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 Russia (+81.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into Serbia dropped to 174K pairs, shrinking by -13.6% against the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 +41.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, imports attained the peak of 201K pairs, and then shrank in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber totaled $2.7M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8789001,7111,92229.8%
Sri Lanka1782202402136.2%
South Korea40.384.020614352.5%
Germany8.524.078.191.6120.9%
Pakistan64.748.840.857.8-3.7%
Turkey8.060.152.946.679.9%
Czech Republic5.18.31095.20.6%
Others1972202292000.5%
Total1,3791,5652,6652,68024.8%

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

  1. China (144.0K pairs)
  2. Sri Lanka (6.9K pairs)
  3. Turkey (4.7K pairs)
  4. South Korea (4.6K pairs)
  5. Germany (3.6K pairs)
  6. Pakistan (2.6K pairs)
  7. Czech Republic (0.5K pairs)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume increased by 23% to 94K pairs. The total export volume increased at an average annual rate of +1.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, the exports reached 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 $1.2M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.5% against 2020 indices. As a result, the exports attained 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina15312917934931.6%
Montenegro16012618222011.2%
RussiaN/AN/AN/A1560%
Hungary11656.157.91242.2%
North Macedonia11613593.2115-0.3%
Romania52.848.411210124.1%
Croatia10.05.14.638.957.3%
Slovakia27.120.428.86.6-37.6%
Czech Republic57.181.354.45.0-55.6%
Others12671.238.966.0-19.4%
Total8186737511,18113.0%

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

  1. Bosnia and Herzegovina (32.9K pairs)
  2. Montenegro (22.9K pairs)
  3. North Macedonia (9.9K pairs)
  4. Romania (7.9K pairs)
  5. Hungary (7.2K pairs)
  6. Croatia (4.3K pairs)
  7. Russia (2.0K pairs)
  8. Slovakia (0.5K pairs)
  9. Czech Republic (0.4K pairs)

Source: IndexBox Market Intelligence Platform

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