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

Contents:

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

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $1.2 per pair in April 2024, declining by -3.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2023 an increase of 23% m-o-m. As a result, import price reached the peak level of $1.5 per pair. From October 2023 to April 2024, the average import prices remained at a 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 Sri Lanka ($2.0 per pair), while the price for Vietnam ($972 per thousand pairs) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+0.7%), 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 Sweden (FOB) - 2022

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $6.7 per pair, which is down by -30.2% against the previous year. Over the period under review, the export price faced a deep contraction. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $33 per pair. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($10 per pair), while the average price for exports to Hungary ($3.9 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 France (-8.0%), 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 Sweden

For the fourth year in a row, Sweden recorded growth in purchases abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 65% to 16M pairs in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 165%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $60M 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 +11.3% 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 +46.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. 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 Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.921.933.240.214.3%
Pakistan4.94.35.55.96.4%
Sri Lanka4.06.712.05.813.2%
Germany1.61.92.01.60.0%
Vietnam0.81.21.91.317.6%
Others5.24.84.45.1-0.6%
Total43.340.859.059.811.4%

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

  1. China (12.0M pairs)
  2. Pakistan (1.5M pairs)
  3. Sri Lanka (1.0M pairs)
  4. Vietnam (0.2M pairs)
  5. Germany (0.2M pairs)

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

For the fourth consecutive year, Sweden recorded growth in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 68% to 8.6M pairs in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 135% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $58M in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5.05.77.59.323.0%
France5.15.47.07.614.2%
Finland4.25.36.37.018.6%
Netherlands1.22.83.74.150.6%
Spain1.92.32.73.623.7%
Norway1.62.63.93.226.0%
Belgium1.31.31.82.930.7%
Denmark1.82.52.42.815.9%
Poland1.71.72.12.513.7%
Italy0.60.91.72.049.4%
Estonia0.60.60.72.049.4%
Austria0.50.70.91.337.5%
Hungary0.50.70.91.130.1%
Others5.86.77.78.513.6%
Total31.639.249.357.822.3%

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

  1. Germany (1066.9K pairs)
  2. Finland (1040.3K pairs)
  3. France (867.7K pairs)
  4. Spain (635.5K pairs)
  5. Poland (632.6K pairs)
  6. Norway (573.4K pairs)
  7. Netherlands (485.4K pairs)
  8. Denmark (472.5K pairs)
  9. Estonia (421.1K pairs)
  10. Austria (319.7K pairs)
  11. Belgium (284.0K pairs)
  12. Hungary (270.8K pairs)
  13. Italy (244.4K pairs)

Source: IndexBox Market Intelligence Platform

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