Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand (FOB) - 2022
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand (CIF) - 2024
The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $1.0 per pair in May 2024, with a decrease of -16.7% against the previous month. Overall, the import price saw a mild decline. The growth pace was the most rapid in September 2023 an increase of 37% month-to-month. As a result, import price reached the peak level of $1.5 per pair. From October 2023 to May 2024, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($4.4 per pair), while the price for China ($918 per thousand pairs) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Malaysia (+1.6%), 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 Thailand (FOB) - 2022
In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $7.4 per pair, which is down by -6.7% against the previous year. In general, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 13% against the previous year. As a result, the export price attained the peak level of $47 per pair. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($13 per pair), while the average price for exports to Lao People's Democratic Republic ($1.2 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 Iceland (+13.2%), 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 Thailand
In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into Thailand soared to 6.6M pairs, picking up by 83% compared with the previous year. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 136%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber soared to $21M in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +67.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37%. 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 Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.2 | 8.1 | 12.8 | 15.8 | 24.4% |
| Vietnam | 1.2 | 1.5 | 1.7 | 1.8 | 14.5% |
| Malaysia | 1.8 | 1.5 | 1.2 | 1.6 | -3.9% |
| South Korea | 0.7 | 0.8 | 1.0 | 1.3 | 22.9% |
| Sri Lanka | 0.8 | 0.5 | 0.5 | 0.5 | -14.5% |
| Others | 0.4 | 0.4 | 0.3 | 0.5 | 7.7% |
| Total | 13.0 | 12.8 | 17.5 | 21.5 | 18.3% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Thailand in 2022:
- China (5.3M pairs)
- Vietnam (0.5M pairs)
- Malaysia (0.4M pairs)
- South Korea (0.2M pairs)
- Sri Lanka (0.1M pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand
For the fourth year in a row, Thailand recorded growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 28% to 2M pairs in 2022. Over the period under review, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 163%. 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 $15M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +63.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 2.5 | 4.3 | 6.3 | 28.1% |
| Japan | 4.3 | 4.4 | 4.2 | 4.2 | -0.8% |
| Norway | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Australia | 0.2 | 0.2 | 0.6 | 0.6 | 44.2% |
| Netherlands | N/A | N/A | 0.2 | 0.5 | 150.0% |
| Belgium | 0.1 | 0.5 | 0.6 | 0.5 | 71.0% |
| United Kingdom | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
| Germany | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Spain | N/A | N/A | N/A | 0.4 | 0% |
| Iceland | N/A | N/A | 0.1 | N/A | 0% |
| Lao People's Democratic Republic | N/A | N/A | 0.3 | N/A | 0% |
| Others | 1.4 | 0.8 | 1.3 | 1.1 | -7.7% |
| Total | 9.7 | 9.2 | 12.7 | 15.1 | 15.9% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Thailand in 2022:
- United States (1012.2K pairs)
- Japan (387.1K pairs)
- Norway (149.2K pairs)
- Germany (88.7K pairs)
- Belgium (61.6K pairs)
- Australia (60.6K pairs)
- Spain (46.3K pairs)
- United Kingdom (45.4K pairs)
- Netherlands (34.2K pairs)
- Lao People's Democratic Republic (20.9K pairs)
322
This report provides an in-depth analysis of the knitted gloves market in Thailand.
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This report provides an in-depth analysis of the knitted gloves market in Thailand.
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Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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