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

Contents:

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

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

The average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $13.1 per pair in April 2024, reducing by -2.4% against the previous month. Over the period under review, the import price saw a slight decrease. The pace of growth appeared the most rapid in August 2023 an increase of 17% m-o-m. The import price peaked at $15.0 per pair in November 2023; however, from December 2023 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($27.8 per pair), while the price for Bangladesh ($6.8 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 Malaysia (+2.3%), 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 the UK (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $27 per pair in 2022, picking up by 30% against the previous year. Overall, the export price posted prominent growth. The growth pace was the most rapid in 2014 an increase of 33% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($51 per pair), while the average price for exports to China ($12 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 Ireland (+15.9%), 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 the UK

Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into the UK fell to 8.4M pairs in 2022, shrinking by -8.2% against 2021. Over the period under review, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of 9.1M pairs, and then fell in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber declined to $111M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 19%. As a result, imports attained the peak of $119M, and then dropped in the following year.

Import of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China46.048.060.764.511.9%
Sri Lanka7.39.413.414.124.5%
Pakistan11.18.08.99.9-3.7%
Vietnam5.95.54.06.00.6%
Malaysia5.84.06.34.4-8.8%
India0.70.81.11.837.0%
Bangladesh1.51.31.81.4-2.3%
Belgium7.85.63.6N/A-32.1%
Others26.517.119.19.2-29.7%
Total11399.7119111-0.6%

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

  1. China (5913.9K pairs)
  2. Pakistan (594.8K pairs)
  3. Sri Lanka (568.7K pairs)
  4. Malaysia (376.5K pairs)
  5. Vietnam (204.8K pairs)
  6. Bangladesh (201.4K pairs)
  7. India (184.1K pairs)
  8. Belgium (0.2K pairs)

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

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber exported from the UK shrank dramatically to 570K pairs, with a decrease of -22.3% against the year before. Over the period under review, exports recorded a sharp slump. Over the period under review, the exports of reached the peak figure at 1.6M 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 stood at $15M in 2022. In general, exports faced a abrupt downturn. The exports peaked at $22M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland6.06.34.76.73.7%
Netherlands0.81.01.61.214.5%
United States0.70.20.50.98.7%
Italy1.00.70.50.7-11.2%
France1.92.20.80.6-31.9%
United Arab Emirates0.60.60.60.60.0%
Belgium0.70.80.40.5-10.6%
Germany1.71.20.90.4-38.3%
Iceland0.20.40.40.314.5%
Spain1.71.70.70.3-43.9%
Poland1.60.50.40.2-50.0%
Hungary0.40.30.20.2-20.6%
China0.2N/A0.10.1-20.6%
Others4.73.53.22.6-17.9%
Total22.319.515.015.1-12.2%

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

  1. Ireland (245.2K pairs)
  2. Netherlands (57.5K pairs)
  3. United Arab Emirates (32.1K pairs)
  4. Italy (28.7K pairs)
  5. Belgium (25.4K pairs)
  6. France (21.8K pairs)
  7. United States (17.5K pairs)
  8. Spain (12.4K pairs)
  9. China (11.2K pairs)
  10. Poland (9.6K pairs)
  11. Germany (9.5K pairs)
  12. Iceland (9.0K pairs)
  13. Hungary (5.6K pairs)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber - United Kingdom