Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States - 2024
Contents:
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States (CIF) - 2024
- Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States (FOB) - 2024
- Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States
- Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States
Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States (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 May 2024, dropping by -8.1% against the previous month. Overall, the import price showed a mild descent. The pace of growth appeared the most rapid in March 2024 an increase of 27% month-to-month. As a result, import price reached the peak level of $1.3 per pair. From April 2024 to May 2024, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($2.3 per pair), while the price for South Korea ($573 per thousand pairs) was amongst the lowest.
From June 2023 to May 2024, the most notable rate of growth in terms of prices was attained by South Korea (+1.8%), 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 the United States (FOB) - 2024
In May 2024, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $964 per thousand pairs, reducing by -11.4% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 37% month-to-month. As a result, the export price attained the peak level of $1.2 per pair. From August 2023 to May 2024, the the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In May 2024, the country with the highest price was Canada ($2.5 per pair), while the average price for exports to the Dominican Republic ($204 per thousand pairs) was amongst the lowest.
From June 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+5.3%), 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 United States
Imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber into the United States skyrocketed to 260M pairs in 2022, growing by 98% compared with the previous year. In general, imports recorded a significant expansion. 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 soared to $851M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 376 | 365 | 406 | 449 | 6.1% |
| Sri Lanka | 116 | 117 | 118 | 154 | 9.9% |
| Vietnam | 51.2 | 55.2 | 42.5 | 66.5 | 9.1% |
| Malaysia | 29.5 | 25.4 | 21.8 | 29.7 | 0.2% |
| Pakistan | 35.5 | 28.7 | 43.3 | 29.3 | -6.2% |
| Indonesia | 12.6 | 13.4 | 20.2 | 27.8 | 30.2% |
| South Korea | 31.3 | 24.4 | 21.8 | 26.2 | -5.8% |
| Guatemala | 4.0 | 4.6 | 4.2 | 8.3 | 27.5% |
| Bangladesh | 3.2 | 2.8 | 7.9 | 4.3 | 10.4% |
| Taiwan (Chinese) | 3.6 | 3.5 | 2.7 | 2.5 | -11.4% |
| Others | 33.7 | 28.3 | 33.6 | 53.6 | 16.7% |
| Total | 697 | 668 | 723 | 851 | 6.9% |
Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to the United States in 2022:
- China (143.9M pairs)
- Sri Lanka (40.7M pairs)
- Vietnam (18.6M pairs)
- South Korea (9.6M pairs)
- Pakistan (8.6M pairs)
- Malaysia (8.4M pairs)
- Indonesia (8.3M pairs)
- Guatemala (4.2M pairs)
- Bangladesh (4.1M pairs)
- Taiwan (Chinese) (3.6M pairs)
Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States
For the fourth year in a row, the United States recorded growth in overseas shipments of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which increased by 3% to 2.3M pairs in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $59M in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.5 | 19.3 | 26.6 | 29.3 | 21.1% |
| Mexico | 10.8 | 11.3 | 15.3 | 12.5 | 5.0% |
| Peru | 0.9 | 1.3 | 1.9 | 3.0 | 49.4% |
| Chile | 2.0 | 1.6 | 1.7 | 2.8 | 11.9% |
| Guatemala | 0.5 | 0.4 | 0.5 | 1.3 | 37.5% |
| Ecuador | 0.4 | 0.7 | 0.5 | 1.1 | 40.1% |
| Panama | 0.4 | 0.1 | 0.5 | 0.9 | 31.0% |
| Australia | 1.2 | 0.8 | 1.1 | 0.6 | -20.6% |
| Colombia | 1.8 | 0.7 | 0.9 | 0.6 | -30.7% |
| United Kingdom | 1.4 | 1.3 | 1.0 | 0.4 | -34.1% |
| Costa Rica | 0.7 | 0.7 | 0.9 | 0.3 | -24.6% |
| Others | 6.4 | 5.6 | 5.2 | 6.3 | -0.5% |
| Total | 43.0 | 43.9 | 56.0 | 59.2 | 11.2% |
Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from the United States in 2022:
- Canada (957.6K pairs)
- Mexico (595.0K pairs)
- Peru (135.7K pairs)
- Chile (116.2K pairs)
- Panama (62.1K pairs)
- Guatemala (54.9K pairs)
- Ecuador (44.8K pairs)
- Costa Rica (37.9K pairs)
- Australia (26.0K pairs)
- Colombia (25.1K pairs)
- United Kingdom (17.8K pairs)
346
This report provides an in-depth analysis of the knitted gloves market in the USA.
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Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
346
This report provides an in-depth analysis of the knitted gloves market in the USA.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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