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

Contents:

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

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

In March 2024, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $5.9 per pair, with an increase of 26% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in December 2023 when the average import price increased by 48% month-to-month. As a result, import price reached the peak level of $7.5 per pair. From January 2024 to March 2024, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Pakistan ($6.1 per pair), while the price for China amounted to $5.7 per pair.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+0.7%).

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

In 2022, the average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $5.6 per pair, reducing by -2.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2013 an increase of 32% against the previous year. The export price peaked at $5.8 per pair in 2021, and then reduced in the following year.

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 Armenia ($27 per pair), while the average price for exports to Moldova ($5.3 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 Armenia (+18.0%), 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 Ukraine

In 2022, after three years of growth, there was significant decline in overseas purchases of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, when their volume decreased by -25% to 2.1M pairs. Overall, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year. Imports peaked at 2.8M pairs in 2021, and then reduced sharply in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber expanded markedly to $15M in 2022. The total import value increased at an average annual rate of +12.5% 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 2020 with an increase of 19%. Over the period under review, imports of reached the maximum 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 Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.712.013.214.815.1%
Others1.10.81.20.6-18.3%
Total10.812.814.315.412.6%

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

  1. China (2.1M pairs)

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

For the third year in a row, Ukraine recorded decline in shipments abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber, which decreased by -22.5% to 19K pairs in 2022. In general, exports faced a precipitous decline. The smallest decline of -13.6% was in 2020. The exports peaked at 41K pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber reduced rapidly to $106K in 2022. Overall, exports recorded a abrupt decrease. The smallest decline of -0.4% was in 2020. Over the period under review, the exports of attained the maximum at $167K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova79.970.956.790.54.2%
PolandN/A0.24.77.1495.8%
Germany2.813.63.42.3-6.3%
Russia65.560.048.9N/A-13.6%
Others19.222.227.46.5-30.3%
Total167167141106-14.1%

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

  1. Moldova (17.0K pairs)
  2. Poland (0.7K pairs)
  3. Germany (0.4K pairs)

Source: IndexBox Market Intelligence Platform

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