Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $4.3 per pair, standing approx. at the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 50%. Over the period under review, average import prices reached the peak figure at $5.5 per pair in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($65 per pair), while the price for Colombia ($2.1 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+17.1%), 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 Venezuela (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, declining by -3.3% against the previous year. Overall, the export price, however, posted temperate growth. The growth pace was the most rapid in 2021 an increase of 99%. The export price peaked at $49 per pair in 2014; however, from 2015 to 2022, the 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 Czech Republic ($139 per pair), while the average price for exports to Canada ($7.6 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 Switzerland (+10.0%), 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 Venezuela

In 2022, the amount of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber imported into Venezuela soared to 182K pairs, growing by 58% compared with 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 116%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $775K in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 113%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. China (148.0K pairs)
2. Hong Kong SAR (26.5K pairs)
3. Colombia (3.5K pairs)

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

Exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Venezuela skyrocketed to 201 pairs in 2022, with an increase of 83% against the year before. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 116% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber surged to $5.4K in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

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

1. Switzerland (164.0 pairs)
2. Canada (31.0 pairs)

Source: IndexBox Market Intelligence Platform