Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Angola - 2022

Contents:

1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Angola (CIF) - 2022
2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Angola (FOB) - 2022
3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Angola
4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Angola

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Angola (CIF) - 2022

In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $556 per thousand pairs, growing by 13% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 25% against the previous year. The import price peaked at $979 per thousand pairs in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5.1 per pair), while the price for China ($217 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Angola (FOB) - 2022

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $889 per thousand pairs in 2022, with a decrease of -25.5% against the previous year. In general, the export price continues to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when the average export price increased by 54% against the previous year. The export price peaked at $1.8 per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($11 per pair), while the average price for exports to Spain ($89 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+54.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Angola

Imports of gloves, mittens and mitts; knitted or crocheted into Angola reached 3.3M pairs in 2022, growing by 12% against 2021. Overall, imports, however, continue to indicate a noticeable slump. Over the period under review, imports of reached the maximum at 3.6M pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted soared to $1.9M in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.8% 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 +53.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Angola in 2022:

1. China (2063.0K pairs)
2. Portugal (615.6K pairs)
3. United Kingdom (186.4K pairs)
4. France (111.9K pairs)
5. South Africa (75.7K pairs)
6. Brazil (61.2K pairs)
7. Spain (50.9K pairs)
8. United Arab Emirates (36.4K pairs)
9. Belgium (15.6K pairs)

Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Angola

Exports of gloves, mittens and mitts; knitted or crocheted from Angola expanded markedly to 732 pairs in 2022, with an increase of 5.5% against the previous year. In general, exports, however, faced a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 198% against the previous year. As a result, the exports reached the peak of 4.1K pairs. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted contracted remarkably to $651 in 2022. Overall, exports, however, continue to indicate a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 324%. As a result, the exports reached the peak of $3.4K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Angola in 2022:

1. Spain (384.0 pairs)
2. Germany (105.0 pairs)
3. Democratic Republic of the Congo (96.0 pairs)
4. United Kingdom (27.0 pairs)
5. Singapore (26.0 pairs)
6. Mozambique (22.0 pairs)
7. Portugal (20.0 pairs)
8. Namibia (16.0 pairs)
9. Belgium (13.0 pairs)
10. Gabon (12.0 pairs)

Source: IndexBox Market Intelligence Platform