Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina - 2024

Contents:

  1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina (CIF) - 2024
  2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina (FOB) - 2022
  3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina
  4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina (CIF) - 2024

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $8.1 per pair in March 2024, falling by -17.2% against the previous month. Overall, the import price continues to indicate a perceptible curtailment. The pace of growth was the most pronounced in January 2024 an increase of 50% month-to-month. Over the period under review, average import prices attained the maximum at $14.6 per pair in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($26.6 per pair), while the price for China ($7.5 per pair) was amongst the lowest.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Malaysia (+7.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $3.4 per pair, with an increase of 5.8% against the previous year. Overall, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 41%. The export price peaked at $3.9 per pair in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($6.7 per pair), while the average price for exports to Uruguay ($2.5 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 Paraguay (+20.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

After two years of decline, supplies from abroad of gloves, mittens and mitts; knitted or crocheted increased by 36% to 6.8M pairs in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted surged to $8.2M in 2022. Over the period under review, total imports indicated mild growth from 2019 to 2022: its value increased at an average annual rate of +1.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.54.43.75.60.6%
Pakistan0.70.60.60.84.6%
India0.50.20.50.711.9%
Malaysia0.30.20.30.410.1%
Bangladesh0.10.2N/A0.10.0%
Sri Lanka0.30.1N/A0.1-30.7%
Others0.50.30.40.66.3%
Total8.06.15.58.20.8%

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

  1. China (5121.3K pairs)
  2. India (837.8K pairs)
  3. Malaysia (314.9K pairs)
  4. Pakistan (298.5K pairs)
  5. Sri Lanka (127.1K pairs)
  6. Bangladesh (26.4K pairs)

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

In 2022, exports of gloves, mittens and mitts; knitted or crocheted from Argentina declined to 491K pairs, which is down by -9.9% against the year before. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. As a result, the exports attained the peak of 545K pairs, and then reduced in the following year.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted contracted modestly to $1.7M in 2022. The total export value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, the exports reached the peak of $1.8M, and then declined modestly in the following year.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,3821,3201,6641,6005.0%
Paraguay5.46.751.451.7112.3%
Others27.634.037.819.6-10.8%
Total1,4151,3601,7531,6725.7%

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

  1. Brazil (478.8K pairs)
  2. Paraguay (7.7K pairs)

Source: IndexBox Market Intelligence Platform

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