Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Austria - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (FOB) - 2024
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $1.4 per pair, picking up by 6.9% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 7.2%. The import price peaked at $2.4 per pair in 2012; however, from 2013 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 the Czech Republic ($2.4 per pair), while the price for Slovakia ($765 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 Czech Republic (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (FOB) - 2024
In April 2024, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.6 per pair, growing by 3.1% against the previous month. In general, export price indicated tangible growth from April 2023 to April 2024: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, export price for gloves, mittens and mitts; knitted or crocheted decreased by -3.8% against February 2024 indices. The pace of growth was the most pronounced in May 2023 an increase of 36% month-to-month. Over the period under review, the average export prices attained the peak figure at $3.1 per pair in October 2023; however, from November 2023 to April 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($3.3 per pair), while the average price for exports to Montenegro ($489 per thousand pairs) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria
Imports of gloves, mittens and mitts; knitted or crocheted into Austria rose rapidly to 57M pairs in 2022, picking up by 11% on the year before. In general, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted soared to $79M in 2022. The total import value increased at an average annual rate of +10.4% 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 when imports increased by 22%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.8 | 24.8 | 28.0 | 33.0 | 49.9% |
| China | 29.1 | 14.7 | 15.6 | 21.4 | -9.7% |
| Sri Lanka | 6.6 | 4.1 | 6.4 | 7.6 | 4.8% |
| Pakistan | 2.5 | 0.8 | 1.2 | 1.8 | -10.4% |
| Slovakia | 0.1 | 0.2 | 0.8 | 1.0 | 115.4% |
| Others | 11.0 | 10.1 | 14.8 | 14.7 | 10.1% |
| Total | 59.1 | 54.7 | 66.8 | 79.5 | 10.4% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Austria in 2022:
- China (25.2M pairs)
- Germany (20.5M pairs)
- Sri Lanka (3.5M pairs)
- Pakistan (1.6M pairs)
- Slovakia (1.3M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria
In 2022, after three years of growth, there was significant decline in overseas shipments of gloves, mittens and mitts; knitted or crocheted, when their volume decreased by -16.4% to 16M pairs. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 88%. Over the period under review, the exports of attained the maximum at 19M pairs in 2021, and then fell dramatically in the following year.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted contracted to $31M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 +42.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports reached the peak of $35M, and then shrank in the following year.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.9 | 12.6 | 18.9 | 15.2 | 15.4% |
| Czech Republic | 1.4 | 1.4 | 1.8 | 2.0 | 12.6% |
| Slovakia | 1.1 | 1.4 | 1.4 | 1.5 | 10.9% |
| Italy | 0.9 | 1.1 | 1.3 | 1.4 | 15.9% |
| Switzerland | 1.2 | 1.2 | 1.4 | 1.4 | 5.3% |
| Hungary | 1.1 | 1.2 | 1.2 | 1.4 | 8.4% |
| Poland | 0.5 | 0.9 | 1.6 | 1.1 | 30.1% |
| Slovenia | 0.8 | 0.9 | 1.0 | 1.0 | 7.7% |
| Romania | 0.7 | 0.9 | 0.8 | 0.9 | 8.7% |
| France | 0.8 | 1.0 | 0.9 | 0.8 | 0.0% |
| Netherlands | 0.4 | 0.7 | 0.6 | 0.6 | 14.5% |
| Croatia | 0.4 | 0.3 | 0.3 | 0.4 | 0.0% |
| Others | 2.8 | 3.6 | 3.6 | 3.7 | 9.7% |
| Total | 22.0 | 27.1 | 34.7 | 31.4 | 12.6% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Austria in 2022:
- Germany (7.1M pairs)
- Hungary (1.4M pairs)
- Slovakia (1.2M pairs)
- Czech Republic (1.1M pairs)
- Romania (0.9M pairs)
- Italy (0.9M pairs)
- Slovenia (0.6M pairs)
- Switzerland (0.6M pairs)
- Poland (0.4M pairs)
- Croatia (0.3M pairs)
- France (0.3M pairs)
- Netherlands (0.2M pairs)
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This report provides an in-depth analysis of the knitted gloves market in Austria.
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