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

Contents:

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

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

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $426 per thousand pairs in 2022, increasing by 4.3% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 27%. The import price peaked at $609 per thousand pairs in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 France ($974 per thousand pairs), while the price for Pakistan ($225 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $760 per thousand pairs, which is down by -53% against the previous year. In general, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 87%. As a result, the export price attained the peak level of $1.6 per pair, and then dropped markedly in the following year.

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 Switzerland ($1.8 per pair), while the average price for exports to Turkey ($339 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 Turkey (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 21M pairs of gloves, mittens and mitts; knitted or crocheted were imported into Bulgaria; picking up by 15% compared with the previous year's figure. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.6% 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 +102.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 53% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted surged to $8.8M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% 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 +55.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 29%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Bulgaria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.73.64.45.212.0%
Pakistan0.20.30.30.426.0%
Poland0.10.10.20.458.7%
Czech Republic0.40.30.30.3-9.1%
Turkey0.10.10.40.226.0%
Others1.71.21.62.310.6%
Total6.25.77.38.812.4%

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

  1. China (16.4M pairs)
  2. Pakistan (1.7M pairs)
  3. Czech Republic (0.5M pairs)
  4. Poland (0.4M pairs)
  5. Turkey (0.3M pairs)

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

In 2022, the amount of gloves, mittens and mitts; knitted or crocheted exported from Bulgaria soared to 726K pairs, picking up by 52% compared with the previous year. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.1% 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 +75.6% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted shrank dramatically to $551K in 2022. Overall, exports recorded a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 116%. As a result, the exports attained the peak of $773K, and then contracted significantly in the following year.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece13224.462.881.3-14.9%
Turkey18.8N/AN/A75.859.2%
Romania87.263.145.167.4-8.2%
North Macedonia46.850.243.133.2-10.8%
Ukraine0.8N/A0.827.1223.6%
Switzerland1.74.33.925.6146.9%
IraqN/AN/AN/A22.20%
Slovakia15.27.51.716.52.8%
KosovoN/A10.623.613.613.3%
Poland1.70.24.012.896.0%
Serbia40.522.32.211.8-33.7%
Croatia0.57.110.511.6185.2%
Cyprus7.22.23.29.18.1%
Others1251665721444.8%
Total4773587735514.9%

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

  1. Turkey (223.6K pairs)
  2. Romania (160.0K pairs)
  3. Greece (68.7K pairs)
  4. North Macedonia (62.3K pairs)
  5. Kosovo (31.6K pairs)
  6. Serbia (20.2K pairs)
  7. Cyprus (19.1K pairs)
  8. Ukraine (18.0K pairs)
  9. Poland (16.6K pairs)
  10. Slovakia (16.0K pairs)
  11. Iraq (14.1K pairs)
  12. Switzerland (13.9K pairs)
  13. Croatia (12.1K pairs)

Source: IndexBox Market Intelligence Platform

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