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

Contents:

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

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

In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $701 per thousand pairs, reducing by -8.7% against the previous year. Overall, the import price, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 85% against the previous year. The import price peaked at $768 per thousand pairs in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($5.1 per pair), while the price for Taiwan (Chinese) ($275 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.2 per pair, picking up by 54% against the previous year. In general, the export price enjoyed significant growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 170%. The export price peaked at $2.9 per pair in 2016; however, from 2017 to 2022, the export prices remained at a 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 Taiwan (Chinese) ($4.7 per pair), while the average price for exports to the UK ($1.6 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 Singapore (+78.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 2.4M pairs of gloves, mittens and mitts; knitted or crocheted were imported into Cameroon; picking up by 83% against 2021. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 355% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted skyrocketed to $1.7M in 2022. Overall, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 374%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12067447482189.8%
Sri Lanka0.11341592751301.0%
France23.674.610317996.5%
Germany28.11422.075.338.9%
United States19.116.527.948.336.2%
South KoreaN/A27.513.924.0-6.6%
Taiwan (Chinese)3.036.91.314.067.1%
Others69.114422624251.9%
Total2631,2491,0071,67985.5%

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

  1. China (1973.8K pairs)
  2. France (80.0K pairs)
  3. Germany (65.1K pairs)
  4. Sri Lanka (53.6K pairs)
  5. Taiwan (Chinese) (50.8K pairs)
  6. United States (46.7K pairs)
  7. South Korea (45.4K pairs)

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

In 2022, approx. 12K pairs of gloves, mittens and mitts; knitted or crocheted were exported from Cameroon; which is down by -27.5% on 2021 figures. Overall, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 1,062%. Over the period under review, the exports of hit record highs at 30K pairs in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted reached $26K in 2022. In general, exports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 986%. The exports peaked at $35K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Cameroon (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5.7N/AN/A12.630.3%
Taiwan (Chinese)N/AN/AN/A4.80%
NetherlandsN/AN/AN/A2.50%
GreeceN/AN/AN/A2.00%
Czech Republic0.9N/A15.71.313.0%
SingaporeN/AN/AN/A0.40%
Slovakia28.20.1N/A0.1-84.8%
Central African RepublicN/AN/A5.4N/A0%
FinlandN/A2.0N/AN/A0%
Others0.50.12.62.673.2%
Total35.32.223.626.3-9.3%

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

  1. United Kingdom (8.0K pairs)
  2. Netherlands (1.2K pairs)
  3. Greece (1.2K pairs)
  4. Taiwan (Chinese) (1.0K pairs)
  5. Czech Republic (0.3K pairs)
  6. Singapore (0.2K pairs)

Source: IndexBox Market Intelligence Platform

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