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

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

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $10.8 per pair in April 2024, rising by 12% against the previous month. Overall, import price indicated a noticeable expansion from April 2023 to April 2024: its price increased at an average monthly rate of +2.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2024 figures, import price for gloves, mittens and mitts; knitted or crocheted increased by +78.1% against February 2024 indices. The most prominent rate of growth was recorded in March 2024 when the average import price increased by 59% m-o-m. Over the period under review, average import prices hit record highs at $12.9 per pair in September 2023; however, from October 2023 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Pakistan ($35.8 per pair), while the price for Taiwan (Chinese) ($6.6 per pair) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $6.3 per pair in 2022, with a decrease of -48.8% against the previous year. Overall, the export price, however, showed notable growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 49%. The export price peaked at $14 per pair in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($13 per pair), while the average price for exports to Uruguay ($696 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 Paraguay (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of gloves, mittens and mitts; knitted or crocheted into Chile surged to 46M pairs, growing by 20% on 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +28.0% 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 +109.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 78% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted surged to $41M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Chile (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.3	15.2	23.2	28.5	28.9%
Sri Lanka	1.7	1.4	1.7	2.9	19.5%
Pakistan	1.3	0.6	1.7	1.7	9.4%
Taiwan (Chinese)	N/A	0.6	1.0	0.8	15.5%
Others	4.3	4.6	5.3	7.4	19.8%
Total	20.6	22.4	32.8	41.1	25.9%

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

China (39.8M pairs)
Sri Lanka (1.3M pairs)
Taiwan (Chinese) (1.0M pairs)
Pakistan (0.7M pairs)

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

In 2022, exports of gloves, mittens and mitts; knitted or crocheted from Chile skyrocketed to 192K pairs, with an increase of 57% compared with 2021. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 +64.7% 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 declined markedly to $1.2M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +44.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 56% against the previous year. As a result, the exports reached the peak of $1.5M, and then reduced rapidly in the following year.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bolivia	203	295	599	345	19.3%
Peru	296	408	559	316	2.2%
Mexico	N/A	N/A	N/A	216	0%
Paraguay	85.0	215	300	175	27.2%
Colombia	1.1	N/A	N/A	66.9	293.3%
Argentina	32.6	2.0	0.6	19.5	-15.7%
Uruguay	N/A	20.6	12.9	17.1	-8.9%
Others	219	24.8	35.4	57.5	-36.0%
Total	837	965	1,507	1,213	13.2%