Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica - 2022
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (CIF) - 2022
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $1.2 per pair in 2022, with an increase of 7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 when the average import price increased by 20%. The import price peaked in 2022 and is expected to retain growth in the near future.
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 Pakistan ($3.2 per pair), while the price for Taiwan (Chinese) ($780 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+22.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $1.8 per pair, picking up by 136% against the previous year. Over the period under review, the export price posted strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Panama ($3 per pair), while the average price for exports to Nicaragua ($780 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 Panama (+18.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica
After three years of growth, overseas purchases of gloves, mittens and mitts; knitted or crocheted decreased by -14.3% to 2.8M pairs in 2022. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports attained the peak of 3.2M pairs, and then dropped in the following year.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted dropped to $3.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports reached the peak of $3.8M, and then fell in the following year.
Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 902 | 1,128 | 1,972 | 1,657 | 22.5% |
United States | 457 | 520 | 702 | 822 | 21.6% |
Sri Lanka | 260 | 243 | 206 | 181 | -11.4% |
Pakistan | 141 | 225 | 217 | 161 | 4.5% |
Panama | 99.4 | 57.1 | 25.0 | 109 | 3.1% |
South Korea | 77.1 | 63.0 | 38.7 | 49.6 | -13.7% |
Taiwan (Chinese) | 10.1 | 28.6 | 43.2 | 48.8 | 69.1% |
Others | 313 | 279 | 554 | 426 | 10.8% |
Total | 2,261 | 2,543 | 3,758 | 3,454 | 15.2% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Costa Rica in 2022:
- China (1587.2K pairs)
- United States (644.8K pairs)
- Sri Lanka (134.8K pairs)
- Taiwan (Chinese) (62.6K pairs)
- Panama (53.4K pairs)
- Pakistan (49.9K pairs)
- South Korea (31.5K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica
For the fourth year in a row, Costa Rica recorded growth in overseas shipments of gloves, mittens and mitts; knitted or crocheted, which increased by 89% to 129K pairs in 2022. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted skyrocketed to $230K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Costa Rica (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Serbia | N/A | N/A | 3.0 | 195 | 6400.0% |
Nicaragua | 0.1 | N/A | N/A | 20.8 | 492.5% |
Guatemala | 40.8 | 47.7 | 15.5 | 6.6 | -45.5% |
Panama | N/A | 0.4 | 3.2 | 5.9 | 284.1% |
Germany | N/A | N/A | 29.8 | N/A | 0% |
Others | 4.8 | 0.5 | N/A | 1.9 | -26.6% |
Total | 45.7 | 48.6 | 51.5 | 230 | 71.4% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Costa Rica in 2022:
- Serbia (95.1K pairs)
- Nicaragua (26.6K pairs)
- Guatemala (4.3K pairs)
- Panama (1.9K pairs)
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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