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

Contents:

1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Croatia (CIF) - 2022
2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Croatia (FOB) - 2024
3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Croatia
4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Croatia

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

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $671 per thousand pairs in 2022, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. As a result, import price reached the peak level of $1.3 per pair. From 2019 to 2022, the average import prices remained 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 Italy ($2.6 per pair), while the price for China ($377 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 Netherlands (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In April 2024, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $1.2 per pair, which is down by -41.8% against the previous month. Over the period under review, the export price saw a mild slump. The pace of growth was the most pronounced in March 2024 when the average export price increased by 130% against the previous month. The export price peaked at $2.4 per pair in November 2023; however, from December 2023 to April 2024, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In April 2024, the country with the highest price was Bosnia and Herzegovina ($1.2 per pair), while the average price for exports to Montenegro ($949 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 Bosnia and Herzegovina (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of gloves, mittens and mitts; knitted or crocheted decreased by -8.3% to 14M pairs in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of 15M pairs, and then shrank in the following year.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted declined to $9.3M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of $10M, and then contracted in the following year.

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

1. China (7.2M pairs)
2. Germany (1.6M pairs)
3. Czech Republic (1.4M pairs)
4. Poland (0.5M pairs)
5. Sri Lanka (0.5M pairs)
6. Italy (0.4M pairs)
7. France (0.4M pairs)
8. Austria (0.4M pairs)
9. Hungary (0.3M pairs)
10. Belgium (0.3M pairs)
11. Netherlands (0.2M pairs)
12. Slovenia (0.2M pairs)

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

For the fourth consecutive year, Croatia recorded growth in overseas shipments of gloves, mittens and mitts; knitted or crocheted, which increased by 17% to 1.5M pairs in 2022. In general, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 79% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted soared to $2.6M in 2022. The total export value increased at an average annual rate of +8.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. Slovenia (709.7K pairs)
2. Italy (232.8K pairs)
3. Bosnia and Herzegovina (171.6K pairs)
4. Serbia (154.1K pairs)
5. Bulgaria (98.0K pairs)
6. Montenegro (37.0K pairs)

Source: IndexBox Market Intelligence Platform