Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (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 12% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The import price peaked at $1.7 per pair in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($4 per pair), while the price for Pakistan ($774 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2 per pair, waning by -3.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the maximum at $2.7 per pair in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3.3 per pair), while the average price for exports to Slovakia ($995 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 the Netherlands (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark
After three years of growth, supplies from abroad of gloves, mittens and mitts; knitted or crocheted decreased by -0.2% to 45M pairs in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.4% 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 +70.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. Imports peaked at 45M pairs in 2021, and then contracted modestly in the following year.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted rose remarkably to $54M in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 15.9 | 22.0 | 28.7 | 24.1% |
| Pakistan | 5.4 | 6.4 | 9.0 | 8.1 | 14.5% |
| Germany | 2.5 | 2.4 | 3.3 | 3.9 | 16.0% |
| Sweden | 4.3 | 3.4 | 3.8 | 3.5 | -6.6% |
| Belgium | 2.4 | 2.1 | 2.3 | 3.0 | 7.7% |
| Netherlands | 1.3 | 2.1 | 3.8 | 2.1 | 17.3% |
| Sri Lanka | 6.0 | 2.4 | 0.2 | 0.4 | -59.5% |
| Others | 3.7 | 3.4 | 4.1 | 4.2 | 4.3% |
| Total | 40.6 | 38.1 | 48.5 | 54.0 | 10.0% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Denmark in 2022:
- China (26.2M pairs)
- Pakistan (10.5M pairs)
- Germany (3.4M pairs)
- Belgium (1.3M pairs)
- Sweden (0.9M pairs)
- Netherlands (0.6M pairs)
- Sri Lanka (0.1M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark
In 2022, the amount of gloves, mittens and mitts; knitted or crocheted exported from Denmark rose rapidly to 18M pairs, growing by 15% compared with the year before. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +15.7% 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 +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted rose notably to $35M in 2022. The total export value increased at an average annual rate of +9.2% 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 18% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.4 | 13.0 | 16.2 | 19.0 | 22.2% |
| Sweden | 4.2 | 3.4 | 2.6 | 3.4 | -6.8% |
| Netherlands | 1.8 | 1.5 | 2.0 | 1.7 | -1.9% |
| Belgium | 1.1 | 0.9 | 1.6 | 1.5 | 10.9% |
| France | 0.3 | 0.5 | 0.8 | 1.1 | 54.2% |
| Norway | 1.4 | 0.7 | 1.1 | 1.1 | -7.7% |
| Poland | 0.5 | 0.5 | 0.7 | 0.9 | 21.6% |
| Finland | 1.9 | 1.5 | 1.0 | 0.9 | -22.0% |
| United Kingdom | 2.1 | 1.9 | 1.3 | 0.9 | -24.6% |
| Austria | 0.4 | 0.3 | 0.6 | 0.7 | 20.5% |
| Greenland | 0.4 | 0.3 | 0.4 | 0.4 | 0.0% |
| Slovakia | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Others | 2.6 | 2.7 | 3.6 | 3.5 | 10.4% |
| Total | 27.2 | 27.2 | 32.1 | 35.4 | 9.2% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Denmark in 2022:
- Germany (9.9M pairs)
- Sweden (1.6M pairs)
- Belgium (0.9M pairs)
- Netherlands (0.6M pairs)
- Finland (0.6M pairs)
- France (0.6M pairs)
- Norway (0.6M pairs)
- Poland (0.4M pairs)
- Austria (0.4M pairs)
- Greenland (0.4M pairs)
- United Kingdom (0.3M pairs)
- Slovakia (0.3M pairs)
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This report provides an in-depth analysis of the knitted gloves market in Denmark.
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