Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador - 2022
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $1.4 per pair, dropping by -18.4% against the previous year. Over the period under review, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for gloves, mittens and mitts; knitted or crocheted decreased by -29.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 an increase of 76% against the previous year. Over the period under review, average import prices hit record highs at $2 per pair in 2019; however, from 2020 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 the United States ($2.5 per pair), while the price for Malaysia ($767 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $582 per thousand pairs in 2022, picking up by 24% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2015 an increase of 82%. The export price peaked at $1.7 per pair in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 Netherlands ($2.9 per pair), while the average price for exports to Costa Rica ($185 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 (+28.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador
In 2022, overseas purchases of gloves, mittens and mitts; knitted or crocheted increased by 164% to 3.5M pairs for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted skyrocketed to $5M in 2022. Over the period under review, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,241 | 968 | 952 | 2,195 | 20.9% |
| Pakistan | 487 | 459 | 340 | 643 | 9.7% |
| United States | 109 | 28.9 | 81.4 | 636 | 80.0% |
| Bangladesh | 1.6 | 1.3 | N/A | 293 | 467.9% |
| Sri Lanka | 395 | 408 | 476 | 291 | -9.7% |
| South Korea | 197 | 134 | 115 | 174 | -4.1% |
| Philippines | 70.1 | 89.7 | 70.6 | 64.1 | -2.9% |
| Malaysia | 176 | 40.0 | 0.5 | 34.5 | -41.9% |
| Others | 386 | 252 | 289 | 675 | 20.5% |
| Total | 3,063 | 2,382 | 2,325 | 5,006 | 17.8% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Ecuador in 2022:
- China (1973.1K pairs)
- Pakistan (428.5K pairs)
- United States (255.3K pairs)
- Sri Lanka (214.6K pairs)
- Bangladesh (194.4K pairs)
- South Korea (76.8K pairs)
- Philippines (73.7K pairs)
- Malaysia (45.0K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador
In 2022, approx. 38K pairs of gloves, mittens and mitts; knitted or crocheted were exported from Ecuador; increasing by 57% against the previous year. In general, exports enjoyed a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 120%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted surged to $22K in 2022. Overall, exports, however, recorded a precipitous decrease. Over the period under review, the exports of reached the peak figure at $57K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 8.2 | 12.1 | 3.8 | 9.9 | 6.5% |
| United States | 2.3 | N/A | 1.6 | 4.4 | 24.1% |
| Costa Rica | 1.2 | 0.4 | 1.2 | 4.1 | 50.6% |
| Guatemala | 0.2 | N/A | N/A | 0.6 | 44.2% |
| Dominican Republic | N/A | 0.4 | N/A | N/A | 0% |
| Colombia | 30.6 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 1.9 | N/A | 0% |
| Others | 14.8 | 5.2 | 2.8 | 3.0 | -41.3% |
| Total | 57.2 | 18.1 | 11.3 | 22.0 | -27.3% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Ecuador in 2022:
- Costa Rica (22.1K pairs)
- United States (9.5K pairs)
- Netherlands (3.4K pairs)
- Guatemala (1.7K pairs)
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
581
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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