Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $2 per pair, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($2.2 per pair), while the price for Turkey ($1.3 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.4 per pair, surging by 23% against the previous year. In general, the export price, however, saw a slight decrease. The export price peaked at $2.6 per pair in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($2.5 per pair), while the average price for exports to Malaysia ($568 per thousand pairs) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.5%), while the prices for the other major destinations experienced a decline.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt
After three years of growth, overseas purchases of gloves, mittens and mitts; knitted or crocheted decreased by -20.7% to 964K pairs in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +5.5% 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 +17.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43% against the previous year. As a result, imports reached the peak of 1.2M pairs, and then dropped markedly in the following year.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted declined to $2M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% 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 +38.0% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58%. As a result, imports attained the peak of $2.2M, and then reduced in the following year.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 631 | 644 | 1,186 | 1,048 | 18.4% |
| Indonesia | 72.8 | N/A | 112 | 257 | 52.3% |
| Sri Lanka | 185 | 332 | 250 | 245 | 9.8% |
| Portugal | 9.8 | 8.8 | 13.3 | 134 | 139.1% |
| Vietnam | 61.5 | 8.1 | 132 | 115 | 23.2% |
| Spain | 12.6 | 42.1 | 25.6 | 46.3 | 54.3% |
| Pakistan | 74.9 | 31.5 | 162 | 41.7 | -17.7% |
| United States | 66.8 | 14.8 | 10.3 | 20.2 | -32.9% |
| South Korea | 143 | 109 | 42.5 | 5.2 | -66.9% |
| Turkey | 0.6 | 99.1 | 160 | 2.7 | 65.1% |
| Others | 228 | 129 | 142 | 40.2 | -43.9% |
| Total | 1,485 | 1,417 | 2,237 | 1,956 | 9.6% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Egypt in 2022:
- China (523.1K pairs)
- Indonesia (125.0K pairs)
- Sri Lanka (119.4K pairs)
- Portugal (65.2K pairs)
- Vietnam (55.8K pairs)
- Spain (22.5K pairs)
- Pakistan (20.3K pairs)
- United States (9.2K pairs)
- South Korea (2.5K pairs)
- Turkey (2.0K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Egypt
In 2022, approx. 133K pairs of gloves, mittens and mitts; knitted or crocheted were exported from Egypt; jumping by 156% on the previous year. Over the period under review, exports continue to indicate a significant increase. 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 $323K in 2022. Overall, exports continue to indicate a significant expansion. 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 Egypt (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| United States | 82.6 | 101 | 315 | 95.3% |
| United Arab Emirates | 4.5 | N/A | 5.7 | 12.5% |
| Malaysia | N/A | N/A | 2.6 | 0% |
| Others | 1.1 | 1.6 | 0.3 | -47.8% |
| Total | 88.2 | 103 | 323 | 91.4% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Egypt in 2022:
- United States (125.2K pairs)
- Malaysia (4.6K pairs)
- United Arab Emirates (2.5K pairs)
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