Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia - 2022
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (CIF) - 2022
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $495 per thousand pairs in 2022, jumping by 38% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% 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 increased by +85.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($761 per thousand pairs), while the price for India ($386 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the prices for the other major suppliers experienced a decline.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $326 per thousand pairs in 2022, which is down by -17% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 63%. The export price peaked at $798 per thousand pairs in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -10.1% per year.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia
In 2022, purchases abroad of gloves, mittens and mitts; knitted or crocheted decreased by -46.7% to 814K pairs, falling for the second consecutive year after two years of growth. Overall, imports saw a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 31%. As a result, imports reached the peak of 2.5M pairs. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted contracted notably to $403K in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 60%. As a result, imports reached the peak of $808K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 393 | 718 | 421 | 312 | -7.4% |
| Bolivia | 4.9 | 5.5 | 5.7 | 7.4 | 14.7% |
| India | 15.1 | 8.5 | 10.2 | 7.3 | -21.5% |
| Italy | 3.4 | 4.8 | 52.8 | 0.2 | -61.1% |
| Others | 87.0 | 70.6 | 59.8 | 75.9 | -4.4% |
| Total | 504 | 808 | 549 | 403 | -7.2% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Ethiopia in 2022:
- China (718.4K pairs)
- India (19.1K pairs)
- Bolivia (13.4K pairs)
- Italy (0.3K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia
In 2022, overseas shipments of gloves, mittens and mitts; knitted or crocheted decreased by -64.3% to 141K pairs, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 with an increase of 34% against the previous year. As a result, the exports attained the peak of 2.1M pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted contracted remarkably to $46K in 2022. Overall, exports showed a sharp slump. The smallest decline of -14.2% was in 2020. Over the period under review, the exports of reached the maximum at $582K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 578 | 496 | 149 | 37.7 | -59.7% |
| Others | 3.8 | 3.4 | 5.4 | 8.2 | 29.2% |
| Total | 582 | 500 | 155 | 45.9 | -57.1% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Ethiopia in 2022:
- United States (137.0K 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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