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

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

In April 2024, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $1.2 per pair, which is down by -31.6% against the previous month. Overall, the import price recorded a slight descent. The most prominent rate of growth was recorded in March 2024 an increase of 63% m-o-m. The import price peaked at $2.0 per pair in November 2023; however, from December 2023 to April 2024, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($2.6 per pair), while the price for China ($941 per thousand pairs) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In April 2024, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.8 per pair, picking up by 38% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.7%. The export price peaked at $3.0 per pair in February 2024; however, from March 2024 to April 2024, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In April 2024, the country with the highest price was Israel ($5.5 per pair), while the average price for exports to Turkey ($1.3 per pair) 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 Switzerland (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 202M pairs of gloves, mittens and mitts; knitted or crocheted were imported into France; surging by 4.8% compared with 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted amounted to $302M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	126	83.5	94.6	108	-5.0%
Belgium	18.5	59.0	67.6	69.2	55.2%
Netherlands	4.0	11.8	15.2	18.4	66.3%
Pakistan	15.9	15.5	17.8	17.8	3.8%
Vietnam	17.7	12.1	9.7	14.5	-6.4%
South Korea	11.7	11.3	10.9	11.8	0.3%
Malaysia	13.0	11.3	10.3	10.8	-6.0%
Germany	4.1	12.0	10.8	10.6	37.2%
Sri Lanka	15.8	2.7	3.3	2.5	-45.9%
Others	35.8	34.7	40.1	38.4	2.4%
Total	262	254	280	302	4.9%

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

China (112.3M pairs)
Belgium (30.1M pairs)
Pakistan (14.4M pairs)
Netherlands (9.5M pairs)
South Korea (5.9M pairs)
Germany (5.2M pairs)
Malaysia (5.1M pairs)
Vietnam (4.4M pairs)
Sri Lanka (1.8M pairs)

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

In 2022, shipments abroad of gloves, mittens and mitts; knitted or crocheted decreased by -6.4% to 49M pairs, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 48%. As a result, the exports attained the peak of 53M pairs. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted contracted modestly to $96M in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 6.8% against the previous year. As a result, the exports reached the peak of $97M, and then declined in the following year.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in France (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	14.0	13.9	16.7	16.7	6.1%
Germany	12.3	12.7	11.9	12.6	0.8%
Poland	10.1	9.8	11.5	10.9	2.6%
Spain	12.1	11.0	12.9	10.9	-3.4%
Belgium	9.0	8.7	10.3	9.3	1.1%
Netherlands	2.8	3.1	4.5	5.5	25.2%
United Kingdom	6.8	6.5	4.5	4.4	-13.5%
Hungary	3.0	2.9	2.9	2.9	-1.1%
Romania	2.2	2.4	2.4	2.7	7.1%
Portugal	2.0	2.0	2.3	2.0	0.0%
Turkey	2.4	2.0	1.5	1.4	-16.4%
Slovakia	1.6	1.2	1.3	1.2	-9.1%
Others	15.3	14.3	14.0	15.2	-0.2%
Total	93.7	90.5	96.6	95.7	0.7%