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

Contents:

  1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Germany (CIF) - 2024
  2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Germany (FOB) - 2024
  3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Germany
  4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Germany

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

In April 2024, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $766 per thousand pairs, waning by -24.7% against the previous month. Overall, the import price saw a noticeable decrease. The pace of growth was the most pronounced in March 2024 an increase of 24% m-o-m. Over the period under review, average import prices attained the maximum at $1.2 per pair in October 2023; however, from November 2023 to April 2024, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($2.2 per pair), while the price for Pakistan ($387 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 the Netherlands (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In April 2024, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.3 per pair, jumping by 31% against the previous month. Over the period from April 2023 to April 2024, it increased at an average monthly rate of +2.4%. Over the period under review, the average export prices attained the maximum at $2.5 per pair in February 2024; however, from March 2024 to April 2024, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4.4 per pair), while the average price for exports to Turkey ($1.5 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 France (+0.1%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Germany recorded growth in supplies from abroad of gloves, mittens and mitts; knitted or crocheted, which increased by 15% to 536M pairs in 2022. Overall, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted rose notably to $519M in 2022. The total import value increased at an average annual rate of +8.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1891511912225.5%
Sri Lanka57.940.261.361.11.8%
Pakistan42.438.545.745.02.0%
Netherlands5.723.722.736.886.2%
Belgium14.038.940.433.033.1%
France1.918.818.216.3104.7%
Vietnam12.18.411.514.66.5%
South Korea22.010.611.412.5-17.2%
Others61.162.978.277.68.3%
Total4063934805198.5%

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

  1. China (279.5M pairs)
  2. Pakistan (84.8M pairs)
  3. Netherlands (46.3M pairs)
  4. Sri Lanka (37.5M pairs)
  5. Belgium (15.7M pairs)
  6. South Korea (13.1M pairs)
  7. Vietnam (8.9M pairs)
  8. France (8.0M pairs)

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

For the fourth year in a row, Germany recorded growth in overseas shipments of gloves, mittens and mitts; knitted or crocheted, which increased by 5.4% to 115M pairs in 2022. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 72%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted dropped to $185M in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 23% against the previous year. As a result, the exports reached the peak of $186M, leveling off in the following year.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria26.527.032.433.07.6%
Poland18.919.026.927.513.3%
France12.012.315.515.99.8%
Italy8.69.712.613.516.2%
Switzerland11.611.513.812.83.3%
Netherlands11.310.912.610.5-2.4%
Belgium6.57.37.77.13.0%
Spain4.85.36.76.711.8%
Czech Republic4.85.26.36.410.1%
Finland2.42.73.94.523.3%
Denmark3.43.54.34.16.4%
Hungary3.32.93.43.41.0%
Slovenia1.41.62.02.419.7%
Others32.232.238.137.55.2%
Total1481511861857.7%

Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Germany in 2022:

  1. Austria (25.9M pairs)
  2. Poland (22.1M pairs)
  3. Italy (9.0M pairs)
  4. France (8.1M pairs)
  5. Switzerland (5.7M pairs)
  6. Netherlands (5.4M pairs)
  7. Spain (4.5M pairs)
  8. Czech Republic (4.3M pairs)
  9. Belgium (3.6M pairs)
  10. Denmark (2.6M pairs)
  11. Hungary (2.2M pairs)
  12. Finland (2.1M pairs)
  13. Slovenia (2.1M pairs)

Source: IndexBox Market Intelligence Platform

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Free Data: Gloves, mittens and mitts; knitted or crocheted - Germany