Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (CIF) - 2024
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (CIF) - 2024
In April 2024, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $9.9 per pair, increasing by 4.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2023 when the average import price increased by 63% against the previous month. As a result, import price attained the peak level of $12.6 per pair. From January 2024 to April 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($17.3 per pair), while the price for Spain ($3.7 per pair) was amongst the lowest.
From April 2023 to April 2024, the most notable rate of growth in terms of prices was attained by Japan (+33.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $988 per thousand pairs in 2022, declining by -20.5% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 138% against the previous year. As a result, the export price attained the peak level of $1.7 per pair. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belize ($1.3 per pair), while the average price for exports to Panama ($250 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 Mexico (+72.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala
Imports of gloves, mittens and mitts; knitted or crocheted into Guatemala surged to 3.8M pairs in 2022, jumping by 25% on 2021. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.8% 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 +67.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted skyrocketed to $3.4M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 327 | 748 | 1,036 | 2,104 | 86.0% |
| Malaysia | N/A | N/A | 137 | 383 | 179.6% |
| United States | 1,084 | 1,048 | 925 | 281 | -36.2% |
| Mexico | 208 | 152 | 261 | 166 | -7.2% |
| Taiwan (Chinese) | N/A | N/A | 1.1 | 62.9 | 5618.2% |
| Panama | 170 | 179 | 167 | 5.3 | -68.5% |
| El Salvador | 54.5 | 48.7 | 68.1 | N/A | 11.8% |
| Others | 105 | 103 | 276 | 426 | 59.5% |
| Total | 1,949 | 2,278 | 2,870 | 3,428 | 20.7% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Guatemala in 2022:
- China (2859.3K pairs)
- United States (241.2K pairs)
- Malaysia (232.2K pairs)
- Mexico (130.0K pairs)
- Taiwan (Chinese) (81.1K pairs)
- Panama (1.3K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala
In 2022, after three years of growth, there was significant decline in shipments abroad of gloves, mittens and mitts; knitted or crocheted, when their volume decreased by -23.7% to 36K pairs. Overall, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 153%. As a result, the exports attained the peak of 47K pairs, and then contracted rapidly in the following year.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted shrank significantly to $35K in 2022. In general, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year. As a result, the exports attained the peak of $58K, and then declined notably in the following year.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 2.3 | 9.9 | 35.7 | 14.8 | 86.0% |
| Belize | 2.4 | 16.4 | 4.5 | 11.8 | 70.0% |
| El Salvador | 2.8 | 3.9 | 15.9 | 8.5 | 44.8% |
| Nicaragua | 2.7 | 0.3 | 0.2 | N/A | -72.8% |
| United States | N/A | N/A | 1.3 | N/A | 0% |
| Mexico | 18.1 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.6 | 0.2 | -12.6% |
| Total | 28.6 | 30.7 | 58.1 | 35.3 | 7.3% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Guatemala in 2022:
- Honduras (15.0K pairs)
- El Salvador (11.6K pairs)
- Belize (8.8K 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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