Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (CIF) - 2022
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $519 per thousand pairs in 2022, declining by -10.4% against the previous year. Overall, the import price showed a deep slump. The growth pace was the most rapid in 2016 when the average import price increased by 115% against the previous year. The import price peaked at $5.2 per pair in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($2.8 per pair), while the price for Pakistan ($311 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $639 per thousand pairs, falling by -47.3% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 517% against the previous year. The export price peaked at $12 per pair in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($5.7 per pair), while the average price for exports to Romania ($439 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 the United States (+15.9%), while the prices for the other major destinations experienced a decline.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary
For the fourth year in a row, Hungary recorded growth in purchases abroad of gloves, mittens and mitts; knitted or crocheted, which increased by 27% to 71M pairs in 2022. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 238% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted reached $37M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.0 | 6.3 | 9.3 | 12.9 | 29.1% |
| Czech Republic | 5.5 | 3.5 | 3.8 | 4.3 | -7.9% |
| Slovenia | 3.0 | 3.1 | 2.8 | 3.4 | 4.3% |
| Poland | 3.7 | 3.3 | 4.1 | 3.2 | -4.7% |
| France | 3.7 | 2.8 | 3.0 | 3.2 | -4.7% |
| Germany | 3.0 | 2.5 | 2.9 | 2.7 | -3.5% |
| Austria | 1.1 | 0.8 | 1.0 | 1.0 | -3.1% |
| Pakistan | 0.1 | 0.3 | 0.3 | 0.4 | 58.7% |
| Others | 9.0 | 5.2 | 5.2 | 5.6 | -14.6% |
| Total | 35.1 | 27.8 | 32.4 | 36.7 | 1.5% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Hungary in 2022:
- China (40.6M pairs)
- Slovenia (9.5M pairs)
- Czech Republic (5.8M pairs)
- Poland (4.3M pairs)
- France (2.4M pairs)
- Germany (2.3M pairs)
- Pakistan (1.2M pairs)
- Austria (1.2M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary
For the fourth year in a row, Hungary recorded growth in shipments abroad of gloves, mittens and mitts; knitted or crocheted, which increased by 74% to 12M pairs in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 113%. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted declined to $7.7M in 2022. Overall, exports, however, continue to indicate a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. The exports peaked at $11M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 2,444 | 1,459 | 2,196 | 2,575 | 1.8% |
| Germany | 2,925 | 1,534 | 1,726 | 1,262 | -24.4% |
| Slovakia | 2,012 | 273 | 755 | 719 | -29.0% |
| France | 669 | 415 | 414 | 588 | -4.2% |
| Serbia | 28.2 | 121 | 267 | 373 | 136.5% |
| Poland | 222 | 101 | 192 | 305 | 11.2% |
| Czech Republic | 149 | 129 | 320 | 288 | 24.6% |
| Bulgaria | 105 | 152 | 153 | 207 | 25.4% |
| Croatia | 197 | 231 | 208 | 172 | -4.4% |
| Slovenia | 234 | 134 | 116 | 141 | -15.5% |
| Others | 1,857 | 1,071 | 2,086 | 1,116 | -15.6% |
| Total | 10,842 | 5,619 | 8,433 | 7,747 | -10.6% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Hungary in 2022:
- Romania (5.9M pairs)
- Germany (1.9M pairs)
- Slovakia (0.9M pairs)
- Poland (0.5M pairs)
- Czech Republic (0.4M pairs)
- France (0.4M pairs)
- Serbia (0.3M pairs)
- Slovenia (0.3M pairs)
- Bulgaria (0.3M pairs)
- Croatia (0.2M 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.
Nothing found. Please try again.
