Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (CIF) - 2024
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (CIF) - 2024
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $843 per thousand pairs in April 2024, with a decrease of -42.5% against the previous month. Over the period under review, the import price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in February 2024 when the average import price increased by 77% month-to-month. Over the period under review, average import prices reached the peak figure at $1.9 per pair in December 2023; however, from January 2024 to April 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($2.1 per pair), while the price for Pakistan ($263 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 Sri Lanka (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.7 per pair, growing by 20% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($10 per pair), while the average price for exports to Austria ($446 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 Belgium (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland
In 2022, imports of gloves, mittens and mitts; knitted or crocheted into Ireland expanded modestly to 21M pairs, picking up by 4% on the year before. In general, total imports indicated a measured expansion from 2019 to 2022: its volume increased at an average annual rate of +3.2% 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 +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 52% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted declined slightly to $21M in 2022. The total import value increased at an average annual rate of +4.1% 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 2021 when imports increased by 47%. As a result, imports attained the peak of $21M, leveling off in the following year.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 2.9 | 7.7 | 8.1 | 21.6% |
| Pakistan | 1.1 | 1.0 | 2.2 | 2.0 | 22.1% |
| Sri Lanka | 6.4 | 1.1 | 2.5 | 1.9 | -33.3% |
| United Kingdom | 3.2 | 6.1 | 2.8 | 1.5 | -22.3% |
| Germany | 0.9 | 0.9 | 0.5 | 0.9 | 0.0% |
| France | 0.1 | 0.4 | 0.6 | 0.8 | 100.0% |
| India | 0.1 | 0.2 | 0.5 | 0.5 | 71.0% |
| Belgium | 0.2 | 0.4 | 0.7 | 0.4 | 26.0% |
| Bangladesh | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 2.0 | 1.4 | 3.3 | 4.7 | 33.0% |
| Total | 18.6 | 14.4 | 21.1 | 21.0 | 4.1% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Ireland in 2022:
- China (7.6M pairs)
- Pakistan (3.1M pairs)
- France (2.6M pairs)
- India (1.0M pairs)
- United Kingdom (0.9M pairs)
- Sri Lanka (0.9M pairs)
- Belgium (0.8M pairs)
- Bangladesh (0.6M pairs)
- Germany (0.4M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland
In 2022, exports of gloves, mittens and mitts; knitted or crocheted from Ireland fell dramatically to 554K pairs, which is down by -46.7% against 2021. Overall, exports saw a precipitous setback. The growth pace was the most rapid in 2021 with an increase of 19%. The exports peaked at 1.3M pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted fell markedly to $1.5M in 2022. In general, exports recorded a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $2.3M, and then contracted rapidly in the following year.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,322 | 1,085 | 1,722 | 1,005 | -8.7% |
| Belgium | 3.0 | 25.2 | 101 | 88.4 | 208.9% |
| France | 50.0 | 36.1 | 14.4 | 63.4 | 8.2% |
| Netherlands | 34.8 | 9.6 | 49.8 | 57.4 | 18.2% |
| Germany | 35.4 | 94.7 | 89.6 | 49.9 | 12.1% |
| Mexico | 132 | 33.8 | 67.6 | 42.4 | -31.5% |
| United States | 22.8 | 23.6 | 29.1 | 31.2 | 11.0% |
| Czech Republic | 45.1 | 30.5 | 21.6 | 15.9 | -29.4% |
| Austria | 5.5 | 6.1 | 8.2 | 8.5 | 15.6% |
| Hungary | 47.0 | 6.4 | 9.0 | 6.6 | -48.0% |
| Romania | N/A | 17.3 | 5.2 | 2.3 | -63.5% |
| Malta | 10.8 | N/A | N/A | N/A | 0% |
| Others | 110 | 219 | 202 | 117 | 2.1% |
| Total | 1,819 | 1,587 | 2,320 | 1,488 | -6.5% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Ireland in 2022:
- United Kingdom (327.6K pairs)
- Germany (46.0K pairs)
- Czech Republic (31.7K pairs)
- Mexico (28.7K pairs)
- France (20.5K pairs)
- Austria (19.1K pairs)
- United States (12.8K pairs)
- Hungary (11.4K pairs)
- Netherlands (10.8K pairs)
- Belgium (8.4K pairs)
- Romania (6.9K pairs)
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