Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (CIF) - 2024
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (CIF) - 2024
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $459 per thousand pairs in April 2024, increasing by 10% against the previous month. In general, the import price, however, showed a pronounced shrinkage. The growth pace was the most rapid in August 2023 when the average import price increased by 88% against the previous month. The import price peaked at $1.0 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 Germany ($1.7 per pair), while the price for China ($270 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 Germany (+1.2%), while the prices for the other major suppliers experienced a decline.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $1.3 per pair, growing by 16% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 22%. The export price peaked at $1.7 per pair in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($5 per pair), while the average price for exports to Bulgaria ($420 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 Kazakhstan (+15.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania
In 2022, the amount of gloves, mittens and mitts; knitted or crocheted imported into Lithuania surged to 25M pairs, jumping by 20% against 2021 figures. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +27.3% 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 +106.5% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted skyrocketed to $14M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.5% 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 +71.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.0 | 3.8 | 5.0 | 6.8 | 19.3% |
Poland | 0.7 | 0.7 | 1.2 | 1.5 | 28.9% |
Germany | 0.5 | 0.5 | 0.7 | 1.2 | 33.9% |
Sweden | 0.6 | 0.9 | 1.4 | 0.8 | 10.1% |
Latvia | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
Czech Republic | 0.2 | 0.1 | 0.3 | 0.4 | 26.0% |
Pakistan | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
Others | 1.6 | 1.6 | 2.0 | 2.5 | 16.0% |
Total | 8.2 | 8.2 | 11.4 | 14.0 | 19.5% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Lithuania in 2022:
- China (17.3M pairs)
- Poland (1.8M pairs)
- Czech Republic (1.5M pairs)
- Latvia (0.9M pairs)
- Germany (0.8M pairs)
- Sweden (0.4M pairs)
- Pakistan (0.3M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania
In 2022, the amount of gloves, mittens and mitts; knitted or crocheted exported from Lithuania rose modestly to 3.1M pairs, growing by 2.4% compared with the year before. Overall, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -7.0% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 62% against the previous year. As a result, the exports reached the peak of 3.3M 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 surged to $3.9M in 2022. The total export value increased at an average annual rate of +10.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 1,296 | 1,285 | 1,400 | 1,340 | 1.1% |
Poland | 131 | 59.1 | 102 | 445 | 50.3% |
Kazakhstan | 99.1 | 131 | 66.5 | 417 | 61.4% |
Russia | 476 | 483 | 508 | 413 | -4.6% |
Estonia | 299 | 238 | 323 | 333 | 3.7% |
Germany | 54.3 | 63.9 | 54.4 | 65.7 | 6.6% |
Bulgaria | 28.1 | 57.6 | 82.3 | 48.7 | 20.1% |
Spain | 57.9 | 75.2 | 75.8 | 31.0 | -18.8% |
Cyprus | 0.3 | 2.2 | 5.7 | 26.1 | 343.1% |
Others | 427 | 598 | 685 | 796 | 23.1% |
Total | 2,869 | 2,993 | 3,303 | 3,916 | 10.9% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Lithuania in 2022:
- Latvia (1826.2K pairs)
- Estonia (307.9K pairs)
- Russia (174.6K pairs)
- Poland (124.5K pairs)
- Bulgaria (116.0K pairs)
- Germany (105.7K pairs)
- Kazakhstan (83.1K pairs)
- Cyprus (58.2K pairs)
- Spain (29.0K pairs)
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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