Price for Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand - 2024
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (CIF) - 2024
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (FOB) - 2024
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (CIF) - 2024
The average import price for gloves, mittens and mitts; knitted or crocheted stood at $22.6 per pair in May 2024, almost unchanged from the previous month. Over the period from May 2023 to May 2024, it increased at an average monthly rate of +2.3%. The pace of growth appeared the most rapid in October 2023 an increase of 44% against the previous month. The import price peaked at $25.3 per pair in December 2023; however, from January 2024 to May 2024, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($51.9 per pair), while the price for Bangladesh ($12.1 per pair) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was attained by Vietnam (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (FOB) - 2024
In May 2024, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $104 per pair, rising by 53% against the previous month. Over the period under review, the export price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in September 2023 an increase of 69% m-o-m. The export price peaked at $135 per pair in October 2023; however, from November 2023 to May 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 Australia ($117 per pair), while the average price for exports to Cook Islands ($18.8 per pair) was amongst the lowest.
From May 2023 to May 2024, the most notable rate of growth in terms of prices was recorded for supplies to Mauritius (+2.6%), while the prices for the other major destinations experienced a decline.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand
Imports of gloves, mittens and mitts; knitted or crocheted into New Zealand reduced sharply to 6.2M pairs in 2022, shrinking by -18.5% compared with the previous year. The total import volume increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports reached the peak of 7.6M pairs, and then declined significantly in the following year.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted fell to $14M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $15M, and then declined in the following year.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.1 | 4.1 | 6.1 | 5.0 | -0.7% |
| Pakistan | 1.9 | 1.8 | 1.9 | 2.2 | 5.0% |
| Sri Lanka | 1.3 | 1.5 | 2.1 | 1.9 | 13.5% |
| Vietnam | 0.7 | 0.7 | 1.2 | 1.2 | 19.7% |
| South Korea | 0.5 | 0.4 | 0.7 | 0.9 | 21.6% |
| Bangladesh | 0.3 | 0.2 | 0.5 | 0.4 | 10.1% |
| Malaysia | 0.5 | 0.5 | 0.6 | 0.4 | -7.2% |
| Thailand | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Others | 1.0 | 1.2 | 1.4 | 1.4 | 11.9% |
| Total | 11.3 | 10.4 | 14.6 | 13.8 | 6.9% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to New Zealand in 2022:
- China (2008.3K pairs)
- Pakistan (1145.1K pairs)
- Sri Lanka (857.4K pairs)
- Vietnam (513.1K pairs)
- South Korea (426.0K pairs)
- Bangladesh (321.1K pairs)
- Thailand (181.9K pairs)
- Malaysia (181.8K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand
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 -26.1% to 147K pairs. Overall, exports saw a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 5.7% against the previous year. As a result, the exports attained the peak of 200K pairs, and then declined remarkably in the following year.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted soared to $954K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 650 | 630 | 581 | 766 | 5.6% |
| Netherlands | N/A | N/A | 62.1 | 55.2 | -11.1% |
| United Kingdom | 88.4 | 65.4 | 27.6 | 39.8 | -23.4% |
| Fiji | 17.7 | 29.6 | 16.3 | 13.8 | -8.0% |
| Singapore | 1.3 | 0.5 | 11.6 | 11.4 | 106.2% |
| Cook Islands | 17.1 | 41.7 | 18.1 | 10.7 | -14.5% |
| Samoa | 3.0 | 4.9 | 5.6 | 9.0 | 44.2% |
| India | N/A | N/A | 3.6 | 5.9 | 63.9% |
| Canada | 13.2 | 13.2 | 15.5 | 4.2 | -31.7% |
| Others | 50.7 | 39.7 | 44.8 | 38.2 | -9.0% |
| Total | 842 | 825 | 786 | 954 | 4.3% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from New Zealand in 2022:
- Australia (105.7K pairs)
- Netherlands (13.9K pairs)
- Fiji (4.4K pairs)
- Singapore (3.4K pairs)
- Samoa (3.1K pairs)
- Cook Islands (3.1K pairs)
- India (2.8K pairs)
- United Kingdom (2.4K pairs)
- Canada (1.6K 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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