Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay - 2024

Contents:

  1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (CIF) - 2022
  2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (FOB) - 2022
  3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay
  4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (CIF) - 2022

In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $744 per thousand pairs, jumping by 36% against the previous year. Overall, the import price showed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 60%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1.7 per pair), while the price for China ($592 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (FOB) - 2022

In 2021, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $900 per thousand pairs, therefore, remained relatively stable against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2016 when the average export price decreased by -31%. The export price peaked at $2 per pair in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Chile ($1.6 per pair), while the average price for exports to Brazil ($412 per thousand pairs) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (-1.6%).

Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay

In 2022, the amount of gloves, mittens and mitts; knitted or crocheted imported into Paraguay stood at 1.8M pairs, remaining constant against the previous year. In general, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +74.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 74%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted surged to $1.4M in 2022. Over the period under review, imports showed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 54%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57743571590016.0%
Brazil42.248.585.815855.3%
United States45.266.442.274.318.0%
Others12597.115122120.9%
Total7906479931,35319.6%

Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Paraguay in 2022:

  1. China (1520.2K pairs)
  2. Brazil (177.7K pairs)
  3. United States (43.8K pairs)

Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay

In 2021, the amount of gloves, mittens and mitts; knitted or crocheted exported from Paraguay amounted to 30 pairs, approximately equating the previous year. Over the period under review, exports showed a precipitous curtailment. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of attained the peak figure at 3.3K pairs in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted stood at $27 in 2021. Overall, exports saw a precipitous curtailment. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the maximum at $2.9K in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Paraguay (USD)
COUNTRY201920202021CAGR,
2019-2021
Chile343N/A16.0-78.4%
Brazil48.0N/A7.0-61.8%
CanadaN/AN/A4.00%
Portugal2,513N/AN/A0%
OthersN/AN/AN/A0%
Total2,904N/A27.0-90.4%

Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Paraguay in 2022:

  1. Brazil (17.0 pairs)
  2. Chile (10.0 pairs)
  3. Canada (3.0 pairs)

Source: IndexBox Market Intelligence Platform

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