Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Russia - 2022
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $1.1 per pair, growing by 7.3% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 38%. As a result, import price attained the peak level of $1.6 per pair. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($1.3 per pair), while the price for South Korea ($386 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 (+0.1%), while the prices for the other major suppliers experienced a decline.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $819 per thousand pairs in 2022, growing by 21% against the previous year. Over the period under review, the export price recorded a slight increase. The growth pace was the most rapid in 2017 an increase of 72%. The export price peaked at $1.1 per pair in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +1.5% per year.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia
For the fourth consecutive year, Russia recorded growth in overseas purchases of gloves, mittens and mitts; knitted or crocheted, which increased by 26% to 164M pairs in 2022. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted soared to $185M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +79.0% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 95.9 | 72.2 | 98.6 | 157 | 17.9% |
| Armenia | 10.5 | 8.5 | 12.0 | 13.5 | 8.7% |
| South Korea | 1.5 | 1.1 | 1.2 | 0.6 | -26.3% |
| Sri Lanka | 2.7 | 2.8 | 2.3 | 0.4 | -47.1% |
| Others | 20.2 | 18.8 | 22.1 | 13.5 | -12.6% |
| Total | 131 | 103 | 136 | 185 | 12.2% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Russia in 2022:
- China (122.8M pairs)
- Armenia (31.3M pairs)
- South Korea (1.6M pairs)
- Sri Lanka (0.6M pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia
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 -58.2% to 6.7M pairs. In general, exports showed a mild setback. The pace of growth was the most pronounced in 2020 with an increase of 71% against the previous year. The exports peaked at 16M pairs in 2021, and then fell sharply in the following year.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted reduced remarkably to $5.5M in 2022. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 25% against the previous year. As a result, the exports attained the peak of $11M, and then dropped dramatically in the following year.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 3.0 | 3.9 | 4.3 | 5.2 | 20.1% |
| Belarus | 4.6 | 4.4 | 5.9 | N/A | 13.3% |
| Others | 0.5 | 0.4 | 0.7 | 0.3 | -15.7% |
| Total | 8.1 | 8.7 | 10.9 | 5.5 | -12.1% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Russia in 2022:
- Kazakhstan (6.5M pairs)
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