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

Contents:

  1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (CIF) - 2024
  2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (FOB) - 2024
  3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia
  4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (CIF) - 2024

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $437 per thousand pairs in April 2024, dropping by -48.1% against the previous month. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in September 2023 an increase of 78% month-to-month. Over the period under review, average import prices hit record highs at $1.2 per pair in December 2023; however, from January 2024 to April 2024, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From April 2023 to April 2024, the rate of growth in terms of prices for Germany amounted to +6.8% per month.

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (FOB) - 2024

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $3.6 per pair in April 2024, jumping by 77% against the previous month. Overall, the export price saw buoyant growth. The growth pace was the most rapid in March 2024 an increase of 201% month-to-month. The export price peaked in April 2024.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($33.1 per pair), while the average price for exports to Tunisia ($257 per thousand pairs) was amongst the lowest.

From April 2023 to April 2024, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+143.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, purchases abroad of gloves, mittens and mitts; knitted or crocheted decreased by -22.8% to 21M pairs in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 49% against the previous year. Imports peaked at 27M pairs in 2021, and then contracted significantly in the following year.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted expanded sharply to $20M in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.38.17.68.034.3%
Germany1.52.22.42.417.0%
Poland0.32.11.31.985.0%
Belgium1.21.31.71.610.1%
Austria0.10.81.11.3135.1%
China6.50.61.21.0-46.4%
Hungary0.30.30.70.838.7%
France0.70.60.70.84.6%
SwedenN/A0.20.20.673.2%
Pakistan0.70.10.40.4-17.0%
NetherlandsN/A0.10.30.4100.0%
Others5.21.01.11.0-42.3%
Total19.617.318.520.10.8%

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

  1. Czech Republic (10.5M pairs)
  2. China (1.8M pairs)
  3. Germany (1.7M pairs)
  4. Poland (1.4M pairs)
  5. Austria (1.1M pairs)
  6. Belgium (0.9M pairs)
  7. Hungary (0.6M pairs)
  8. France (0.6M pairs)
  9. Pakistan (0.4M pairs)
  10. Netherlands (0.4M pairs)
  11. Sweden (0.4M pairs)

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

In 2022, approx. 3.2M pairs of gloves, mittens and mitts; knitted or crocheted were exported from Slovakia; picking up by 15% compared with 2021 figures. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 25% against the previous year. As a result, the exports reached the peak of 4M pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted soared to $4.3M in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The exports peaked at $4.9M in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,1441,1478921,067-2.3%
Czech Republic1,1001,583992967-4.2%
Austria22717438764141.3%
Poland5164765055995.1%
Hungary4444374884973.8%
Romania809802117190-38.3%
Italy17.344.061.587.971.9%
Croatia50.336.956.968.010.6%
Others87.618118018528.3%
Total4,3954,8803,6794,301-0.7%

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

  1. Czech Republic (863.4K pairs)
  2. Austria (706.3K pairs)
  3. Hungary (487.4K pairs)
  4. Germany (385.7K pairs)
  5. Poland (347.2K pairs)
  6. Romania (127.2K pairs)
  7. Italy (72.1K pairs)
  8. Croatia (64.4K pairs)

Source: IndexBox Market Intelligence Platform

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