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

Contents:

  1. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Spain (CIF) - 2024
  2. Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Spain (FOB) - 2022
  3. Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Spain
  4. Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Spain

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

The average import price for gloves, mittens and mitts; knitted or crocheted stood at $1.3 per pair in April 2024, falling by -2.3% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 50% month-to-month. As a result, import price attained the peak level of $2.5 per pair. From December 2023 to April 2024, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($4.8 per pair), while the price for China ($701 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 the Netherlands (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $2.1 per pair in 2022, jumping by 19% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $2.8 per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4 per pair), while the average price for exports to Morocco ($794 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 Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Spain recorded growth in supplies from abroad of gloves, mittens and mitts; knitted or crocheted, which increased by 2.2% to 70M pairs in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 32% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted amounted to $94M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.1% 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 +44.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China27.020.631.140.614.6%
Pakistan5.94.66.19.718.0%
France3.811.112.19.736.7%
Netherlands2.43.24.84.926.9%
Germany2.84.84.14.517.1%
Sri Lanka4.23.44.83.9-2.4%
Belgium3.76.05.03.70.0%
India4.42.75.13.6-6.5%
Indonesia0.70.10.12.756.8%
United Kingdom0.93.80.60.1-51.9%
Others9.19.013.110.34.2%
Total64.769.287.093.713.1%

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

  1. China (43.8M pairs)
  2. Pakistan (5.2M pairs)
  3. France (4.0M pairs)
  4. Netherlands (3.1M pairs)
  5. Germany (2.2M pairs)
  6. Sri Lanka (2.1M pairs)
  7. India (1.9M pairs)
  8. Indonesia (1.5M pairs)
  9. Belgium (1.3M pairs)

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

Exports of gloves, mittens and mitts; knitted or crocheted from Spain was estimated at 15M pairs in 2022, surging by 1.6% on the previous year's figure. Overall, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +92.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 40% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted surged to $31M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.0% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 42%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.25.67.59.823.5%
Portugal3.33.55.36.122.7%
Italy1.81.82.84.434.7%
Germany1.31.51.82.117.3%
Poland0.70.91.51.426.0%
United Kingdom1.10.70.90.8-10.1%
Belgium0.60.50.70.75.3%
Turkey0.50.60.50.66.3%
Morocco0.30.30.40.518.6%
Czech Republic0.1N/A0.20.458.7%
Tunisia0.30.10.20.1-30.7%
Others1.92.23.73.826.0%
Total16.917.925.430.621.9%

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

  1. Portugal (4.3M pairs)
  2. France (3.8M pairs)
  3. Italy (1.7M pairs)
  4. Germany (1.0M pairs)
  5. Morocco (0.6M pairs)
  6. Turkey (0.5M pairs)
  7. Poland (0.4M pairs)
  8. Czech Republic (0.3M pairs)
  9. Belgium (0.3M pairs)
  10. United Kingdom (0.2M pairs)
  11. Tunisia (0.1M pairs)

Source: IndexBox Market Intelligence Platform

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