Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka - 2022
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (FOB) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (CIF) - 2022
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (FOB) - 2022
In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $2.8 per pair, rising by 23% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($4.2 per pair), while the average price for exports to Russia ($672 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 Canada (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $804 per thousand pairs, dropping by -1.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 6.4%. The import price peaked at $874 per thousand pairs in 2012; however, from 2013 to 2022, import prices stood 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 India ($2.9 per pair), while the price for Bangladesh ($624 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka
Exports of gloves, mittens and mitts; knitted or crocheted from Sri Lanka shrank markedly to 138M pairs in 2022, waning by -24.5% compared with the previous year. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year. Over the period under review, the exports of hit record highs at 195M pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted reduced to $393M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $423M, and then fell in the following year.
| Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 137 | 138 | 148 | 156 | 4.4% |
| Germany | 49.6 | 43.5 | 58.5 | 52.5 | 1.9% |
| Belgium | 37.3 | 33.1 | 32.6 | 25.9 | -11.4% |
| Australia | 26.8 | 23.1 | 27.6 | 22.4 | -5.8% |
| France | 16.6 | 13.4 | 17.1 | 15.9 | -1.4% |
| United Kingdom | 8.8 | 10.8 | 17.4 | 14.3 | 17.6% |
| Czech Republic | 7.8 | 5.7 | 9.3 | 9.7 | 7.5% |
| Brazil | 6.7 | 5.2 | 7.0 | 6.3 | -2.0% |
| Canada | 6.7 | 6.1 | 7.1 | 6.1 | -3.1% |
| Mexico | 5.2 | 5.5 | 9.3 | 5.1 | -0.6% |
| Netherlands | 3.3 | 3.8 | 6.0 | 2.7 | -6.5% |
| Russia | 3.2 | 3.1 | 2.5 | 0.4 | -50.0% |
| Others | 75.9 | 63.4 | 80.4 | 75.6 | -0.1% |
| Total | 385 | 355 | 423 | 393 | 0.7% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Sri Lanka in 2022:
- United States (47.5M pairs)
- Germany (16.1M pairs)
- Belgium (15.0M pairs)
- Australia (6.0M pairs)
- United Kingdom (5.8M pairs)
- France (4.2M pairs)
- Brazil (3.3M pairs)
- Mexico (2.7M pairs)
- Czech Republic (2.3M pairs)
- Canada (2.1M pairs)
- Netherlands (1.6M pairs)
- Russia (0.6M pairs)
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka
After three years of growth, supplies from abroad of gloves, mittens and mitts; knitted or crocheted decreased by -12.1% to 9.5M pairs in 2022. The total import volume increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 14% against the previous year. Over the period under review, imports of hit record highs at 11M pairs in 2021, and then declined in the following year.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted declined to $7.6M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 15%. Imports peaked at $8.9M in 2021, and then shrank in the following year.
| Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.4 | 6.4 | 6.6 | 5.2 | 5.7% |
| Pakistan | 1.6 | 1.0 | 1.3 | 1.5 | -2.1% |
| Bangladesh | 0.2 | 0.2 | 0.4 | 0.4 | 26.0% |
| Others | 0.8 | 0.5 | 0.5 | 0.5 | -14.5% |
| Total | 7.0 | 8.1 | 8.9 | 7.6 | 2.8% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Sri Lanka in 2022:
- China (7.3M pairs)
- Pakistan (1.2M pairs)
- Bangladesh (0.6M 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.
Nothing found. Please try again.
