Price for Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates - 2022

Contents:

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

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates (CIF) - 2022

In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $833 per thousand pairs, shrinking by -4.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 an increase of 25%. The import price peaked at $875 per thousand pairs in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($1.4 per pair), while the price for China ($694 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates (FOB) - 2022

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $556 per thousand pairs in 2022, growing by 9.6% against the previous year. Over the period under review, the export price posted resilient growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 74%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($565 per thousand pairs), while the average price for exports to Tanzania ($122 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 Tanzania (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in purchases abroad of gloves, mittens and mitts; knitted or crocheted, when their volume increased by 22% to 66M pairs. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed 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 surged to $55M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China36.730.335.338.92.0%
Pakistan3.15.97.110.148.2%
Sri Lanka1.12.01.61.817.8%
Others3.13.03.64.412.4%
Total44.041.147.555.37.9%

Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to the United Arab Emirates in 2022:

  1. China (56.0M pairs)
  2. Pakistan (7.2M pairs)
  3. Sri Lanka (1.4M pairs)

Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates

In 2022, after two years of decline, there was growth in overseas shipments of gloves, mittens and mitts; knitted or crocheted, when their volume increased by 2.9% to 4.7M pairs. Over the period under review, exports, however, continue to indicate a deep reduction. Over the period under review, the exports of hit record highs at 7.7M 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 rose remarkably to $2.6M in 2022. Overall, exports, however, showed a pronounced decline. The exports peaked at $2.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman2,1691,6811,6712,2531.3%
MauritaniaN/AN/AN/A45.80%
Seychelles27.36.310316.9-14.8%
Tanzania6.917.925.25.7-6.2%
Rwanda29.524817.24.5-46.6%
Malawi2.670.05.7N/A48.1%
Others561398487279-20.8%
Total2,7962,4202,3092,605-2.3%

Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from the United Arab Emirates in 2022:

  1. Oman (4071.3K pairs)
  2. Mauritania (145.7K pairs)
  3. Seychelles (95.9K pairs)
  4. Tanzania (46.8K pairs)
  5. Rwanda (8.2K pairs)

Source: IndexBox Market Intelligence Platform

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