Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Uganda - 2022

Contents:

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

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

In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $973 per thousand pairs, surging by 34% against the previous year. Over the period under review, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2015 an increase of 78%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($951 per thousand pairs), while the price for the United Arab Emirates ($521 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 (+30.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for gloves, mittens and mitts; knitted or crocheted amounted to $4.5 per pair, with a decrease of -11.4% against the previous year. Overall, the export price, however, saw prominent growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 223% against the previous year. Over the period under review, the average export prices reached the maximum at $5.1 per pair in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($6.2 per pair), while the average price for exports to Nigeria ($333 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 the United States (+197.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of gloves, mittens and mitts; knitted or crocheted, when their volume decreased by -8.9% to 445K pairs. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.5% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 41%. Imports peaked at 489K pairs in 2021, and then contracted in the following year.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted surged to $433K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. China (375.7K pairs)
2. United Arab Emirates (36.9K pairs)
3. India (11.4K pairs)

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

In 2022, shipments abroad of gloves, mittens and mitts; knitted or crocheted decreased by -87.6% to 39 pairs, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a significant decline. The growth pace was the most rapid in 2020 when exports increased by 611%. As a result, the exports attained the peak of 22K pairs. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted dropped markedly to $177 in 2022. Over the period under review, exports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 1,036%. As a result, the exports reached the peak of $36K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. South Sudan (26.0 pairs)
2. Kenya (4.0 pairs)
3. Nigeria (3.0 pairs)
4. Canada (1.0 pairs)
5. Burundi (1.0 pairs)
6. Democratic Republic of the Congo (1.0 pairs)
7. Rwanda (1.0 pairs)
8. Switzerland (1.0 pairs)

Source: IndexBox Market Intelligence Platform