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

Contents:

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

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

In March 2024, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $8.9 per pair, jumping by 70% against the previous month. In general, the import price, however, continues to indicate a pronounced shrinkage. The import price peaked at $12.0 per pair in March 2023; however, from April 2023 to March 2024, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In March 2024, the country with the highest price was Pakistan ($9.5 per pair), while the price for China stood at $7.8 per pair.

From March 2023 to March 2024, the most notable rate of growth in terms of prices was attained by China (+3.0%).

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

The average export price for gloves, mittens and mitts; knitted or crocheted stood at $1.5 per pair in 2022, rising by 5.9% against the previous year. Over the period under review, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 65%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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 Germany ($6.2 per pair), while the average price for exports to Moldova ($555 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 Armenia (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of gloves, mittens and mitts; knitted or crocheted decreased by -21.6% to 25M pairs for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2020 when imports increased by 9.3% against the previous year. Over the period under review, imports of attained the maximum at 32M pairs in 2021, and then fell remarkably in the following year.

In value terms, imports of gloves, mittens and mitts; knitted or crocheted rose markedly to $20M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 12% 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 Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.114.816.217.83.4%
Others1.91.72.42.36.6%
Total18.016.618.620.13.7%

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

  1. China (24.1M pairs)

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

Exports of gloves, mittens and mitts; knitted or crocheted from Ukraine dropped slightly to 319K pairs in 2022, reducing by -3.5% on the previous year's figure. Overall, exports saw a deep reduction. Over the period under review, the exports of reached the peak figure at 486K pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of gloves, mittens and mitts; knitted or crocheted stood at $486K in 2022. The total export value increased at an average annual rate of +3.8% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1861682152358.1%
Moldova85.882.977.713716.9%
Poland19.20.37.817.0-4.0%
Russia77.169.191.90.8-78.2%
Others67.265.782.796.012.6%
Total4353864764863.8%

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

  1. Moldova (247.3K pairs)
  2. Germany (38.0K pairs)
  3. Poland (9.1K pairs)
  4. Russia (0.9K pairs)

Source: IndexBox Market Intelligence Platform

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