Which Country Exports the Most Knitted and Crocheted Gloves, Mittens and Mitts in the World?

In 2016, approx. X tonnes of knitted and crocheted gloves, mittens and mitts were exported worldwide; jumping by X% against the previous year level. In general, knitted and crocheted gloves, mittens and mitts exports continue to indicate a prominent growth. The growth pace was the most rapid in 2010, an increase of X% y-o-y. Over the period under review, global knitted and crocheted gloves, mittens and mitts exports reached its maximum volume of X tonnes in 2011; however, from 2012 to 2016, it failed to regain its strength.

In value terms, knitted and crocheted gloves, mittens and mitts exports stood at $X in 2016. Overall, it indicated a prominent growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on the result of 2016, knitted and crocheted gloves, mittens and mitts exports decreased by -X% against its level of 2014. Over the period under review, global knitted and crocheted gloves, mittens and mitts exports attained its maximum level of $X in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Knitted and Crocheted Gloves, Mittens and Mitts Exporting Countries in the World

X. China (X million USD)

X. Sri Lanka (X million USD)

X. Belgium (X million USD)

X. South Korea (X million USD)

X. Pakistan (X million USD)

X. Viet Nam (X million USD)

X. Germany (X million USD)

X. Malaysia (X million USD)

X. Indonesia (X million USD)

Knitted and Crocheted Gloves, Mittens and Mitts Exports By Country

China (X tonnes) prevails in knitted and crocheted gloves, mittens and mitts exports structure, amounting to X tonnes, which was approx. X% of total exports in 2016. It was distantly followed by Belgium (X tonnes), making up X% share of total knitted and crocheted gloves, mittens and mitts exports. The following exporters - Malaysia (X tonnes), Sri Lanka (X tonnes), Pakistan (X tonnes), Indonesia (X tonnes), South Korea (X tonnes), Viet Nam (X tonnes), and Germany (X tonnes) together made up X% of total exports.

China was also the fastest growing in terms of the knitted and crocheted gloves, mittens and mitts exports, with a CAGR of +X% from 2007 to 2016. At the same time, Pakistan (+X%), Viet Nam (+X%), Malaysia (+X%), Indonesia (+X%), Belgium (+X%), Germany (+X%), and Sri Lanka (+X%) displayed positive paces of growth. By contrast, South Korea (-X%) illustrated a downward trend over the same period. While the share of Indonesia (-X%), Malaysia (-X%), Pakistan (-X%), and China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest knitted and crocheted gloves, mittens and mitts supplier in the world, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with the share of X% of global exports. It was followed by Belgium, with the share of X%.

From 2007 to 2016, the average annual growth rate of value of knitted and crocheted gloves, mittens and mitts exports in China expanded at +X%. The remaining exporting countries recorded the following average annual rates: Sri Lanka (+X% per year) and Belgium (+X% per year).

Knitted and Crocheted Gloves, Mittens and Mitts Export Prices By Country

The average knitted and crocheted gloves, mittens and mitts export price stood at $X per kg in 2016, shrinking by -X% against the previous year. Overall, knitted and crocheted gloves, mittens and mitts export price continues to indicate a slight decrease. The growth pace was the most rapid in 2015, when export price increased by X% against the previous year level. In that year, average knitted and crocheted gloves, mittens and mitts export price attained its maximum level of $X per kg, falling back in the following year.

Export prices varied noticeably by country of destination. the country with the highest export prices was Viet Nam ($X per kg), while Indonesia ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of knitted and crocheted gloves, mittens and mitts export prices was attained by Sri Lanka (+X% per year), while the other global leaders experienced more modest paces of growth.

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This article was written on the product's HS-code: X.

Source: IndexBox Platform