Global Knitted Gloves Market 2020

Knitted Gloves Market Size

The global knitted gloves market revenue amounted to $X in 2017, reducing by -X% against the previous year. Overall, knitted gloves consumption continues to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2014, when market value increased by X% year-to-year. Over the period under review, the global knitted gloves market reached its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Knitted Gloves Production

Global knitted gloves production amounted to X units in 2017, stabilizing at the previous year. Overall, knitted gloves production continues to indicate a slight contraction. The pace of growth was the most pronounced in 2016, when it surged by X% y-o-y. Over the period under review, the global knitted gloves production reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Knitted Gloves Exports

Global exports totaled X units in 2017, going up by X% against the previous year. Overall, the total exports indicated a strong growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted gloves exports increased by +X% against 2015 indices. The growth pace was the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the global knitted gloves exports attained its peak figure volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, knitted gloves exports amounted to $X in 2017. In general, the total exports indicated a prominent expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the global knitted gloves exports reached its maximum level in 2017, and are likely to continue its growth in the immediate term.

Knitted Gloves Exports by Country

China dominates knitted gloves exports structure, resulting at X units, which was near X% of total exports in 2017. Malaysia (X units) took the second position in the ranking, followed by Sri Lanka (X units) and Belgium (X units). All these countries together occupied approx. X% share of total exports. South Korea (X units), Germany (X units), Pakistan (X units), Vietnam (X units), France (X units), the Philippines (X units) and Bangladesh (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to knitted gloves exports from China stood at +X%. At the same time, Bangladesh (+X%), Vietnam (+X%), Malaysia (+X%), Germany (+X%), Pakistan (+X%), Sri Lanka (+X%), Belgium (+X%) and France (+X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. The Philippines experienced a relatively flat trend pattern. By contrast, South Korea (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Sri Lanka, Vietnam, Malaysia and China decreased by -X%, -X%, -X% and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and Belgium (+X% per year).

Knitted Gloves Export Prices by Country

The average knitted gloves export price stood at $X per unit in 2017, lowering by -X% against the previous year. In general, knitted gloves export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the average export prices for gloves, mittens and mitts of knitted or crocheted textiles attained its maximum level of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Sri Lanka ($X per unit), while the Philippines ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Sri Lanka (+X% per year), while the other global leaders experienced more modest paces of growth.

Knitted Gloves Imports

In 2017, the amount of gloves, mittens and mitts of knitted or crocheted textiles imported worldwide stood at X units, growing by X% against the previous year. Overall, the total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the knitted gloves imports increased by +X% against 2011 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. Over the period under review, the global knitted gloves imports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, knitted gloves imports stood at $X in 2017. In general, the total imports indicated a prominent growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Global imports peaked in 2017, and are expected to retain its growth in the immediate term.

Knitted Gloves Imports by Country

In 2017, the U.S. (X units), distantly followed by Japan (X units), the Philippines (X units), South Korea (X units) and Germany (X units) were the main importers of gloves, mittens and mitts of knitted or crocheted textiles, together mixed up X% of total imports. The following importers - Poland (X units), Taiwan, Chinese (X units), France (X units), the UK (X units), Belgium (X units), Brazil (X units) and Russia (X units) together made up X% of total imports.

The U.S. experienced a relatively flat trend pattern of gloves, mittens and mitts of knitted or crocheted textiles imports. At the same time, the Philippines (+X%), Taiwan, Chinese (+X%), Brazil (+X%), South Korea (+X%), Russia (+X%), Poland (+X%), Germany (+X%), Belgium (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. The UK experienced a relatively flat trend pattern. By contrast, Japan (-X%) illustrated a downward trend over the same period. While the share of Poland (-X%), Brazil (-X%), Germany (-X%), Taiwan, Chinese (-X%), South Korea (-X%) and the Philippines (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported gloves, mittens and mitts of knitted or crocheted textiles worldwide, making up X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value in the U.S. stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Germany (+X% per year).

Knitted Gloves Import Prices by Country

The average knitted gloves import price stood at $X per unit in 2017, going up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008, when the average import prices increased by X% year-to-year. Over the period under review, the average import prices for gloves, mittens and mitts of knitted or crocheted textiles reached its maximum level of $X per unit in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per unit), while the Philippines ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform