Central Asia: Knitted Gloves Market 2020

Knitted Gloves Market Size in Central Asia

The revenue of the knitted gloves market in Central Asia amounted to $X in 2017, reducing by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The knitted gloves consumption continues to indicate a deep reduction. The growth pace was the most rapid in 2011, with an increase of X% y-o-y. In that year, the knitted gloves market attained their peak level of $X. From 2012 to 2017, growth of the knitted gloves market failed to regain its momentum.

Knitted Gloves Exports in Central Asia

In 2017, approx. X units of gloves, mittens and mitts of knitted or crocheted textiles were exported in Central Asia; lowering by -X% against the previous year. The knitted gloves exports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Over the period under review, the knitted gloves exports reached its maximum volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, knitted gloves exports stood at $X in 2017. The knitted gloves exports continue to indicate a deep descent. Over the period under review, the knitted gloves exports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Knitted Gloves Exports by Country in Central Asia

Kazakhstan represented the key exporter of gloves, mittens and mitts of knitted or crocheted textiles in Central Asia, with the volume of exports reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by Mongolia (X units), committing X% share of total exports. Kyrgyzstan (X units) followed a long way behind the leaders.

Exports from Kazakhstan decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Mongolia (+X%) displayed positive paces of growth. Moreover, Mongolia emerged as the fastest growing exporter in Central Asia, with a CAGR of +X% from 2007-2017. By contrast, Kyrgyzstan (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Kyrgyzstan and Kazakhstan increased by X% and X% percentage points, while Mongolia (-X%) saw their share reduced.

In value terms, Mongolia ($X), Kazakhstan ($X) and Kyrgyzstan ($X) constituted the countries with the highest levels of exports in 2017.

In terms of the main exporting countries , Mongolia (+X% per year) recorded the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Knitted Gloves Export Prices by Country in Central Asia

In 2017, the knitted gloves export price in Central Asia amounted to $X per unit, lowering by -X% against the previous year. The knitted gloves export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. In that year, the export prices for gloves, mittens and mitts of knitted or crocheted textiles reached their peak level of $X per unit. From 2012 to 2017, growth of the export prices for gloves, mittens and mitts of knitted or crocheted textiles stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mongolia ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Knitted Gloves Imports in Central Asia

In 2017, approx. X units of gloves, mittens and mitts of knitted or crocheted textiles were imported in Central Asia; jumping by X% against the previous year. 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 2014 indices. The growth pace was the most rapid in 2017, when imports increased by X% year-to-year. In that year, the knitted gloves imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, knitted gloves imports amounted to $X in 2017. The total imports indicated a strong increase 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. Based on 2017 figures, the knitted gloves imports increased by +X% against 2014 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Knitted Gloves Imports by Country in Central Asia

Kazakhstan prevails in knitted gloves imports structure, amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Kyrgyzstan (X units), achieving X% share of total imports.

Kazakhstan was also the fastest growing in terms of the gloves, mittens and mitts of knitted or crocheted textiles imports, with a CAGR of +X% from 2007 to 2017. At the same time, Kyrgyzstan (+X%) displayed positive paces of growth. Kazakhstan (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported gloves, mittens and mitts of knitted or crocheted textiles in Central Asia, making up X% of global imports. The second position in the ranking was occupied by Kyrgyzstan ($X), with a X% share of global imports.

In Kazakhstan, knitted gloves imports increased at an average annual rate of +X% over the period from 2007-2017.

Knitted Gloves Import Prices by Country in Central Asia

The knitted gloves import price in Central Asia stood at $X per thousand units in 2017, shrinking by -X% against the previous year. The knitted gloves import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, an increase of X% against the previous year. Over the period under review, the import prices for gloves, mittens and mitts of knitted or crocheted textiles reached its peak figure level of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Kyrgyzstan ($X per unit) and Kazakhstan ($X per thousand units), while Kazakhstan ($X per thousand units) and Kyrgyzstan ($X per unit) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kazakhstan (+X% per year).

Source: IndexBox Platform