Eastern Asia: Knitted Gloves Market 2020

Knitted Gloves Market Size in Eastern Asia

The revenue of the knitted gloves market in Eastern Asia amounted to $X in 2017, shrinking by -X% against the previous year. The knitted gloves consumption continues to indicate a deep shrinkage. The growth pace was the most rapid in 2014, with an increase of X% y-o-y. Over the period under review, the knitted gloves market attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Knitted Gloves Production in Eastern Asia

In 2017, knitted gloves production in Eastern Asia totaled X units, remaining constant against the previous year. The knitted gloves production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% year-to-year. The volume of knitted gloves production peaked in 2017, and is likely to see steady growth in the immediate term.

Knitted Gloves Exports in Eastern Asia

In 2017, the amount of gloves, mittens and mitts of knitted or crocheted textiles exported in Eastern Asia stood at X units, increasing by X% against the previous year. The knitted gloves exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2010, when it surged by X% year-to-year. The volume of exports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, knitted gloves exports stood at $X in 2017. The knitted gloves exports continue to indicate a remarkable expansion. Over the period under review, the knitted gloves exports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Knitted Gloves Exports by Country in Eastern Asia

China dominates knitted gloves exports structure, reaching X units, which was approx. X% of total exports in 2017. It was distantly followed by South Korea (X units), constituting X% share of total exports.

China was also the fastest growing in terms of the gloves, mittens and mitts of knitted or crocheted textiles exports, with a CAGR of +X% from 2007 to 2017. South Korea (-X%) illustrated a downward trend over the same period. While the share of China (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest knitted gloves supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%.

Knitted Gloves Export Prices by Country in Eastern Asia

In 2017, the knitted gloves export price in Eastern Asia amounted to $X per unit, falling by -X% against the previous year. The knitted gloves export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. Over the period under review, the export prices for gloves, mittens and mitts of knitted or crocheted textiles attained its peak figure level of $X per unit in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in South Korea ($X per unit) and China ($X per unit), while China ($X per unit) and South Korea ($X per unit) were amongst the lowest.

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

Knitted Gloves Imports in Eastern Asia

In 2017, knitted gloves imports in Eastern Asia amounted to X units, stabilizing at the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2010, when it surged by X% against the previous year. The volume of imports peaked in 2017, and are likely to continue its growth in the near future.

In value terms, knitted gloves imports amounted to $X in 2017. The total imports indicated a strong 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. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Knitted Gloves Imports by Country in Eastern Asia

In 2017, Japan (X units) and South Korea (X units) were the major importers of gloves, mittens and mitts of knitted or crocheted textiles in the globe, together recording near X% of total imports. It was distantly followed by Taiwan, Chinese (X units) and China, Hong Kong SAR (X units), together mixed up X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced mixed trends in the imports figures.

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

From 2007 to 2017, the average annual rate of growth in terms of value in Japan totaled +X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Taiwan, Chinese (+X% per year).

Knitted Gloves Import Prices by Country in Eastern Asia

The knitted gloves import price in Eastern Asia stood at $X per thousand units in 2017, coming up by X% against the previous year. The knitted gloves import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per unit), while Taiwan, Chinese ($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 Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform