South-Eastern Asia: Knitted Gloves Market 2020

Knitted Gloves Market Size in South-Eastern Asia

The revenue of the knitted gloves market in South-Eastern Asia amounted to $X in 2017, surging by X% against the previous year. The knitted gloves consumption continues to indicate a moderate decrease. The most prominent rate of growth was recorded in 2014, when market value increased by X% year-to-year. The level of knitted gloves consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Knitted Gloves Production in South-Eastern Asia

In 2017, knitted gloves production in South-Eastern Asia stood at X units, flattening at the previous year. The knitted gloves production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, when the output figure increased by X% y-o-y. The volume of knitted gloves production peaked of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Knitted Gloves Exports in South-Eastern Asia

The exports amounted to X units in 2017, jumping by X% against the previous year. The total exports indicated a prominent 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 exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when exports increased by X% against the previous year. Over the period under review, the knitted gloves exports reached its maximum 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. The total exports indicated a remarkable 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 exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Knitted Gloves Exports by Country in South-Eastern Asia

Malaysia represented the major exporter of gloves, mittens and mitts of knitted or crocheted textiles in South-Eastern Asia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2017. It was distantly followed by Vietnam (X units), the Philippines (X units) and Indonesia (X units), together constituting X% share of total exports. The following exporters - Cambodia (X units) and Thailand (X units) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to knitted gloves exports from Malaysia stood at +X%. At the same time, Vietnam (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. The Philippines experienced a relatively flat trend pattern. By contrast, Cambodia (-X%) and Thailand (-X%) illustrated a downward trend over the same period. While the share of Indonesia (-X%), Vietnam (-X%) and Malaysia (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest knitted gloves markets worldwide were Vietnam ($X), Malaysia ($X) and Indonesia ($X), with a combined X% share of total exports.

Vietnam (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Gloves Export Prices by Country in South-Eastern Asia

The knitted gloves export price in South-Eastern Asia stood at $X per unit in 2017, going down by -X% against the previous year. The knitted gloves export price continues to indicate a slight deduction. The most prominent rate of growth was recorded in 2014, when the export prices increased by X% y-o-y. Over the period under review, the export prices for gloves, mittens and mitts of knitted or crocheted textiles reached its peak figure level of $X per unit in 2016, and then declined slightly in the following year.

Export prices varied noticeably by the country of destination; the country with the highest export price was Thailand ($X per unit), while the Philippines ($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 Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Knitted Gloves Imports in South-Eastern Asia

In 2017, imports of gloves, mittens and mitts of knitted or crocheted textiles in South-Eastern Asia amounted to X units, declining by -X% against the previous year. The knitted gloves imports continue to indicate an outstanding growth. The pace of growth appeared the most rapid in 2016, with an increase of X% y-o-y. In that year, the knitted gloves imports reached their peak volume of X units, and then declined slightly in the following year.

In value terms, knitted gloves imports stood at $X in 2017. The knitted gloves imports continue to indicate a prominent expansion. The level of imports peaked in 2017, and are likely to continue its growth in the near future.

Knitted Gloves Imports by Country in South-Eastern Asia

The Philippines dominates knitted gloves imports structure, recording X units, which was near X% of total imports in 2017. Vietnam (X units) ranks second in terms of the global imports with a X% share, followed by Malaysia (X%) and Thailand (X%). The following importers - Singapore (X units) and Indonesia (X units) each amounted to a X% share of total imports.

The Philippines 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, Thailand (+X%), Indonesia (+X%), Vietnam (+X%) and Singapore (+X%) displayed positive paces of growth. Malaysia experienced a relatively flat trend pattern. Thailand (-X%), Vietnam (-X%) and the Philippines (-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, the Philippines ($X), Vietnam ($X) and Malaysia ($X) appeared to be the countries with the highest levels of imports in 2017, together comprising X% of total imports.

In terms of the main importing countries , the Philippines (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced more modest paces of growth.

Knitted Gloves Import Prices by Country in South-Eastern Asia

The knitted gloves import price in South-Eastern Asia stood at $X per thousand units in 2017, picking up by X% against the previous year. The knitted gloves import price continues to indicate a drastic decrease. The pace of growth was the most pronounced in 2017, when it surged by X% against the previous year. The level of import price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per unit), while the Philippines ($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 Singapore (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform