Supply Chain Inflation Impacting Disposable Glove Pricing

Coins spread out on a map to signify inflation.

Numerous factors are affecting the cost of disposable gloves. Soaring oil prices, shipping rates that are expected to in some cases double, and logistics costs from compromised supply chains all add up to distributors potentially paying more for gloves in the second half of 2022.

Inflation is currently the worst it has been in four decades. Since late 2020, the global inflation rate has risen sharply, driven by such supply chain-related factors as raw materials, labor, shipping, and the lower cost of capital.

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Disposable Gloves Are Not Designed for Cooking at High Heat

Gloveworks Industrial Vinyl Gloves are great for preparing food, but don't cook with them.

Disposable gloves are an invaluable tool in kitchens around the globe. From making burger patties to mixing salads to plating and serving food, they protect against cross-contamination as well as keeping hands safe from chemicals and cleaning solutions.

We often get questions about the suitability of using disposable gloves over an open flame like a grill. Distributor partners say their customers inquire about using disposables when cooking, and which material is best in those situations.

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Rising Oil Costs Will Likely Impact Prices of Disposable Gloves

Image of an oil rig by Zbynek Burival via Unsplash.

Economies around the globe are in turmoil. High demand, market pressures—and the conflict in eastern Europe and its consequent political instability—are driving gas and oil prices higher, and countless industries are feeling the pain.

Last week oil reached $130 a barrel and may go even higher (although the price came down a bit as the week began). The worst-case forecast has been raised to $240 a barrel, and the high prices could lead to a global recession as soon as this year.

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Supply Chain Issues Persist, but Glove Market’s Outlook Is Bright

Containers stack up in port awaiting distribution.

If you thought that 2022 would bring quick resolution to the worldwide supply chain disruption, you’ll want to rethink that position.

Havoc at ports is showing no signs of declining. Prices for a vast array of goods continue to rise. Any real progress will require investment, technology and a refashioning of incentives across global business. It will take more ships, additional warehouses, and an influx of truck drivers.

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What glove-related topics are you interested in?

What glove-related topics are you interested in?