Cameroon: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Cameroon

In 2022, the Cameroonian leather sports gloves market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, continues to indicate a deep slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Leather Sports Gloves Exports

Exports from Cameroon

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported from Cameroon; rising by 13% against the previous year's figure. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by 351% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, leather sports gloves exports totaled $X in 2022. In general, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by 902%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Congo (X units) and Cote d'Ivoire (X units) were the main destinations of leather sports gloves exports from Cameroon.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Congo (with a CAGR of -4.0%).

In value terms, Congo ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from Cameroon, comprising 71% of total exports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Congo amounted to -4.7%.

Export Prices by Country

The average leather sports gloves export price stood at $X per unit in 2022, declining by -11.3% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leather sports gloves export price decreased by -20.5% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 122%. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Congo ($X per unit), while the average price for exports to Cote d'Ivoire amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Congo (-0.6%).

Leather Sports Gloves Imports

Imports into Cameroon

In 2022, after three years of decline, there was significant growth in overseas purchases of leather sports gloves, mittens and mitts, when their volume increased by 131% to X units. Over the period under review, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 217% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, leather sports gloves imports soared to $X in 2022. Overall, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2014 with an increase of 254% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

France (X units), Cote d'Ivoire (X units) and China (X units) were the main suppliers of leather sports gloves imports to Cameroon, with a combined 82% share of total imports. South Korea, the United Arab Emirates, Pakistan and the United States lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of +36.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Cote d'Ivoire ($X), France ($X) and China ($X) appeared to be the largest leather sports gloves suppliers to Cameroon, together comprising 68% of total imports. Pakistan, the United Arab Emirates, South Korea and the United States lagged somewhat behind, together comprising a further 15%.

Among the main suppliers, the United States, with a CAGR of +19.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, increasing by 7.9% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leather sports gloves import price increased by +62.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 51%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+157.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform