Central Asia: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Central Asia

The Central Asian leather sports gloves market dropped to $X in 2022, shrinking by -1.8% against the previous year. The total consumption indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +37.4% against 2020 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Leather Sports Gloves Production in Central Asia

In value terms, leather sports gloves production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 with an increase of 17,408%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Leather Sports Gloves Exports

Exports in Central Asia

In 2022, leather sports gloves exports in Central Asia declined sharply to X units, which is down by -98% on the previous year's figure. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 1,981%. As a result, the exports attained the peak of X units, and then contracted rapidly in the following year.

In value terms, leather sports gloves exports reduced sharply to $X in 2022. Overall, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2019 with an increase of 280% against the previous year. The level of export peaked at $X in 2021, and then dropped rapidly in the following year.

Exports by Country

Kazakhstan was the key exporting country with an export of around X units, which reached 72% of total exports. Uzbekistan (X units) ranks second in terms of the total exports with a 20% share, followed by Kyrgyzstan (6.8%).

Kazakhstan was also the fastest-growing in terms of the leather sports gloves, mittens and mitts exports, with a CAGR of +6.9% from 2012 to 2022. Uzbekistan (-31.8%) and Kyrgyzstan (-35.0%) illustrated a downward trend over the same period. While the share of Kazakhstan (+65 p.p.) and Uzbekistan (+20 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Kyrgyzstan (-86.2 p.p.) displayed negative dynamics.

In value terms, Kyrgyzstan ($X), Kazakhstan ($X) and Uzbekistan ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 100% of total exports.

Kazakhstan, with a CAGR of -2.5%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2022, the export price in Central Asia amounted to $X per unit, picking up by 265% against the previous year. Over the period under review, the export price continues to indicate a strong expansion. The level of export peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+38.6%), while the other leaders experienced mixed trends in the export price figures.

Leather Sports Gloves Imports

Imports in Central Asia

In 2022, the amount of leather sports gloves, mittens and mitts imported in Central Asia skyrocketed to X units, jumping by 15% against the year before. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 52%. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports declined significantly to $X in 2022. In general, imports, however, continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 100%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Kyrgyzstan (X units) and Kazakhstan (X units) were the largest importers of leather sports gloves, mittens and mitts in 2022, accounting for approx. 50% and 36% of total imports, respectively. It was distantly followed by Uzbekistan (X units), comprising a 10% share of total imports. Turkmenistan (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Uzbekistan (with a CAGR of +42.3%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest leather sports gloves importing markets in Central Asia were Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X), together accounting for 94% of total imports.

Uzbekistan, with a CAGR of +27.1%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Central Asia amounted to $X per unit, waning by -34.4% against the previous year. In general, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2018 an increase of 75%. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Uzbekistan ($X per unit), while Kyrgyzstan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (-2.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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