Report Update Nov 1, 2024

Cuba - Gloves, Mittens and Mitts (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Cuba: Gloves Market 2024

Gloves Market Size in Cuba

The Cuban gloves market reduced slightly to $X in 2022, declining by -1.7% against the previous year. In general, consumption saw a noticeable expansion. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Gloves Production in Cuba

In value terms, gloves production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a notable increase. The pace of growth appeared the most rapid in 2017 when the production volume increased by 79% against the previous year. Gloves production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Gloves Exports

Exports from Cuba

After ten years of growth, shipments abroad of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -12.7% to X pairs in 2022. In general, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 389%. Over the period under review, the exports hit record highs at X pairs in 2021, and then reduced in the following year.

In value terms, gloves exports dropped significantly to $X in 2022. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 287% against the previous year. The exports peaked at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

The Czech Republic (X pairs) was the main destination for gloves exports from Cuba, with a approx. 7.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled -26.0%.

In value terms, the Czech Republic ($X) also remains the key foreign market for gloves, mittens and mitts (excluding knitted or crocheted) exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to the Czech Republic stood at -26.7%.

Export Prices by Country

In 2021, the average gloves export price amounted to $X per pair, picking up by 13% against the previous year. In general, the export price, however, saw a noticeable slump. The export price peaked at $X per pair in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2021, the rate of growth in terms of prices for the Czech Republic amounted to -0.9% per year.

Gloves Imports

Imports into Cuba

In 2022, approx. X pairs of gloves, mittens and mitts (excluding knitted or crocheted) were imported into Cuba; almost unchanged from the previous year's figure. Overall, imports, however, recorded a slight downturn. The growth pace was the most rapid in 2013 with an increase of 465% against the previous year. As a result, imports attained the peak of X pairs. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, gloves imports dropped to $X in 2022. Over the period under review, imports showed a strong increase. The growth pace was the most rapid in 2013 with an increase of 422%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Spain (X pairs) constituted the largest gloves supplier to Cuba, with a 5.7% share of total imports. Moreover, gloves imports from Spain exceeded the figures recorded by the second-largest supplier, South Africa (X pairs), sixfold. China (X pairs) ranked third in terms of total imports with a 0.4% share.

From 2012 to 2021, the average annual growth rate of volume from Spain stood at -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (0.0% per year) and China (-16.9% per year).

In value terms, Spain ($X) constituted the largest supplier of gloves, mittens and mitts (excluding knitted or crocheted) to Cuba, comprising 20% of total imports. The second position in the ranking was taken by Canada ($X), with a 2.2% share of total imports. It was followed by Mexico, with a 0.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+35.3% per year) and Mexico (-3.8% per year).

Import Prices by Country

In 2021, the average gloves import price amounted to $X per pair, jumping by 42% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth was the most pronounced in 2014 an increase of 92%. The import price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per pair), while the price for South Africa ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts (excluding knitted or crocheted) in the world?

China remains the largest gloves consuming country worldwide, comprising approx. 19% of total volume. Moreover, gloves consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 6.8% share.

What are the largest producers of gloves, mittens and mitts (excluding knitted or crocheted) in the world?

China constituted the country with the largest volume of gloves production, accounting for 32% of total volume. Moreover, gloves production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Russia, with a 4.5% share.

What are the leading suppliers of gloves, mittens and mitts (excluding knitted or crocheted) to Cuba?

In value terms, Spain constituted the largest supplier of gloves to Cuba, comprising 79% of total imports. The second position in the ranking was occupied by Mexico, with a 2.6% share of total imports. It was followed by China, with a 2.2% share.

What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) from Cuba?

In value terms, the Czech Republic $216) remains the key foreign market for gloves exports from Cuba.

What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Cuba?

In 2021, the average gloves export price amounted to $8.3 per pair, surging by 6.3% against the previous year.

What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Cuba?

The average gloves import price stood at $20 per pair in 2021, waning by -12.3% against the previous year.

This report provides an in-depth analysis of the gloves market in Cuba. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023