Denmark: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Denmark

In 2022, the Danish leather sports gloves market increased by 58% to $X, rising for the third consecutive year after two years of decline. In general, consumption showed moderate growth. Leather sports gloves consumption peaked in 2022 and is expected to retain growth in the near future.

Leather Sports Gloves Exports

Exports from Denmark

In 2022, the amount of leather sports gloves, mittens and mitts exported from Denmark contracted remarkably to X units, which is down by -22.1% against the year before. Over the period under review, exports, however, continue to indicate resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 107%. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather sports gloves exports fell markedly to $X in 2022. Overall, exports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2014 when exports increased by 86%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units), Sweden (X units) and the United States (X units) were the main destinations of leather sports gloves exports from Denmark, together comprising 49% of total exports. Finland, Greenland, Poland, Austria, Germany, France, Italy, Australia, Hong Kong SAR and the Netherlands lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2022, the biggest increases were recorded for Greenland (with a CAGR of +45.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and the United States ($X) constituted the largest markets for leather sports gloves exported from Denmark worldwide, with a combined 46% share of total exports. Finland, France, Germany, Austria, Hong Kong SAR, Italy, Greenland, the Netherlands, Australia and Poland lagged somewhat behind, together comprising a further 33%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +32.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average leather sports gloves export price stood at $X per unit in 2022, with a decrease of -4.9% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 an increase of 29%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Greenland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Sports Gloves Imports

Imports into Denmark

In 2022, supplies from abroad of leather sports gloves, mittens and mitts increased by 46% to X units, rising for the third consecutive year after two years of decline. Overall, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 90% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, leather sports gloves imports skyrocketed to $X in 2022. In general, imports posted measured growth. The most prominent rate of growth was recorded in 2017 with an increase of 71% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X units) constituted the largest supplier of leather sports gloves to Denmark, with a 68% share of total imports. Moreover, leather sports gloves imports from Pakistan exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fivefold. France (X units) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual growth rate of volume from Pakistan totaled +17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+27.4% per year) and France (+28.5% per year).

In value terms, Pakistan ($X) constituted the largest supplier of leather sports gloves, mittens and mitts to Denmark, comprising 39% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 13% share of total imports. It was followed by Vietnam, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Pakistan totaled +12.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+25.4% per year) and Vietnam (+24.0% per year).

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, which is down by -10.3% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 an increase of 66% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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