Report Update Nov 1, 2024

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

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Finland: Gloves Market 2024

Gloves Exports

Exports from Finland

In 2022, overseas shipments of gloves, mittens and mitts (excluding knitted or crocheted) increased by 169% to X pairs, rising for the third consecutive year after two years of decline. In general, exports enjoyed noticeable growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, gloves exports surged to $X in 2022. Over the period under review, exports showed a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Estonia (X pairs) was the main destination for gloves exports from Finland, with a 22% share of total exports. Moreover, gloves exports to Estonia exceeded the volume sent to the second major destination, Lithuania (X pairs), threefold. The third position in this ranking was held by Latvia (X pairs), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to +4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+28.5% per year) and Latvia (+21.4% per year).

In value terms, the largest markets for gloves exported from Finland were Estonia ($X), Germany ($X) and Sweden ($X), with a combined 46% share of total exports. Russia, Latvia, Norway, Belgium, Lithuania, the Netherlands and Italy lagged somewhat behind, together accounting for a further 33%.

In terms of the main countries of destination, Belgium, with a CAGR of +41.2%, recorded the highest growth rate of 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

In 2021, the average gloves export price amounted to $X per pair, surging by 5.3% against the previous year. In general, the export price posted prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 288% against the previous year. As a result, the export price reached the peak level of $X per pair. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per pair), while the average price for exports to Lithuania ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Gloves Imports

Imports into Finland

In 2022, the amount of gloves, mittens and mitts (excluding knitted or crocheted) imported into Finland rose markedly to X pairs, growing by 13% compared with 2021. The total import volume increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gloves imports surged to $X in 2022. The total import value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2021, China (X pairs) constituted the largest supplier of gloves to Finland, accounting for a 18% share of total imports. Moreover, gloves imports from China exceeded the figures recorded by the second-largest supplier, Sweden (X pairs), twofold. The third position in this ranking was taken by India (X pairs), with a 2.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+22.8% per year) and India (+22.8% per year).

In value terms, China ($X), Sweden ($X) and Austria ($X) constituted the largest gloves suppliers to Finland, together accounting for 84% of total imports.

Among the main suppliers, Austria, with a CAGR of +37.5%, 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

In 2021, the average gloves import price amounted to $X per pair, rising by 9.8% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-0.5%), while the prices for the other major suppliers experienced a decline.

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 constituted the country with the largest volume of gloves consumption, 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 remains the largest gloves producing country worldwide, 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 Finland?

In value terms, China, Sweden and Austria constituted the largest gloves suppliers to Finland, together accounting for 84% of total imports.

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

In value terms, Estonia, Germany and Sweden appeared to be the largest markets for gloves exported from Finland worldwide, with a combined 46% share of total exports. These countries were followed by Russia, Latvia, Norway, Belgium, the Czech Republic, Lithuania and the Netherlands, which together accounted for a further 35%.

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

In 2021, the average gloves export price amounted to $41 per pair, which is down by -21.7% against the previous year.

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

In 2021, the average gloves import price amounted to $24 per pair, falling by -20.9% against the previous year.

This report provides an in-depth analysis of the gloves market in Finland. 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:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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