Hungary: Gloves Market 2025

Gloves Market Size in Hungary

In 2022, the Hungarian gloves market increased by 39% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Gloves Production in Hungary

In value terms, gloves production fell to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the production volume increased by 30% against the previous year. Gloves production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Gloves Exports

Exports from Hungary

Gloves exports from Hungary rose rapidly to X pairs in 2022, with an increase of 12% compared with 2021. Over the period under review, exports enjoyed a noticeable expansion. The most prominent rate of growth was recorded in 2020 with an increase of 164%. The exports peaked at X pairs in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, gloves exports fell modestly to $X in 2022. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 93% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Slovakia (X pairs), Ukraine (X pairs) and Sweden (X pairs) were the main destinations of gloves exports from Hungary, together comprising 30% of total exports. Serbia, Romania, Croatia, the United States, Poland and Germany lagged somewhat behind, together accounting for a further 5.4%.

From 2012 to 2021, the biggest increases were recorded for Serbia (with a CAGR of +96.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Ukraine ($X) and Slovakia ($X) appeared to be the largest markets for gloves exported from Hungary worldwide, together accounting for 72% of total exports.

Sweden, with a CAGR of +89.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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 228% against the previous year. Over the period under review, the export price recorded a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per pair), while the average price for exports to Slovakia ($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 Sweden (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into Hungary

In 2022, after three years of decline, there was significant growth in purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted), when their volume increased by 32% to X pairs. In general, imports, however, continue to indicate a perceptible setback. The growth pace was the most rapid in 2017 when imports increased by 43%. Imports peaked at X pairs in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, gloves imports skyrocketed to $X in 2022. Overall, imports, however, continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2016 with an increase of 43%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X pairs) constituted the largest gloves supplier to Hungary, accounting for a 8.7% share of total imports. Moreover, gloves imports from China exceeded the figures recorded by the second-largest supplier, Poland (X pairs), twofold. The third position in this ranking was held by Germany (X pairs), with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +26.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+16.3% per year) and Germany (-16.5% per year).

In value terms, China ($X), France ($X) and Germany ($X) constituted the largest gloves suppliers to Hungary, with a combined 55% share of total imports. These countries were followed by Poland, Austria, Sweden, Slovakia, India, Belgium, the Netherlands, the Czech Republic, Ireland and Italy, which together accounted for a further 39%.

India, with a CAGR of +57.0%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, falling by -3.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31%. As a result, import price attained the peak level of $X per pair. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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