Israel: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Israel

The Israeli leather sports gloves market skyrocketed to $X in 2022, growing by 29% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the near future.

Leather Sports Gloves Exports

Exports from Israel

Leather sports gloves exports from Israel declined rapidly to X units in 2022, with a decrease of -32.3% compared with the previous year's figure. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 305%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather sports gloves exports reduced notably to $X in 2022. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 543% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The Czech Republic (X units) was the main destination for leather sports gloves exports from Israel, with a 62% share of total exports. Moreover, leather sports gloves exports to the Czech Republic exceeded the volume sent to the second major destination, the United States (X units), threefold. The Netherlands (X units) ranked third in terms of total exports with a 5.7% share.

From 2012 to 2022, the average annual growth rate of volume to the Czech Republic amounted to +437.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.0% per year) and the Netherlands (+18.9% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for leather sports gloves, mittens and mitts exports from Israel, comprising 72% of total exports. The second position in the ranking was held by the United States ($X), with a 16% share of total exports. It was followed by the Netherlands, with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Czech Republic amounted to +226.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.9% per year) and the Netherlands (-1.4% per year).

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, falling by -14.7% against the previous year. In general, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 71%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to the Netherlands ($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 Philippines (+12.8%), while the prices for the other major destinations experienced a decline.

Leather Sports Gloves Imports

Imports into Israel

For the third consecutive year, Israel recorded growth in overseas purchases of leather sports gloves, mittens and mitts, which increased by 25% to X units in 2022. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 146% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, leather sports gloves imports soared to $X in 2022. Overall, imports saw a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by 172%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of leather sports gloves to Israel, with a 30% share of total imports. Moreover, leather sports gloves imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X units), twofold. The third position in this ranking was taken by France (X units), with a 13% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +16.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+2.6% per year) and France (+27.0% per year).

In value terms, China ($X) constituted the largest supplier of leather sports gloves, mittens and mitts to Israel, comprising 30% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 13% share of total imports. It was followed by France, with a 13% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+8.2% per year) and France (+34.0% per year).

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, approximately mirroring the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leather sports gloves import price decreased by -6.2% against 2020 indices. The growth pace was the most rapid in 2014 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per unit) and Vietnam ($X per unit), while the price for Taiwan (Chinese) ($X per unit) and Pakistan ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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