Italy: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Italy

The Italian leather sports gloves market reduced markedly to $X in 2022, with a decrease of -33.8% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Leather sports gloves consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Leather Sports Gloves Production in Italy

In value terms, leather sports gloves production amounted to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs in 2022 and is likely to see gradual growth in years to come.

Leather Sports Gloves Exports

Exports from Italy

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported from Italy; with an increase of 42% against 2021. In general, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, leather sports gloves exports amounted to $X in 2022. The total export value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Spain (X units), Germany (X units) and France (X units) were the main destinations of leather sports gloves exports from Italy, with a combined 57% share of total exports. Poland, the Netherlands, Austria, the UK, the Czech Republic and the United States lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +25.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for leather sports gloves exported from Italy were Germany ($X), Spain ($X) and France ($X), together accounting for 49% of total exports. The Netherlands, Poland, the United States, the UK, Austria and the Czech Republic lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, Poland, with a CAGR of +19.3%, 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 2022, the average leather sports gloves export price amounted to $X per unit, reducing by -26.1% against the previous year. Overall, the export price saw a perceptible reduction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 16%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($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 UK (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.

Leather Sports Gloves Imports

Imports into Italy

In 2022, imports of leather sports gloves, mittens and mitts into Italy shrank slightly to X units, with a decrease of -3% compared with 2021. In general, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports expanded significantly to $X in 2022. Over the period under review, total imports indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Pakistan (X units), Vietnam (X units) and China (X units) were the main suppliers of leather sports gloves imports to Italy, with a combined 69% share of total imports. Indonesia, Bangladesh, Spain, Germany and France lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +126.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Indonesia ($X) appeared to be the largest leather sports gloves suppliers to Italy, together accounting for 74% of total imports. Pakistan, Bangladesh, Spain, Germany and France lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, Bangladesh, with a CAGR of +175.3%, 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

The average leather sports gloves import price stood at $X per unit in 2022, rising by 9.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 18% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, 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 Bangladesh (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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