Japan: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Japan

The Japanese leather sports gloves market soared to $X in 2022, rising by 15% 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). Overall, consumption, however, saw a pronounced reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Leather Sports Gloves Exports

Exports from Japan

In 2022, the amount of leather sports gloves, mittens and mitts exported from Japan dropped to X units, almost unchanged from the previous year. In general, total exports indicated a strong expansion from 2012 to 2022: its volume increased at an average annual rate of +7.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. As a result, the exports reached the peak of X units, leveling off in the following year.

In value terms, leather sports gloves exports contracted to $X in 2022. Overall, total exports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +21.6% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports reached the peak of $X, and then contracted in the following year.

Exports by Country

The United States (X units) was the main destination for leather sports gloves exports from Japan, with a 66% share of total exports. Moreover, leather sports gloves exports to the United States exceeded the volume sent to the second major destination, South Korea (X units), threefold. Taiwan (Chinese) (X units) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+5.9% per year) and Taiwan (Chinese) (+18.5% per year).

In value terms, the United States ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from Japan, comprising 57% of total exports. The second position in the ranking was taken by South Korea ($X), with a 24% share of total exports. It was followed by Taiwan (Chinese), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+5.7% per year) and Taiwan (Chinese) (+21.7% per year).

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, shrinking by -5.8% against the previous year. Over the period under review, the export price recorded a slight contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 12% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States ($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 Taiwan (Chinese) (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Sports Gloves Imports

Imports into Japan

Leather sports gloves imports into Japan surged to X units in 2022, increasing by 28% against the previous year's figure. Overall, imports, however, showed a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 35%. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports reached $X in 2022. In general, imports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The Philippines (X units), Vietnam (X units) and China (X units) were the main suppliers of leather sports gloves imports to Japan, together comprising 72% of total imports. Indonesia, Thailand, Pakistan and Taiwan (Chinese) lagged somewhat behind, together comprising a further 25%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +7.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest leather sports gloves suppliers to Japan were the Philippines ($X), China ($X) and Vietnam ($X), together accounting for 71% of total imports. Indonesia, Thailand, Taiwan (Chinese) and Pakistan lagged somewhat behind, together accounting for a further 26%.

Pakistan, with a CAGR of +9.8%, saw the highest growth rate of the value of imports, among 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 2022, the average leather sports gloves import price amounted to $X per unit, declining by -14.7% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 29%. As a result, import price reached the peak level of $X per unit. From 2021 to 2022, the average 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 China ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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