MENA: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in MENA

In 2022, the MENA's leather sports gloves market increased by 4.1% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption recorded a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Leather Sports Gloves Production in MENA

In value terms, leather sports gloves production surged to $X in 2022 estimated in export price. In general, production showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 568%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Leather Sports Gloves Exports

Exports in MENA

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported in MENA; which is down by -13.9% against the year before. Overall, exports saw a slight curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 107% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, leather sports gloves exports totaled $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +36.6% against 2020 indices. The pace of growth appeared the most rapid in 2018 when exports increased by 54% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates was the main exporting country with an export of around X units, which resulted at 60% of total exports. It was distantly followed by Turkey (X units), comprising a 30% share of total exports. Tunisia (X units) and Oman (X units) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to leather sports gloves exports from the United Arab Emirates stood at -5.1%. At the same time, Tunisia (+21.4%), Turkey (+15.6%) and Oman (+7.2%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in MENA, with a CAGR of +21.4% from 2012-2022. Turkey (+24 p.p.) and Tunisia (+3.8 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -29.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Tunisia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined 88% share of total exports.

Among the main exporting countries, Tunisia, with a CAGR of +24.8%, recorded the highest rates of growth with regard to 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

The export price in MENA stood at $X per unit in 2022, increasing by 30% against the previous year. Overall, the export price showed a prominent increase. The growth pace was the most rapid in 2015 an increase of 95% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.4%), while the other leaders experienced mixed trends in the export price figures.

Leather Sports Gloves Imports

Imports in MENA

In 2022, imports of leather sports gloves, mittens and mitts in MENA declined to X units, dropping by -5.9% compared with 2021 figures. Overall, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 63%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, leather sports gloves imports reduced modestly to $X in 2022. Over the period under review, imports faced a deep slump. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Morocco represented the main importer of leather sports gloves, mittens and mitts in MENA, with the volume of imports amounting to X units, which was near 34% of total imports in 2022. It was distantly followed by Turkey (X units), Saudi Arabia (X units), the United Arab Emirates (X units), Israel (X units) and Kuwait (X units), together achieving a 50% share of total imports. Qatar (X units) held a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to leather sports gloves imports into Morocco stood at +13.9%. At the same time, Qatar (+14.8%), Israel (+8.4%) and Kuwait (+1.8%) displayed positive paces of growth. Moreover, Qatar emerged as the fastest-growing importer imported in MENA, with a CAGR of +14.8% from 2012-2022. By contrast, Turkey (-4.3%), Saudi Arabia (-4.6%) and the United Arab Emirates (-24.2%) illustrated a downward trend over the same period. Morocco (+31 p.p.), Turkey (+7.3 p.p.), Saudi Arabia (+5.3 p.p.), Israel (+4.7 p.p.), Qatar (+3.8 p.p.) and Kuwait (+3.3 p.p.) significantly strengthened its position in terms of the total imports, while the United Arab Emirates saw its share reduced by -51.5% from 2012 to 2022, respectively.

In value terms, the largest leather sports gloves importing markets in MENA were the United Arab Emirates ($X), Turkey ($X) and Israel ($X), with a combined 55% share of total imports.

In terms of the main importing countries, Israel, with a CAGR of +14.3%, saw 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 2022, the import price in MENA amounted to $X per unit, with an increase of 2.4% against the previous year. Over the period under review, the import price, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 an increase of 23%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per unit), while Morocco ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+5.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform