Middle East: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in the Middle East

In 2022, the Middle Eastern leather sports gloves market increased by 7.4% to $X, rising for the second year in a row after six years of decline. Overall, consumption, however, continues to indicate a deep slump. 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.

Leather Sports Gloves Production in the Middle East

In value terms, leather sports gloves production contracted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 66% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

Leather Sports Gloves Exports

Exports in the Middle East

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported in the Middle East; declining by -13.6% against the previous year's figure. Over the period under review, exports saw a slight setback. The most prominent rate of growth was recorded in 2019 with an increase of 117% against the previous year. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, leather sports gloves exports expanded rapidly to $X in 2022. Total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.4% 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 +52.4% against 2020 indices. The growth pace was the most rapid in 2018 when exports increased by 45% 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 represented the major exporter of leather sports gloves, mittens and mitts in the Middle East, with the volume of exports resulting at X units, which was near 63% of total exports in 2022. It was distantly followed by Turkey (X units), mixing up a 31% share of total exports. The following exporters - Oman (X units) and Kuwait (X units) - each recorded a 3.9% 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, Kuwait (+21.3%), Turkey (+15.6%) and Oman (+7.2%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +21.3% from 2012-2022. Turkey (+25 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -27.1% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest leather sports gloves supplying countries in the Middle East were Turkey ($X), the United Arab Emirates ($X) and Kuwait ($X), with a combined 95% share of total exports.

In terms of the main exporting countries, Kuwait, with a CAGR of +40.0%, 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 the Middle East stood at $X per unit in 2022, rising by 32% against the previous year. Overall, the export price posted strong growth. The pace of growth appeared the most rapid in 2015 when the export price increased by 96% 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.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kuwait ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kuwait (+15.4%), while the other leaders experienced mixed trends in the export price figures.

Leather Sports Gloves Imports

Imports in the Middle East

In 2022, imports of leather sports gloves, mittens and mitts in the Middle East fell to X units, which is down by -2.9% compared with the previous year. Over the period under review, imports saw a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 51%. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, leather sports gloves imports amounted to $X in 2022. Overall, imports recorded a deep slump. The growth pace was the most rapid in 2021 with an increase of 51% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units), Saudi Arabia (X units) and the United Arab Emirates (X units) was the main importer of leather sports gloves, mittens and mitts in the Middle East, generating 64% of total import. Israel (X units) took the next position in the ranking, followed by Kuwait (X units) and Qatar (X units). All these countries together took near 23% share of total imports. Oman (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +14.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Israel ($X) were the countries with the highest levels of imports in 2022, with a combined 67% share of total imports.

Israel, with a CAGR of +14.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries 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 the Middle East amounted to $X per unit, rising by 3.6% against the previous year. In general, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 ($X per unit), while Saudi Arabia ($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

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