Portugal: Gloves Market 2025

Gloves Market Size in Portugal

In 2022, the Portuguese gloves market decreased by -4.2% to $X for the first time since 2018, thus ending a three-year rising trend. The market value increased at an average annual rate of +1.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Gloves consumption peaked at $X in 2021, and then shrank slightly in the following year.

Gloves Production in Portugal

In value terms, gloves production expanded sharply to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the production volume increased by 81%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gloves Exports

Exports from Portugal

In 2022, approx. X pairs of gloves, mittens and mitts (excluding knitted or crocheted) were exported from Portugal; jumping by 87% against the year before. In general, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 116% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, gloves exports reduced markedly to $X in 2022. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 157%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Spain (X pairs), Slovenia (X pairs) and France (X pairs) were the main destinations of gloves exports from Portugal, together comprising 31% of total exports. Belgium, Sweden and Angola lagged somewhat behind, together comprising a further 3.7%.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +108.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for gloves exported from Portugal were Slovenia ($X), Spain ($X) and Belgium ($X), together comprising 73% of total exports.

Slovenia, with a CAGR of +105.9%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average gloves export price amounted to $X per pair, which is down by -20.5% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The pace of growth was the most pronounced in 2017 an increase of 101%. As a result, the export price attained the peak level of $X per pair. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($X per pair), while the average price for exports to Spain ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+2.4%), while the prices for the other major destinations experienced a decline.

Gloves Imports

Imports into Portugal

In 2022, imports of gloves, mittens and mitts (excluding knitted or crocheted) into Portugal fell to X pairs, which is down by -8.6% against the year before. Overall, imports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when imports increased by 79% against the previous year. As a result, imports reached the peak of X pairs. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, gloves imports fell to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of 98%. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Spain (X pairs) constituted the largest supplier of gloves to Portugal, with a 18% share of total imports. Moreover, gloves imports from Spain exceeded the figures recorded by the second-largest supplier, Sweden (X pairs), threefold. France (X pairs) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Spain totaled +32.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+128.8% per year) and France (+35.1% per year).

In value terms, Spain ($X) constituted the largest supplier of gloves, mittens and mitts (excluding knitted or crocheted) to Portugal, comprising 50% of total imports. The second position in the ranking was held by France ($X), with a 13% share of total imports. It was followed by Belgium, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Spain amounted to +18.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+15.5% per year) and Belgium (+23.1% per year).

Import Prices by Country

The average gloves import price stood at $X per pair in 2021, approximately mirroring the previous year. Over the last nine-year period, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 an increase of 22% against the previous year. As a result, import price reached the peak level of $X per pair. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per pair), while the price for Sweden ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+3.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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