Scandinavia: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Scandinavia

The Scandinavia leather sports gloves market shrank modestly to $X in 2022, reducing by -3.6% against the previous year. Over the period under review, consumption saw a mild setback. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Leather Sports Gloves Production in Scandinavia

In value terms, leather sports gloves production contracted to $X in 2022 estimated in export price. In general, production, however, continues to indicate pronounced growth. The growth pace was the most rapid in 2018 with an increase of 68%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Leather Sports Gloves Exports

Exports in Scandinavia

In 2022, after four years of growth, there was significant decline in overseas shipments of leather sports gloves, mittens and mitts, when their volume decreased by -23% to X units. In general, exports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 when exports increased by 35% against the previous year. The volume of export peaked 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 plummeted to $X in 2022. Overall, exports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 81%. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden was the main exporting country with an export of about X units, which amounted to 75% of total exports. Norway (X units) held the second position in the ranking, followed by Finland (X units). All these countries together took approx. 25% share of total exports.

Exports from Sweden decreased at an average annual rate of -1.8% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Finland (-7.2%) illustrated a downward trend over the same period. Sweden (+4.9 p.p.) and Norway (+2.9 p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by -7.8% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest leather sports gloves supplier in Scandinavia, comprising 73% of total exports. The second position in the ranking was held by Finland ($X), with a 22% share of total exports.

In Sweden, leather sports gloves exports declined by an average annual rate of -2.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (+1.7% per year) and Norway (-2.6% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, which is down by -12.7% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by 39% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2016 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+9.6%), while the other leaders experienced a decline in the export price figures.

Leather Sports Gloves Imports

Imports in Scandinavia

In 2022, leather sports gloves imports in Scandinavia dropped to X units, declining by -7.1% compared with the previous year's figure. In general, imports saw a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 34%. Over the period under review, imports reached the peak figure at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports declined to $X in 2022. Over the period under review, imports showed a slight contraction. The pace of growth was the most pronounced in 2021 with an increase of 40%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X units) and Finland (X units) were the major importers of leather sports gloves, mittens and mitts in 2022, recording approx. 44% and 32% of total imports, respectively. It was distantly followed by Norway (X units), making up a 24% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Finland (with a CAGR of +1.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest leather sports gloves importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Finland, with a CAGR of +0.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 when the import price increased by 13% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+2.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform