Slovakia: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Slovakia

In 2022, the Slovak leather sports gloves market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption saw a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Leather Sports Gloves Exports

Exports from Slovakia

In 2022, shipments abroad of leather sports gloves, mittens and mitts decreased by -30.3% to X units, falling for the second year in a row after three years of growth. Overall, total exports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.2% against 2020 indices. The pace of growth appeared the most rapid in 2019 with an increase of 48%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, leather sports gloves exports reduced rapidly to $X in 2022. Over the period under review, exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2017 when exports increased by 46%. The exports peaked at $X in 2021, and then shrank remarkably in the following year.

Exports by Country

Poland (X units) was the main destination for leather sports gloves exports from Slovakia, accounting for a 56% share of total exports. Moreover, leather sports gloves exports to Poland exceeded the volume sent to the second major destination, the Czech Republic (X units), threefold. Germany (X units) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+5.6% per year) and Germany (+25.6% per year).

In value terms, Poland ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from Slovakia, comprising 57% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 20% share of total exports. It was followed by Germany, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Poland amounted to +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+4.3% per year) and Germany (+15.6% per year).

Export Prices by Country

The average leather sports gloves export price stood at $X per unit in 2022, with a decrease of -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2017 when the average export price increased by 64%. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, 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 Romania ($X per unit), while the average price for exports to Ukraine ($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 Hungary (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Sports Gloves Imports

Imports into Slovakia

After three years of decline, purchases abroad of leather sports gloves, mittens and mitts increased by 52% to X units in 2022. In general, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when imports increased by 61%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports surged to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 38% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Pakistan (X units), Sweden (X units) and the Czech Republic (X units) were the main suppliers of leather sports gloves imports to Slovakia, with a combined 54% share of total imports. China, Vietnam, Poland and Germany lagged somewhat behind, together comprising a further 31%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +75.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the Czech Republic ($X) and China ($X) constituted the largest leather sports gloves suppliers to Slovakia, with a combined 48% share of total imports. Pakistan, Vietnam, Germany and Poland lagged somewhat behind, together comprising a further 30%.

Vietnam, with a CAGR of +63.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, dropping by -20.2% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2019 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Pakistan ($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 (+6.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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