Switzerland: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Switzerland

In 2022, the Swiss leather sports gloves market increased by 12% to $X, rising for the fourth year in a row after two years of decline. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +75.5% against 2018 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Leather Sports Gloves Exports

Exports from Switzerland

In 2022, shipments abroad of leather sports gloves, mittens and mitts decreased by -54.6% to X units, falling for the fourth consecutive year after two years of growth. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by 683% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, leather sports gloves exports shrank markedly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 392%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for leather sports gloves exports from Switzerland, accounting for a 59% share of total exports. Moreover, leather sports gloves exports to Germany exceeded the volume sent to the second major destination, the Netherlands (X units), fivefold. The third position in this ranking was held by France (X units), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+6.6% per year) and France (-8.6% per year).

In value terms, Germany ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from Switzerland, comprising 59% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.2% share of total exports. It was followed by Sweden, with a 7.1% share.

From 2012 to 2022, the average annual growth rate of value to Germany totaled +8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+32.7% per year) and Sweden (+17.9% per year).

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, declining by -4% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 84% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to France ($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 Sweden (+9.5%), while the prices for the other major destinations experienced a decline.

Leather Sports Gloves Imports

Imports into Switzerland

In 2022, the amount of leather sports gloves, mittens and mitts imported into Switzerland expanded markedly to X units, increasing by 6.3% on 2021 figures. Overall, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.4% against 2018 indices. The pace of growth appeared the most rapid in 2019 with an increase of 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, leather sports gloves imports totaled $X in 2022. In general, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.7% against 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Pakistan (X units) and Vietnam (X units) were the main suppliers of leather sports gloves imports to Switzerland, together comprising 62% of total imports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +20.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest leather sports gloves suppliers to Switzerland were Vietnam ($X), China ($X) and Pakistan ($X), together comprising 60% of total imports.

Among the main suppliers, Vietnam, with a CAGR of +19.8%, recorded the highest rates of growth with regard to 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 average leather sports gloves import price amounted to $X per unit, increasing by 3% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, 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 Vietnam ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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