Tanzania: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Tanzania

The Tanzanian leather sports gloves market skyrocketed to $X in 2022, picking up by 764% against the previous year. Overall, consumption showed a resilient increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Leather Sports Gloves Production in Tanzania

In value terms, leather sports gloves production stood at less than $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with a decrease of 99.9%. Leather sports gloves production peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Leather Sports Gloves Exports

Exports from Tanzania

In 2022, overseas shipments of leather sports gloves, mittens and mitts decreased by -18% to X units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 when exports increased by 235%. Over the period under review, the exports hit record highs at X units in 2021, and then fell dramatically in the following year.

In value terms, leather sports gloves exports fell significantly to $X in 2022. Over the period under review, exports, however, saw prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of 151% against the previous year. The exports peaked at $X in 2021, and then reduced sharply in the following year.

Exports by Country

The United States (X units) was the main destination for leather sports gloves exports from Tanzania, accounting for a 63% share of total exports. Moreover, leather sports gloves exports to the United States exceeded the volume sent to the second major destination, Italy (X units), twofold. Malawi (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to +14.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+23.5% per year) and Malawi (+6.2% per year).

In value terms, Malawi ($X), Italy ($X) and the United States ($X) were the largest markets for leather sports gloves exported from Tanzania worldwide, with a combined 91% share of total exports.

Malawi, with a CAGR of +46.5%, recorded the highest growth rate of 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

The average leather sports gloves export price stood at $X per unit in 2022, declining by -9.1% against the previous year. In general, the export price, however, recorded perceptible growth. The pace of growth appeared the most rapid in 2018 an increase of 326%. As a result, the export price reached the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Philippines ($X per unit), while the average price for exports to the United States ($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 Malawi (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Sports Gloves Imports

Imports into Tanzania

In 2022, the amount of leather sports gloves, mittens and mitts imported into Tanzania soared to X units, growing by 756% on the year before. Over the period under review, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, leather sports gloves imports skyrocketed to $X in 2022. In general, imports, however, saw a mild downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 407%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of leather sports gloves to Tanzania, with a 95% share of total imports. It was followed by the United Arab Emirates (X units), with a 1.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +21.5%.

In value terms, China ($X) constituted the largest supplier of leather sports gloves, mittens and mitts to Tanzania, comprising 81% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +13.0%.

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, declining by -86.5% against the previous year. In general, the import price faced a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average import price increased by 165% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United Arab Emirates amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform