Ukraine: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in Ukraine

In 2022, the Ukrainian leather sports gloves market decreased by -20.6% to $X, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a slight slump. Leather sports gloves consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Leather Sports Gloves Exports

Exports from Ukraine

For the seventh consecutive year, Ukraine recorded growth in overseas shipments of leather sports gloves, mittens and mitts, which increased by 67% to X units in 2022. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 2,180%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, leather sports gloves exports soared to $X in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 3,037%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Moldova (X units), the Czech Republic (X units) and Poland (X units) were the main destinations of leather sports gloves exports from Ukraine, together accounting for 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Moldova (with a CAGR of +140.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X) emerged as the key foreign market for leather sports gloves, mittens and mitts exports from Ukraine, comprising 58% of total exports. The second position in the ranking was held by Poland ($X), with a 28% share of total exports. It was followed by Moldova, with a 9.4% share.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at +110.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+105.0% per year) and Moldova (+119.0% per year).

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, waning by -13.5% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 468% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Moldova ($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 Lithuania (+26.2%), while the prices for the other major destinations experienced mixed trend patterns.

Leather Sports Gloves Imports

Imports into Ukraine

In 2022, purchases abroad of leather sports gloves, mittens and mitts decreased by -33.1% to X units, falling for the second year in a row after three years of growth. Over the period under review, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2019 with an increase of 111% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, leather sports gloves imports fell to $X in 2022. In general, imports, however, recorded slight growth. The pace of growth appeared the most rapid in 2019 when imports increased by 99%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Pakistan (X units) constituted the largest supplier of leather sports gloves to Ukraine, accounting for a 76% share of total imports. Moreover, leather sports gloves imports from Pakistan exceeded the figures recorded by the second-largest supplier, China (X units), fivefold.

From 2012 to 2022, the average annual growth rate of volume from Pakistan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-15.1% per year) and Thailand (+5.7% per year).

In value terms, Pakistan ($X) constituted the largest supplier of leather sports gloves, mittens and mitts to Ukraine, comprising 64% of total imports. The second position in the ranking was taken by Thailand ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Pakistan stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+21.2% per year) and China (-9.7% per year).

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, growing by 41% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth was the most pronounced in 2016 when the average import price increased by 49% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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