Global Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size

The global leather sports gloves market was finally on the rise to reach $X in 2022, after two years of decline. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the global market hit record highs at $X in 2019; afterwards, it flattened through to 2022.

Leather Sports Gloves Production

In value terms, leather sports gloves production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 4.1%. Over the period under review, global production attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Leather Sports Gloves Exports

Exports

In 2022, approx. X units of leather sports gloves, mittens and mitts were exported worldwide; increasing by 19% on 2021 figures. Overall, exports, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. The global exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, leather sports gloves exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +1.1% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 22% against the previous year. The global exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

In 2022, Thailand (X units), Indonesia (X units) and China (X units) was the major exporter of leather sports gloves, mittens and mitts in the world, committing 57% of total export. Vietnam (X units) ranks next in terms of the total exports with a 10% share, followed by Pakistan (6.5%) and the Philippines (6.2%). The following exporters - India (X units), France (X units), Italy (X units) and the United States (X units) - together made up 10% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of +18.2%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest leather sports gloves supplying countries worldwide were Indonesia ($X), Thailand ($X) and China ($X), together accounting for 48% of global exports. Vietnam, Pakistan, the Philippines, Italy, the United States, France and India lagged somewhat behind, together comprising a further 41%.

In terms of the main exporting countries, France, with a CAGR of +13.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average leather sports gloves export price amounted to $X per unit, remaining relatively unchanged against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2013 an increase of 16%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+13.6%), while the other global leaders experienced more modest paces of growth.

Leather Sports Gloves Imports

Imports

In 2022, supplies from abroad of leather sports gloves, mittens and mitts increased by 16% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Over the period under review, global imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, leather sports gloves imports soared to $X in 2022. The total import value increased at an average annual rate of +2.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States was the largest importing country with an import of about X units, which reached 43% of total imports. Mozambique (X units) ranks second in terms of the total imports with a 6.3% share, followed by the UK (5.3%) and South Korea (4.7%). Canada (X units), the Netherlands (X units), Japan (X units), Italy (X units), Australia (X units), France (X units), Spain (X units) and Germany (X units) took a minor share of total imports.

The United States experienced a relatively flat trend pattern with regard to volume of imports of leather sports gloves, mittens and mitts. At the same time, Mozambique (+107.9%), the Netherlands (+8.9%), Spain (+6.1%), Italy (+4.2%), France (+2.6%), South Korea (+2.2%) and the UK (+1.7%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in the world, with a CAGR of +107.9% from 2012-2022. Canada and Germany experienced a relatively flat trend pattern. By contrast, Japan (-3.4%) and Australia (-13.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mozambique, the Netherlands and the United States increased by +6.3, +2.2 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported leather sports gloves, mittens and mitts worldwide, comprising 49% of global imports. The second position in the ranking was held by South Korea ($X), with a 7.7% share of global imports. It was followed by Japan, with a 5.7% share.

In the United States, leather sports gloves imports expanded at an average annual rate of +2.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: South Korea (+8.3% per year) and Japan (-2.5% per year).

Import Prices by Country

The average leather sports gloves import price stood at $X per unit in 2022, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The growth pace was the most rapid in 2018 when the average import price increased by 15% against the previous year. Global import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+18.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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