Thailand - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights

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Gloves Price in Thailand - 2023

Contents:

  1. Gloves Price in Thailand (FOB) - 2022
  2. Gloves Price in Thailand (CIF) - 2022
  3. Gloves Exports in Thailand
  4. Gloves Imports in Thailand

Gloves Price in Thailand (FOB) - 2022

In 2021, the average gloves export price amounted to $12 per pair, picking up by 6.2% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The growth pace was the most rapid in 2019 an increase of 866%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($46 per pair), while the average price for exports to the United Arab Emirates ($0.9 per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (-0.4%), while the prices for the other major destinations experienced a decline.

Gloves Price in Thailand (CIF) - 2022

In 2021, the average gloves import price amounted to $7.3 per pair, with an increase of 3.8% against the previous year. In general, the import price posted a mild increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 674% against the previous year. The import price peaked in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($45 per pair), while the price for Croatia ($0.1 per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Gloves Exports in Thailand

In 2022, approx. 566K pairs of gloves, mittens and mitts (excluding knitted or crocheted) were exported from Thailand; growing by 2.6% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 12%. As a result, the exports attained the peak of 631K pairs. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gloves exports declined to $5.7M in 2022. Overall, exports, however, recorded a slight reduction. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. As a result, the exports reached the peak of $7.1M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Gloves in Thailand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Hong Kong SAR1,4752,2003,94963.6%
Saudi Arabia1,6771,572677-36.5%
Singapore25043263158.9%
United States904772497-25.9%
Myanmar20.217.4200214.7%
Lao People's Democratic Republic22222091.5-35.8%
Maldives58.884.073.411.7%
Russia54.231.834.9-19.8%
United Arab Emirates38.117813.5-40.5%
Qatar15581.46.8-79.1%
Others1,0661,475374-40.8%
Total5,9217,0636,5495.2%

Top Export Markets for Gloves from Thailand in 2022:

  1. Saudi Arabia (262.3K pairs)
  2. United States (231.5K pairs)
  3. Singapore (166.0K pairs)
  4. Hong Kong SAR (85.2K pairs)
  5. Myanmar (37.8K pairs)
  6. Maldives (28.5K pairs)
  7. Lao People's Democratic Republic (24.3K pairs)
  8. Russia (16.1K pairs)
  9. United Arab Emirates (14.8K pairs)
  10. Qatar (3.2K pairs)

Gloves Imports in Thailand

In 2022, imports of gloves, mittens and mitts (excluding knitted or crocheted) into Thailand stood at 891K pairs, with an increase of 6.1% against the previous year. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, gloves imports expanded sharply to $6.8M in 2022. The total import value increased at an average annual rate of +8.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Gloves in Thailand (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
China3,4723,6194,31611.5%
Vietnam710453602-7.9%
Malaysia11615130161.1%
Indonesia2053862254.8%
Japan12613020527.6%
Pakistan14511292.6-20.1%
United States11414273.6-19.6%
TurkeyN/A2.38.5269.6%
CroatiaN/AN/A3.00%
Others397341324-9.7%
Total5,2855,3366,1527.9%

Top Suppliers of Gloves to Thailand in 2022:

  1. China (96.7K pairs)
  2. Croatia (47.9K pairs)
  3. Vietnam (13.5K pairs)
  4. Malaysia (6.7K pairs)
  5. Indonesia (5.0K pairs)
  6. Japan (4.6K pairs)
  7. Turkey (4.1K pairs)
  8. Pakistan (2.1K pairs)
  9. United States (1.6K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the gloves market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)

Country coverage:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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