Thailand - Leather Sports Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Sports Gloves Price in Thailand - 2023
Contents:
- Leather Sports Gloves Price in Thailand (FOB) - 2023
- Leather Sports Gloves Price in Thailand (CIF) - 2022
- Leather Sports Gloves Exports in Thailand
- Leather Sports Gloves Imports in Thailand
Leather Sports Gloves Price in Thailand (FOB) - 2023
In July 2023, the average leather sports gloves export price amounted to $1.5 per unit, surging by 5.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 17% against the previous month. The export price peaked at $1.7 per unit in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Japan ($1.8 per unit), while the average price for exports to South Korea ($837 per thousand units) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Leather Sports Gloves Price in Thailand (CIF) - 2022
In 2022, the average leather sports gloves import price amounted to $1.4 per unit, which is down by -26.3% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2014 when the average import price increased by 28%. As a result, import price reached the peak level of $6.5 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($4.1 per unit), while the price for China ($0.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+6.9%), while the prices for the other major suppliers experienced a decline.
Leather Sports Gloves Exports in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of leather sports gloves, mittens and mitts, which increased by 35% to 20M units in 2022. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 117% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, leather sports gloves exports soared to $91M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +75.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Leather Sports Gloves in Thailand (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 33.2 | 31.7 | 41.1 | 61.7 | 22.9% |
Japan | 5.5 | 4.4 | 5.6 | 6.3 | 4.6% |
South Korea | 2.3 | 3.4 | 2.8 | 5.0 | 29.5% |
Netherlands | 2.2 | 2.0 | 3.5 | 3.6 | 17.8% |
United Kingdom | 1.8 | 1.9 | 3.0 | 3.0 | 18.6% |
Canada | 1.5 | 1.3 | 3.2 | 2.4 | 17.0% |
China | 2.8 | 1.8 | 2.2 | 2.2 | -7.7% |
Australia | 1.2 | 1.1 | 2.0 | 1.7 | 12.3% |
Belgium | 1.7 | 1.5 | 1.2 | 1.2 | -11.0% |
France | N/A | N/A | 0.5 | 0.6 | 20.0% |
Hong Kong SAR | 0.7 | 0.9 | 1.3 | 0.6 | -5.0% |
Others | 2.0 | 1.7 | 2.3 | 2.5 | 7.7% |
Total | 54.9 | 51.7 | 68.7 | 90.8 | 18.3% |
Top Export Markets for Leather Sports Gloves from Thailand in 2022:
- United States (12.7M units)
- Japan (1.3M units)
- South Korea (1.1M units)
- Netherlands (0.8M units)
- United Kingdom (0.7M units)
- Belgium (0.6M units)
- Canada (0.5M units)
- France (0.5M units)
- China (0.5M units)
- Hong Kong SAR (0.5M units)
- Australia (0.3M units)
Leather Sports Gloves Imports in Thailand
Leather sports gloves imports into Thailand skyrocketed to 611K units in 2022, growing by 84% compared with the year before. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, leather sports gloves imports skyrocketed to $880K in 2022. The total import value increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Imports peaked at $935K in 2020; however, from 2021 to 2022, imports remained at a lower figure.
Import of Leather Sports Gloves in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 140 | 292 | 254 | 357 | 36.6% |
Vietnam | 52.4 | 113 | 120 | 144 | 40.1% |
China | 194 | 263 | 169 | 124 | -13.9% |
Pakistan | 255 | 186 | 57.2 | 107 | -25.1% |
Cambodia | N/A | N/A | 7.6 | 30.1 | 296.1% |
Myanmar | 42.5 | 2.9 | 0.4 | 15.6 | -28.4% |
Malaysia | 0.8 | 4.4 | 4.2 | 14.4 | 162.1% |
Others | 48.1 | 73.6 | 36.8 | 87.9 | 22.3% |
Total | 733 | 935 | 649 | 880 | 6.3% |
Top Suppliers of Leather Sports Gloves to Thailand in 2022:
- Indonesia (179.9K units)
- China (169.6K units)
- Pakistan (89.6K units)
- Vietnam (35.4K units)
- Cambodia (29.6K units)
- Myanmar (15.2K units)
- Malaysia (13.1K units)
This report provides an in-depth analysis of the leather sports 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 32301510 - Leather sports gloves, mittens and mitts
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The Leather Sports Gloves exports reached a peak of 7.1M units in January 2023, but failed to regain momentum from February 2023 to January 2024. In terms of value, exports contracted to $4.7M in January 2024.
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