Eastern Europe: Gloves Market 2024

Gloves Market Size in Eastern Europe

In 2022, the East European gloves market increased by X% to $X, rising for the third consecutive year after two years of decline. The total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Gloves Production in Eastern Europe

In value terms, gloves production totaled $X in 2022 estimated in export price. In general, production, however, saw a pronounced setback. The growth pace was the most rapid in 2020 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Gloves Exports

Exports in Eastern Europe

In 2022, the amount of gloves, mittens and mitts (excluding knitted or crocheted) exported in Eastern Europe surged to X pairs, jumping by X% against 2021. In general, exports posted a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, gloves exports expanded remarkably to $X in 2022. Overall, exports saw a strong expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Poland represented the key exporting country with an export of around X pairs, which resulted at X% of total exports. The Czech Republic (X pairs) took the second position in the ranking, distantly followed by Estonia (X pairs), Ukraine (X pairs), Lithuania (X pairs) and Slovakia (X pairs). All these countries together took approx. X% share of total exports. Hungary (X pairs) took a relatively small share of total exports.

Poland was also the fastest-growing in terms of the gloves, mittens and mitts (excluding knitted or crocheted) exports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), Estonia (X%), the Czech Republic (X%), Slovakia (X%) and Hungary (X%) displayed positive paces of growth. By contrast, Ukraine (X%) illustrated a downward trend over the same period. While the share of Poland (X p.p.), Lithuania (X p.p.), Estonia (X p.p.) and the Czech Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Ukraine (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest gloves supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a X% share of total exports. It was followed by Estonia, with an X% share.

In Poland, gloves exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Estonia (X% per year).

Export Prices by Country

The export price in Eastern Europe stood at $X per pair in 2022, which is down by X% against the previous year. Over the period under review, the export price showed a noticeable setback. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. The level of export peaked at $X per pair in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Estonia ($X per pair), while Slovakia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other leaders experienced a decline in the export price figures.

Gloves Imports

Imports in Eastern Europe

For the fourth year in a row, Eastern Europe recorded growth in supplies from abroad of gloves, mittens and mitts (excluding knitted or crocheted), which increased by X% to X pairs in 2022. Overall, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, gloves imports surged to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

Poland represented the largest importing country with an import of about X pairs, which recorded X% of total imports. The Czech Republic (X pairs) ranks second in terms of the total imports with an X% share, followed by Slovakia (X%), Estonia (X%), Romania (X%), Hungary (X%) and Russia (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Estonia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest gloves importing markets in Eastern Europe were Poland ($X), Russia ($X) and the Czech Republic ($X), with a combined X% share of total imports. Estonia, Slovakia, Romania and Hungary lagged somewhat behind, together accounting for a further X%.

Estonia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per pair in 2022, which is down by X% against the previous year. Overall, the import price recorded a deep downturn. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per pair in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per pair), while Hungary ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :