Report Update Apr 1, 2024

Panama - Gloves, Mittens and Mitts (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Panama: Gloves Market 2024

Gloves Market Size in Panama

The Panamanian gloves market skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption showed a prominent expansion. Gloves consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Gloves Production in Panama

In value terms, gloves production skyrocketed to $X in 2022 estimated in export price. In general, production posted resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gloves Exports

Exports from Panama

In 2022, approx. X pairs of gloves, mittens and mitts (excluding knitted or crocheted) were exported from Panama; waning by X% compared with the previous year. Overall, exports continue to indicate a precipitous setback. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, the exports reached the maximum at X pairs in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, gloves exports shrank remarkably to $X in 2022. Over the period under review, exports showed a dramatic decline. The pace of growth appeared the most rapid in 2020 when exports increased by X%. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X pairs) and Free Zones (X pairs) were the main destinations of gloves exports from Panama.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of X%).

In value terms, the largest markets for gloves exported from Panama were the United States ($X) and Free Zones ($X).

The United States, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average gloves export price amounted to $X per pair, declining by X% against the previous year. In general, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. The export price peaked at $X per pair in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Free Zones ($X per pair), while the average price for exports to the United States totaled $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nicaragua (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into Panama

In 2022, supplies from abroad of gloves, mittens and mitts (excluding knitted or crocheted) was finally on the rise to reach X pairs after two years of decline. In general, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, gloves imports soared to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X pairs), Free Zones (X pairs) and the United States (X pairs) were the main suppliers of gloves imports to Panama, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Free Zones (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest gloves suppliers to Panama were China ($X), the United States ($X) and Free Zones ($X), with a combined X% share of total imports.

In terms of the main suppliers, Free Zones, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average gloves import price amounted to $X per pair, picking up by X% against the previous year. Over the period under review, the import price saw a noticeable expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per pair in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts (excluding knitted or crocheted) in the world?

The country with the largest volume of gloves consumption was China, accounting for 44% of total volume. Moreover, gloves consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fivefold. The Netherlands ranked third in terms of total consumption with a 4% share.

What are the largest producers of gloves, mittens and mitts (excluding knitted or crocheted) in the world?

The country with the largest volume of gloves production was China, comprising approx. 59% of total volume. Moreover, gloves production in China exceeded the figures recorded by the second-largest producer, the Netherlands, more than tenfold. The United States ranked third in terms of total production with a 3.1% share.

What are the leading suppliers of gloves, mittens and mitts (excluding knitted or crocheted) to Panama?

In value terms, China, the United States and Free Zones were the largest gloves suppliers to Panama, with a combined 94% share of total imports.

What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) from Panama?

In value terms, the largest markets for gloves exported from Panama were the United States and Free Zones.

What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Panama?

The average gloves export price stood at $20 per pair in 2022, waning by -1.9% against the previous year.

What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Panama?

In 2022, the average gloves import price amounted to $7.7 per pair, with an increase of 2.6% against the previous year.

This report provides an in-depth analysis of the gloves market in Panama. 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:

Panama

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Panama
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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