SADC: Gloves Market 2024

Gloves Market Size in SADC

The SADC gloves market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption posted slight growth. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a somewhat lower figure.

Gloves Production in SADC

In value terms, gloves production dropped to $X in 2022 estimated in export price. Overall, production showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Gloves Exports

Exports in SADC

In 2022, overseas shipments of gloves, mittens and mitts decreased by X% to X pairs for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, enjoyed a resilient increase. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X pairs in 2021, and then shrank significantly in the following year.

In value terms, gloves exports shrank rapidly to $X in 2022. In general, exports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

Madagascar represented the key exporting country with an export of around X pairs, which amounted to X% of total exports. It was distantly followed by South Africa (X pairs), creating a X% share of total exports.

Madagascar was also the fastest-growing in terms of the gloves, mittens and mitts exports, with a CAGR of X% from 2012 to 2022. South Africa (X%) illustrated a downward trend over the same period. Madagascar (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, South Africa ($X) remains the largest gloves supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Madagascar ($X), with a X% share of total exports.

In South Africa, gloves exports declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in SADC amounted to $X per pair, standing approx. at the previous year. Overall, the export price, however, showed a deep contraction. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per pair in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per pair), while Madagascar totaled $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Gloves Imports

Imports in SADC

In 2022, overseas purchases of gloves, mittens and mitts decreased by X% to X pairs, falling for the second consecutive year after two years of growth. In general, imports showed a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of import peaked at X pairs in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, gloves imports declined to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

South Africa was the major importer of gloves, mittens and mitts in SADC, with the volume of imports finishing at X pairs, which was approx. X% of total imports in 2022. Democratic Republic of the Congo (X pairs) took the second position in the ranking, distantly followed by Angola (X pairs). All these countries together held approx. X% share of total imports. The following importers - Mozambique (X pairs), Zambia (X pairs), Tanzania (X pairs) and Botswana (X pairs) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to gloves imports into South Africa stood at X%. At the same time, Democratic Republic of the Congo (X%) and Tanzania (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. By contrast, Zambia (X%), Botswana (X%), Angola (X%) and Mozambique (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Africa, Democratic Republic of the Congo, Angola, Tanzania and Zambia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported gloves, mittens and mitts in SADC, comprising X% of total imports. The second position in the ranking was taken by Angola ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

In South Africa, gloves imports shrank by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Angola (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per pair, reducing by X% against the previous year. In general, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per pair in 2012; however, from 2013 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 Mozambique ($X per pair), while Democratic Republic of the Congo ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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