Philippines - Leather Sports Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingLeather Sports Gloves Price in the Philippines - 2023
Contents:
- Leather Sports Gloves Price in the Philippines (FOB) - 2022
- Leather Sports Gloves Price in the Philippines (CIF) - 2022
- Leather Sports Gloves Exports in the Philippines
- Leather Sports Gloves Imports in the Philippines
Leather Sports Gloves Price in the Philippines (FOB) - 2022
The average leather sports gloves export price stood at $12 per unit in 2022, picking up by 19% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 124%. Over the period under review, the average export prices reached the maximum at $14 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($12 per unit), while the average price for exports to Canada ($12 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Sports Gloves Price in the Philippines (CIF) - 2022
The average leather sports gloves import price stood at $8.6 per unit in 2022, remaining constant against the previous year. Over the period under review, the import price saw a significant expansion. The growth pace was the most rapid in 2018 when the average import price increased by 344% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($8.6 per unit) and Singapore ($8.6 per unit), while the price for Hong Kong SAR ($8.2 per unit) and China ($8.6 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Sports Gloves Exports in the Philippines
Leather sports gloves exports from the Philippines rose rapidly to 5.2M units in 2022, with an increase of 8.1% compared with the year before. Over the period under review, exports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, leather sports gloves exports soared to $63M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +7.0% 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 +107.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 62% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Leather Sports Gloves in the Philippines (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.4 | 15.0 | 32.4 | 43.0 | 12.3% |
| Japan | 14.1 | 12.3 | 11.7 | 14.1 | 0.0% |
| Canada | 1.6 | 0.3 | 0.6 | 1.9 | 5.9% |
| South Korea | 2.2 | 0.9 | 1.0 | 0.8 | -28.6% |
| Others | 2.8 | 1.6 | 3.1 | 2.8 | 0.0% |
| Total | 51.1 | 30.1 | 48.8 | 62.6 | 7.0% |
Top Export Markets for Leather Sports Gloves from the Philippines in 2022:
- United States (3.6M units)
- Japan (1.2M units)
- Canada (0.2M units)
- South Korea (0.1M units)
Leather Sports Gloves Imports in the Philippines
In 2022, purchases abroad of leather sports gloves, mittens and mitts was finally on the rise to reach 47K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt contraction. Imports peaked at 72K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, leather sports gloves imports skyrocketed to $404K in 2022. Over the period under review, imports, however, showed a abrupt slump. Imports peaked at $567K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Leather Sports Gloves in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 178 | 57.4 | 77.4 | 91.7 | -19.8% |
| Pakistan | 43.7 | 49.8 | 19.6 | 83.2 | 23.9% |
| Indonesia | 50.1 | 58.5 | 66.8 | 58.4 | 5.2% |
| Thailand | 34.7 | 53.6 | 29.7 | 45.9 | 9.8% |
| United States | 28.6 | 1.9 | 46.5 | 34.0 | 5.9% |
| Bangladesh | N/A | N/A | N/A | 24.7 | 0% |
| Vietnam | 16.9 | 0.5 | 3.2 | 13.8 | -6.5% |
| India | 26.6 | N/A | 0.1 | 10.9 | -25.7% |
| Malaysia | 50.6 | 82.4 | N/A | 10.0 | -41.8% |
| Japan | 42.6 | 28.3 | 1.9 | 9.0 | -40.4% |
| Singapore | 49.8 | 17.7 | 3.2 | 7.4 | -47.0% |
| Others | 46.0 | 34.5 | 26.2 | 15.3 | -30.7% |
| Total | 567 | 385 | 275 | 404 | -10.7% |
Top Suppliers of Leather Sports Gloves to the Philippines in 2022:
- China (10.7K units)
- Pakistan (9.7K units)
- Indonesia (6.8K units)
- Thailand (5.4K units)
- United States (4.0K units)
- Bangladesh (2.9K units)
- Vietnam (1.6K units)
- India (1.3K units)
- Malaysia (1.2K units)
- Japan (1.1K units)
- Singapore (0.9K units)
This report provides an in-depth analysis of the leather sports gloves market in the Philippines. 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:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- 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
-
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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