Brazil: Gloves Market 2024

Gloves Market Size in Brazil

The Brazilian gloves market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, showed a abrupt setback. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Gloves Production in Brazil

In value terms, gloves production dropped to $X in 2022 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gloves Exports

Exports from Brazil

For the fourth consecutive year, Brazil recorded growth in overseas shipments of gloves, mittens and mitts, which increased by X% to X pairs in 2022. In general, exports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports attained the peak of X pairs. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, gloves exports surged to $X in 2022. Over the period under review, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Uruguay (X pairs), Ghana (X pairs) and Angola (X pairs) were the main destinations of gloves exports from Brazil, with a combined X% share of total exports. France, Liberia, Marshall Islands, the United States, Panama, Paraguay, Chile, Hong Kong SAR, Bahamas and Malta lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Marshall Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Uruguay ($X), Ghana ($X) and France ($X) were the largest markets for gloves exported from Brazil worldwide, with a combined X% share of total exports. Angola, the United States, Liberia, Marshall Islands, Paraguay, Panama, Hong Kong SAR, Chile, Malta and Bahamas lagged somewhat behind, together accounting for a further X%.

Marshall Islands, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average gloves export price amounted to $X per pair, surging by X% against the previous year. Over the period under review, the export price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per pair in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per pair), while the average price for exports to Bahamas ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports into Brazil

In 2022, gloves imports into Brazil surged to X pairs, jumping by X% against the year before. In general, imports, however, continue to indicate a slight decrease. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X pairs in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, gloves imports skyrocketed to $X in 2022. Overall, imports, however, showed a pronounced downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

India (X pairs), China (X pairs) and Pakistan (X pairs) were the main suppliers of gloves imports to Brazil, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest gloves suppliers to Brazil were India ($X), China ($X) and Pakistan ($X), together accounting for X% of total imports.

In terms of the main suppliers, Pakistan, 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

The average gloves import price stood at $X per pair in 2022, increasing by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per pair in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Pakistan ($X per pair), while the price for India ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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