CIS: Gloves Market Overview 2022

Gloves Market Size in CIS

The CIS gloves market rose modestly to $X in 2020, surging by X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Gloves Production in CIS

In value terms, gloves production expanded significantly to $X in 2020 estimated in export prices. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

Production By Country in CIS

Russia (X pairs) remains the largest gloves producing country in the CIS, accounting for X% of total volume. Moreover, gloves production in Russia exceeded the figures recorded by the second-largest producer, Uzbekistan (X pairs), tenfold. The third position in this ranking was occupied by Kazakhstan (X pairs), with a X% share.

In Russia, gloves production remained relatively stable over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Uzbekistan (-X% per year) and Kazakhstan (+X% per year).

Gloves Exports

Exports in CIS

Gloves exports stood at X pairs in 2020, almost unchanged from 2019 figures. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. The volume of export peaked in 2020 and is likely to continue growth in years to come.

In value terms, gloves exports declined to $X in 2020. Over the period under review, exports recorded moderate growth. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

In 2020, Russia (X pairs) represented the key exporter of gloves, mittens and mitts (excluding knitted or crocheted), making up X% of total exports. It was distantly followed by Belarus (X pairs), making up a X% share of total exports. Uzbekistan (X pairs) and Tajikistan (X pairs) held a minor share of total exports.

From 2007 to 2020, average annual rates of growth with regard to gloves exports from Russia stood at +X%. At the same time, Tajikistan (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Tajikistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2007-2020. By contrast, Uzbekistan (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Russia, Belarus and Tajikistan increased by +X%, +X% and +X% percentage points, while Uzbekistan (-X p.p.) saw their share reduced.

In value terms, Russia ($X) remains the largest gloves supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Russia totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Belarus (+X% per year) and Uzbekistan (-X% per year).

Export Prices by Country

The gloves export price in the CIS stood at $X per pair in 2020, shrinking by -X% against the previous year. Over the period under review, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. As a result, export price attained the peak level of $X per pair. from 2013 to 2020, the growth in terms of the export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Tajikistan ($X per pair), while Russia ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other leaders experienced a decline in the export price figures.

Gloves Imports

Imports in CIS

In 2020, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -X% to X pairs, falling for the second consecutive year after two years of growth. Total imports indicated a tangible increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X pairs in 2018; however, from 2019 to 2020, imports failed to regain the momentum.

In value terms, gloves imports contracted to $X in 2020. Over the period under review, imports, however, showed a resilient expansion. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. The level of import peaked at $X in 2013; however, from 2014 to 2020, imports remained at a lower figure.

Imports by Country

Russia represented the key importing country with an import of about X pairs, which resulted at X% of total imports. Belarus (X pairs) occupied an X% share (based on tonnes) of total imports, which put it in second place, followed by Kazakhstan (X%) and Azerbaijan (X%).

Imports into Russia increased at an average annual rate of +X% from 2007 to 2020. At the same time, Belarus (+X%), Azerbaijan (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Belarus emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2007-2020. While the share of Belarus (+X p.p.) and Azerbaijan (+X p.p.) increased significantly in terms of the total imports from 2007-2020, the share of Russia (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported gloves, mittens and mitts (excluding knitted or crocheted) in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Kazakhstan (+X% per year) and Belarus (+X% per year).

Import Prices by Country

The gloves import price in the CIS stood at $X per pair in 2020, growing by X% against the previous year. Import price indicated temperate growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, gloves import price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2012 an increase of X% y-o-y. Over the period under review, import prices attained the maximum at $X per pair in 2013; however, from 2014 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Russia ($X per pair), while Belarus ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform