CIS: Gloves Market 2022

Gloves Market Size in CIS

The CIS gloves market was estimated at $X in 2021, increasing by X% against the previous year. The total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Gloves Production in CIS

In value terms, gloves production stood at $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2021, 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), more than tenfold. Kazakhstan (X pairs) ranked third in terms of total production with a X% share.

In Russia, gloves production expanded at an average annual rate of +X% over the period from 2012-2021. 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

After four years of growth, shipments abroad of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -X% to X pairs in 2021. Total exports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X pairs in 2020, and then declined rapidly in the following year.

In value terms, gloves exports contracted markedly to $X in 2021. Overall, exports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then declined significantly in the following year.

Export Prices by Country

The export price in the CIS stood at $X per pair in 2021, reducing by -X% against the previous year. Overall, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per pair in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tajikistan (-X%), while the other leaders experienced a decline in the export price figures.

Gloves Imports

Imports in CIS

In 2021, gloves imports in the CIS skyrocketed to X pairs, with an increase of X% against the year before. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, gloves imports expanded notably to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Russia represented the key importer of gloves, mittens and mitts (excluding knitted or crocheted) in the CIS, with the volume of imports amounting to X pairs, which was approx. X% of total imports in 2021. Belarus (X pairs) ranks second in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Azerbaijan (X%).

Imports into Russia decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Azerbaijan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. From 2012 to 2021, the share of Belarus and Azerbaijan increased by +X and +X percentage points, respectively.

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

In Russia, gloves imports remained relatively stable over the period from 2012-2021. In the other countries, the average annual rates were as follows: Belarus (+X% per year) and Kazakhstan (-X% per year).

Import Prices by Country

In 2021, the i in the CIS amounted to $X per pair, reducing by -X% against the previous year. In general, the import price showed a mild setback. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price attained the peak level of $X per pair. From 2014 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Russia ($X per pair), while Belarus ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform