Report Update Apr 1, 2024

Cuba - Gloves, Mittens and Mitts - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Cuba: Gloves Market 2024

Gloves Market Size in Cuba

The Cuban gloves market dropped sharply to $X in 2021, waning by -28.3% against the previous year. Overall, consumption, however, showed a resilient increase. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Gloves Production in Cuba

In value terms, gloves production shrank dramatically to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 197% against the previous year. As a result, production attained the peak level of $X, and then fell significantly in the following year.

Gloves Exports

Exports from Cuba

For the fourth consecutive year, Cuba recorded growth in shipments abroad of gloves, mittens and mitts, which increased by 500% to X pairs in 2018. Overall, exports, however, showed a sharp descent. Over the period under review, the exports attained the maximum at X pairs in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

In value terms, gloves exports soared to $X in 2018. Over the period under review, exports, however, saw a sharp slump. The exports peaked at $X in 2013; however, from 2014 to 2018, the exports failed to regain momentum.

Exports by Country

Angola (X pairs) and Hungary (X pairs) were the main destinations of gloves exports from Cuba. Moreover, gloves exports in Angola exceeded the figures recorded by the second-largest exporter, Hungary, twofold.

From 2013 to 2018, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Angola (with a CAGR of 0.0%).

In value terms, Angola ($X) emerged as the key foreign market for gloves exports from Cuba, comprising 79% of total exports. The second position in the ranking was taken by Hungary ($X), with a 21% share of total exports.

From 2013 to 2018, the average annual growth rate of value to Angola was relatively modest.

Export Prices by Country

The average gloves export price stood at $X per pair in 2018, growing by 171% against the previous year. Overall, the export price enjoyed a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Angola ($X per pair), while the average price for exports to Hungary amounted to $X per pair.

From 2013 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Angola (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into Cuba

Gloves imports into Cuba soared to X pairs in 2021, with an increase of 342% against the previous year. Over the period under review, imports, however, showed a drastic downturn. Over the period under review, imports reached the peak figure at X pairs in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, gloves imports surged to $X in 2021. Overall, imports, however, faced a deep slump. The growth pace was the most rapid in 2019 with an increase of 147% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X pairs) constituted the largest gloves supplier to Cuba, with a 59% share of total imports. Moreover, gloves imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X pairs), threefold. The third position in this ranking was taken by Panama (X pairs), with an 8.3% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (0.0% per year) and Panama (+42.1% per year).

In value terms, China ($X), Panama ($X) and Spain ($X) were the largest gloves suppliers to Cuba, with a combined 79% share of total imports.

Panama, with a CAGR of +48.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average gloves import price amounted to $X per pair, dropping by -52.6% against the previous year. Overall, the import price recorded a abrupt slump. The growth pace was the most rapid in 2015 an increase of 20% against the previous year. Over the period under review, average import prices attained the maximum at $X per pair in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Panama ($X per pair), while the price for Colombia ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts in the world?

The countries with the highest volumes of consumption in 2021 were Russia, China and Turkey, with a combined 35% share of global consumption.

What are the largest producers of gloves, mittens and mitts in the world?

The countries with the highest volumes of production in 2021 were Russia, China and Turkey, together comprising 41% of global production.

What are the leading suppliers of gloves, mittens and mitts to Cuba?

In value terms, the largest gloves suppliers to Cuba were China, Panama and Spain, together accounting for 79% of total imports.

What are the leading importers of gloves, mittens and mitts from Cuba?

In value terms, Angola $90) emerged as the key foreign market for gloves exports from Cuba, comprising 79% of total exports. The second position in the ranking was taken by Hungary $24), with a 21% share of total exports.

What is the average export price for gloves, mittens and mitts in Cuba?

The average gloves export price stood at $19 per pair in 2018, surging by 171% against the previous year.

What is the average import price for gloves, mittens and mitts in Cuba?

The average gloves import price stood at $6.1 per pair in 2021, reducing by -52.6% against the previous year.

This report provides an in-depth analysis of the gloves market in Cuba. 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 14193175 - Gloves, mittens and mitts, of leather or composition leather (excluding for sport, protective for all trades)
Prodcom 32991130 - Protective gloves, mittens and mitts for all trades, of leather or composition leather

Country coverage:

Cuba

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Cuba
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023