Eastern Europe: Gloves Market 2024

Gloves Market Size in Eastern Europe

In 2022, after two years of growth, there was decline in the East European gloves market, when its value decreased by X% to $X. Overall, consumption saw a deep contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Gloves Production in Eastern Europe

In value terms, gloves production expanded remarkably to $X in 2022 estimated in export price. Overall, production continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

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Gloves Exports

Exports in Eastern Europe

In 2022, after two years of growth, there was decline in overseas shipments of gloves, mittens and mitts, when their volume decreased by X% to X pairs. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X pairs in 2021, and then fell in the following year.

In value terms, gloves exports shrank to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then reduced in the following year.

Exports by Country

The Czech Republic (X pairs) and Poland (X pairs) were the largest exporters of gloves, mittens and mitts in 2022, reaching approx. X% and X% of total exports, respectively. Belarus (X pairs) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Estonia (X%) and Hungary (X%). Lithuania (X pairs) and Russia (X pairs) held a relatively small share of total exports.

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

In value terms, the largest gloves supplying countries in Eastern Europe were Poland ($X), the Czech Republic ($X) and Hungary ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Eastern Europe stood at $X per pair in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the export price increased by X%. The level of export peaked at $X per pair in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per pair), while Belarus ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Gloves Imports

Imports in Eastern Europe

In 2022, supplies from abroad of gloves, mittens and mitts increased by X% to X pairs, rising for the fifth year in a row after five years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, gloves imports shrank to $X in 2022. Overall, imports, however, continue to indicate a mild contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

The countries with the highest levels of gloves imports in 2022 were Russia (X pairs), Poland (X pairs) and the Czech Republic (X pairs), together resulting at X% of total import. It was distantly followed by Hungary (X pairs), making up a X% share of total imports. Romania (X pairs), Estonia (X pairs), Ukraine (X pairs), Lithuania (X pairs), Belarus (X pairs), Latvia (X pairs), Slovakia (X pairs) and Bulgaria (X pairs) followed a long way behind the leaders.

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

In value terms, the largest gloves importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), with a combined X% share of total imports. Hungary, Romania, Estonia, Ukraine, Lithuania, Latvia, Slovakia, Bulgaria and Belarus lagged somewhat behind, together comprising a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per pair, dropping by X% against the previous year. Over the period under review, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per pair in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per pair), while Belarus ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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