Latest Report Update: Jan 8, 2022

Finland - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Finland: Gloves Market Overview 2022

Gloves Market Size in Finland

In 2020, the Finnish gloves market decreased by -X% to $X, falling for the second year in a row after two years of growth. Overall, the total consumption indicated moderate growth from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by -X% against 2018 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, the market reached the peak level at $X in 2011; however, from 2012 to 2020, consumption stood at a somewhat lower figure.

Gloves Exports

Exports from Finland

In 2020, shipments abroad of gloves, mittens and mitts (excluding knitted or crocheted) was finally on the rise to reach X pairs for the first time since 2017, thus ending a two-year declining trend. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X pairs in 2011; however, from 2012 to 2020, exports remained at a lower figure.

In value terms, gloves exports surged to $X in 2020. Over the period under review, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Over the period under review, exports hit record highs at $X in 2010; however, from 2011 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Estonia (X pairs) was the main destination for gloves exports from Finland, accounting for a X% share of total exports. Moreover, gloves exports to Estonia exceeded the volume sent to the second major destination, Russia (X pairs), threefold. Germany (X pairs) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and Germany (+X% per year).

In value terms, Sweden ($X), Germany ($X) and Estonia ($X) appeared to be the largest markets for gloves exported from Finland worldwide, together accounting for X% of total exports. Russia, Norway, Latvia, Italy, Lithuania, Serbia and Bulgaria lagged somewhat behind, together comprising a further X saw the highest growth rate of 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 2020, the average gloves export price amounted to $X per pair, picking up by X% against the previous year. Over the period under review, export price indicated a remarkable increase 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 export price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum in 2020 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Sweden ($X per pair), while the average price for exports to Lithuania ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into Finland

Gloves imports into Finland declined modestly to X pairs in 2020, shrinking by -X% compared with 2019 figures. Over the period under review, imports recorded a slight downturn. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports reached the maximum at X pairs in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

In value terms, gloves imports reached $X in 2020. Overall, total imports indicated a pronounced increase from 2007 to 2020: its value decreased 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 growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

China (X pairs), Sweden (X pairs) and Pakistan (X pairs) were the main suppliers of gloves imports to Finland, together comprising X% of total imports. India, Austria, Germany and the Netherlands lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Austria, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Sweden ($X) and Germany ($X) were the largest gloves suppliers to Finland, together comprising X% of total imports. Austria, Pakistan, the Netherlands and India lagged somewhat behind, together accounting for a further X terms of the main suppliers, the Netherlands saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average gloves import price stood at $X per pair in 2020, with an increase of X% against the previous year. In general, import price indicated pronounced 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 2014 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is expected to retain growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts (excluding knitted or crocheted) in the world?
+
China (30M pairs) constituted the country with the largest volume of gloves consumption, accounting for 19% of total volume. Moreover, gloves consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (13M pairs), twofold. India (10M pairs) ranked third in terms of total consumption with a 6.7% share.
What are the largest producers of gloves, mittens and mitts (excluding knitted or crocheted) in the world?
+
The country with the largest volume of gloves production was China (51M pairs), accounting for 33% of total volume. Moreover, gloves production in China exceeded the figures recorded by the second-largest producer, India (11M pairs), fivefold. The third position in this ranking was occupied by Indonesia (5.4M pairs), with a 3.5% share.
What are the leading suppliers of gloves, mittens and mitts (excluding knitted or crocheted) to Finland?
+
In value terms, the largest gloves suppliers to Finland were China ($7.6M), Sweden ($4.3M) and Germany ($714K), with a combined 82% share of total imports. Austria, Pakistan, the Netherlands and India lagged somewhat behind, together comprising a further 10%.
What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) from Finland?
+
In value terms, Sweden ($335K), Germany ($332K) and Estonia ($303K) appeared to be the largest markets for gloves exported from Finland worldwide, together comprising 43% of total exports. These countries were followed by Russia, Norway, Latvia, Italy, Lithuania, Serbia and Bulgaria, which together accounted for a further 25%.
What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Finland?
+
In 2020, the average gloves export price amounted to $72 per pair, surging by 10% against the previous year.
What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Finland?
+
In 2020, the average gloves import price amounted to $35 per pair, surging by 4.4% against the previous year.

Product coverage:
• Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)

This report provides an in-depth analysis of the gloves market in Finland. 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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