India: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in India

The Indian leather sports gloves market skyrocketed to $X in 2022, jumping by X% against the previous year. Over the period under review, consumption saw a temperate increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Leather Sports Gloves Production in India

In value terms, leather sports gloves production fell slightly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Leather Sports Gloves Exports

Exports from India

In 2022, leather sports gloves exports from India dropped to X units, shrinking by X% compared with the previous year's figure. Overall, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, leather sports gloves exports contracted slightly to $X in 2022. Over the period under review, exports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units) was the main destination for leather sports gloves exports from India, with a X% share of total exports. Moreover, leather sports gloves exports to the United States exceeded the volume sent to the second major destination, the UK (X units), twofold. Australia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Australia (X% per year).

In value terms, the United States ($X) remains the key foreign market for leather sports gloves, mittens and mitts exports from India, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and South Korea (X% per year).

Export Prices by Country

The average leather sports gloves export price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced mixed trend patterns.

Leather Sports Gloves Imports

Imports into India

In 2022, approx. X units of leather sports gloves, mittens and mitts were imported into India; growing by X% compared with the previous year's figure. In general, total imports indicated prominent growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, leather sports gloves imports soared to $X in 2022. Overall, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

In 2022, China (X units) constituted the largest supplier of leather sports gloves to India, with a X% share of total imports. Moreover, leather sports gloves imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X units), fourfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X), Indonesia ($X) and the United Arab Emirates ($X) were the largest leather sports gloves suppliers to India, together accounting for X% of total imports. Singapore, Sri Lanka, Vietnam and Germany lagged somewhat behind, together comprising a further X%.

Singapore, with a CAGR of X%, saw the highest growth rate of 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 2022, the average leather sports gloves import price amounted to $X per unit, dropping by X% against the previous year. Overall, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leather sports gloves import price increased by X% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :