Report Mexico - Gloves, Mittens and Mitts (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 8, 2022

Mexico - Gloves, Mittens and Mitts (Excluding Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Mexico: Gloves Market Overview 2022

Gloves Market Size in Mexico

After six years of growth, the Mexican gloves market decreased by -X% to $X in 2020. Over the period under review, the total consumption indicated tangible growth from 2007 to 2020: its value increased 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. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. As a result, consumption attained the peak level of $X, and then fell remarkably in the following year.

Gloves Production in Mexico

In value terms, gloves production dropped to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X, and then reduced in the following year.

Gloves Exports

Exports from Mexico

In 2020, approx. X pairs of gloves, mittens and mitts (excluding knitted or crocheted) were exported from Mexico; growing by X% on the previous year. In general, exports, however, showed a precipitous decrease. Over the period under review, exports reached the maximum at X pairs in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, gloves exports skyrocketed to $X in 2020. Overall, exports, however, saw a deep reduction. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

The U.S. (X pairs) was the main destination for gloves exports from Mexico, accounting for a X% share of total exports. Moreover, gloves exports to the U.S. exceeded the volume sent to the second major destination, Panama (X pairs), more than tenfold. The third position in this ranking was occupied by Chile (X pairs), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the U.S. totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and Chile (+X% per year).

In value terms, the U.S. ($X) remains the key foreign market for gloves exports from Mexico, comprising X% of total exports. The second position in the ranking was occupied by Panama ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the U.S. totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (+X% per year) and Chile (+X% per year).

Export Prices by Country

The average gloves export price stood at $X per pair in 2020, which is down by -X% against the previous year. In general, export price indicated perceptible 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 export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per pair, and then declined rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2020, the countries with the highest prices were Guatemala ($X per pair) and Panama ($X per pair), while the average price for exports to the U.S. ($X per pair) and Chile ($X per pair) were amongst the lowest.

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

Gloves Imports

Imports into Mexico

In 2020, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -X% to X pairs, falling for the second year in a row after five years of growth. Over the period under review, imports, however, showed a resilient increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports reached the maximum at X pairs in 2018; however, from 2019 to 2020, imports stood at a somewhat lower figure.

In value terms, gloves imports expanded slightly to $X in 2020. Overall, imports, however, saw a strong increase. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. As a result, imports reached the peak of $X. from 2015 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

China (X pairs), the Philippines (X pairs) and the U.S. (X pairs) were the main suppliers of gloves imports to Mexico, with a combined X% share of total imports.

From 2007 to 2020, the biggest increases were in the Philippines, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of gloves to Mexico, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Viet Nam, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (+X% per year) and Viet Nam (+X% per year).

Import Prices by Country

In 2020, the average gloves import price amounted to $X per pair, rising by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% y-o-y. As a result, import price reached the peak level of $X per pair. from 2015 to 2020, the growth in terms of the average import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per pair), while the price for the Philippines ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced mixed trend patterns.

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) remains the largest gloves consuming country worldwide, 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 Mexico?
+
In value terms, China ($3.2M) constituted the largest supplier of gloves to Mexico, comprising 56% of total imports. The second position in the ranking was occupied by the U.S. ($804K), with a 14% share of total imports. It was followed by Viet Nam, with a 5.8% share.
What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) from Mexico?
+
In value terms, the U.S. ($1.7M) remains the key foreign market for gloves exports from Mexico, comprising 87% of total exports. The second position in the ranking was occupied by Panama ($118K), with a 6% share of total exports. It was followed by Chile, with a 2.5% share.
What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Mexico?
+
In 2020, the average gloves export price amounted to $53 per pair, falling by -15.6% against the previous year.
What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Mexico?
+
The average gloves import price stood at $20 per pair in 2020, with an increase of 55% 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 Mexico. 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:
• Mexico

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Mexico
• 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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