MENA: Gloves Market 2024

Gloves Market Size in MENA

The MENA's gloves market skyrocketed to $X in 2022, jumping by X% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Gloves Production in MENA

In value terms, gloves production surged to $X in 2022 estimated in export price. Overall, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gloves Exports

Exports in MENA

In 2022, gloves exports in MENA surged to X pairs, jumping by X% against 2021. Overall, exports showed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, gloves exports soared to $X in 2022. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

The United Arab Emirates was the largest exporting country with an export of around X pairs, which recorded X% of total exports. It was distantly followed by Turkey (X pairs), Egypt (X pairs) and Kuwait (X pairs), together committing a X% share of total exports. The following exporters - Morocco (X pairs) and Tunisia (X pairs) - each resulted at a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to gloves exports from the United Arab Emirates stood at X%. At the same time, Kuwait (X%), Egypt (X%), Morocco (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. By contrast, Tunisia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United Arab Emirates, Kuwait and Egypt increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) emerged as the largest gloves supplier in MENA, comprising X% of total exports. The second position in the ranking was held by Egypt ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In the United Arab Emirates, gloves exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Egypt (X% per year) and Turkey (X% per year).

Export Prices by Country

The export price in MENA stood at $X per pair in 2022, picking up by X% against the previous year. In general, the export price recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 Tunisia ($X per pair), while Kuwait ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports in MENA

After two years of decline, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) increased by X% to X pairs in 2022. In general, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X pairs in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, gloves imports soared to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia represented the key importer of gloves, mittens and mitts (excluding knitted or crocheted) in MENA, with the volume of imports reaching X pairs, which was approx. X% of total imports in 2022. Qatar (X pairs) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Kuwait (X%) and the United Arab Emirates (X%). Turkey (X pairs), Bahrain (X pairs) and Oman (X pairs) held a little share of total imports.

Imports into Saudi Arabia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Kuwait (X%), Bahrain (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing importer imported in MENA, with a CAGR of X% from 2012-2022. By contrast, the United Arab Emirates (X%), Oman (X%) and Qatar (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kuwait, the United Arab Emirates, Turkey and Bahrain increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X), Turkey ($X) and Kuwait ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Kuwait, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of 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 MENA amounted to $X per pair, picking up by X% against the previous year. Over the period under review, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Turkey ($X per pair), while Qatar ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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