Middle East: Gloves Market 2024

Gloves Market Size in the Middle East

The Middle Eastern gloves market surged to $X in 2022, rising by X% against the previous year. The total consumption indicated a notable 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 attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Gloves Production in the Middle East

In value terms, gloves production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted a buoyant increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Gloves Exports

Exports in the Middle East

In 2022, the amount of gloves, mittens and mitts (excluding knitted or crocheted) exported in the Middle East surged to X pairs, picking up by X% compared with the previous year. Over the period under review, exports enjoyed a strong 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. In general, exports saw a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, the United Arab Emirates (X pairs) was the main exporter of gloves, mittens and mitts (excluding knitted or crocheted), committing X% of total exports. Turkey (X pairs) took the second position in the ranking, distantly followed by Kuwait (X pairs). All these countries together took approx. 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%) and Turkey (X%) displayed positive paces of growth. Moreover, Kuwait emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of X% from 2012-2022. While the share of the United Arab Emirates (X p.p.) and Kuwait (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Turkey (X p.p.) displayed negative dynamics.

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

In the United Arab Emirates, gloves exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Turkey (X% per year) and Kuwait (X% per year).

Export Prices by Country

The export price in the Middle East stood at $X per pair in 2022, jumping by X% against the previous year. Overall, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 the United Arab Emirates ($X per pair), while Kuwait ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports in the Middle East

In 2022, purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted) was finally on the rise to reach X pairs after two years of decline. Over the period under review, imports, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2015 with an increase of 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 stood at a somewhat lower figure.

In value terms, gloves imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Saudi Arabia represented the largest importing country with an import of about X pairs, which accounted for X% of total imports. Qatar (X pairs) held the second position in the ranking, distantly followed by Kuwait (X pairs) and the United Arab Emirates (X pairs). All these countries together held approx. X% share of total imports. The following importers - Turkey (X pairs), Bahrain (X pairs) and Oman (X pairs) - together made up X% 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 the Middle East, 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. Kuwait (X p.p.), the United Arab Emirates (X p.p.), Turkey (X p.p.) and Bahrain (X p.p.) significantly strengthened its position in terms of the total imports, while Qatar and Saudi Arabia saw its share reduced by X% and X% from 2012 to 2022, 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) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Among the main importing countries, Kuwait, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price in the Middle East stood at $X per pair in 2022, picking up by X% against the previous year. Over the period under review, the import price recorded a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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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