Romania: Gloves Market 2024

Gloves Market Size in Romania

The Romanian gloves market soared to $X in 2022, growing by X% against the previous year. In general, consumption showed a remarkable increase. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Gloves Production in Romania

In value terms, gloves production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by X% against the previous year. Gloves production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Gloves Exports

Exports from Romania

In 2022, shipments abroad of gloves, mittens and mitts (excluding knitted or crocheted) increased by X% to X pairs, rising for the third consecutive year after two years of decline. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, gloves exports shrank to $X in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Bulgaria (X pairs) was the main destination for gloves exports from Romania, accounting for a X% share of total exports. Moreover, gloves exports to Bulgaria exceeded the volume sent to the second major destination, Greece (X pairs), fivefold. Turkey (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Bulgaria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Turkey (X% per year).

In value terms, Bulgaria ($X) remains the key foreign market for gloves, mittens and mitts (excluding knitted or crocheted) exports from Romania, comprising X% of total exports. The second position in the ranking was taken by Greece ($X), with a X% share of total exports. It was followed by Hungary, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Bulgaria totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (X% per year) and Hungary (X% per year).

Export Prices by Country

In 2022, the average gloves export price amounted to $X per pair, shrinking by X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($X per pair), while the average price for exports to Croatia ($X per pair) was amongst the lowest.

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

Gloves Imports

Imports into Romania

For the eighth year in a row, Romania recorded growth in overseas purchases of gloves, mittens and mitts (excluding knitted or crocheted), which increased by X% to X pairs in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, gloves imports expanded rapidly to $X in 2022. Overall, imports saw buoyant growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X pairs), France (X pairs) and Poland (X pairs) were the main suppliers of gloves imports to Romania, together comprising X% of total imports. India, Austria, Italy, Germany, the Netherlands, the Czech Republic, Hungary and Belgium lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Italy ($X) and Poland ($X) were the largest gloves suppliers to Romania, together accounting for X% of total imports.

Italy, with a CAGR of X%, recorded 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

The average gloves import price stood at $X per pair in 2022, with a decrease of X% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per pair. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per pair), while the price for India ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :