Latest Report Update: Jan 8, 2022

Saudi Arabia - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Saudi Arabia: Gloves Market Overview 2022

Gloves Market Size in Saudi Arabia

For the fourth year in a row, the Saudi gloves market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a somewhat lower figure.

Gloves Production in Saudi Arabia

In value terms, gloves production soared to $X in 2020 estimated in export prices. In general, production, however, saw noticeable growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Gloves Exports

Exports from Saudi Arabia

In 2020, overseas shipments of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -X% to X pairs, falling for the third year in a row after two years of growth. Overall, exports saw a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Exports peaked at X pairs in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, gloves exports shrank sharply to $X in 2020. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

Bahrain (X pairs) was the main destination for gloves exports from Saudi Arabia, accounting for a approx. X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of volume to Bahrain stood at +X%.

In value terms, Bahrain ($X) also remains the key foreign market for gloves exports from Saudi Arabia.

From 2007 to 2020, the average annual growth rate of value to Bahrain totaled +X%.

Export Prices by Country

In 2020, the average gloves export price amounted to $X per pair, surging by X% against the previous year. Over the period under review, the export price saw a remarkable increase. As a result, export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Bahrain.

From 2007 to 2020, the rate of growth in terms of prices for Bahrain amounted to +X% per year.

Gloves Imports

Imports into Saudi Arabia

In 2020, after two years of growth, there was significant decline in overseas purchases of gloves, mittens and mitts (excluding knitted or crocheted), when their volume decreased by -X% to X pairs. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, imports reached the peak of X pairs. from 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, gloves imports fell rapidly to $X in 2020. In general, imports, however, showed a strong increase. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, China (X pairs) constituted the largest supplier of gloves to Saudi Arabia, with a X% share of total imports. Moreover, gloves imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X pairs), sevenfold. The third position in this ranking was occupied by Sri Lanka (X pairs), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and Sri Lanka (+X% per year).

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

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

Import Prices by Country

In 2020, the average gloves import price amounted to $X per pair, surging by X% against the previous year. Overall, the import price, however, showed a abrupt setback. Over the period under review, average import prices hit record highs at $X per pair in 2009; however, from 2010 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per pair), while the price for Pakistan ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for gloves, mittens and mitts (excluding knitted or crocheted) in the world?
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The country with the largest volume of gloves consumption was China (30M pairs), 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. The third position in this ranking was occupied by India (10M pairs), 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), comprising approx. 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 Saudi Arabia?
+
In value terms, China ($1.8M) constituted the largest supplier of gloves to Saudi Arabia, comprising 47% of total imports. The second position in the ranking was occupied by Viet Nam ($533K), with a 14% share of total imports. It was followed by Sri Lanka, with a 11% share.
What are the leading importers of gloves, mittens and mitts (excluding knitted or crocheted) from Saudi Arabia?
+
In value terms, Bahrain ($15K) remains the key foreign market for gloves exports from Saudi Arabia.
What is the average export price for gloves, mittens and mitts (excluding knitted or crocheted) in Saudi Arabia?
+
In 2020, the average gloves export price amounted to $58 per pair, growing by 291% against the previous year.
What is the average import price for gloves, mittens and mitts (excluding knitted or crocheted) in Saudi Arabia?
+
The average gloves import price stood at $7.5 per pair in 2020, rising by 43% 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 Saudi Arabia. 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:
• Saudi Arabia

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