South Africa: Gloves Market 2024

Gloves Market Size in South Africa

The South African gloves market contracted to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021, and then contracted in the following year.

Gloves Production in South Africa

In value terms, gloves production expanded slightly to $X in 2022 estimated in export price. In general, production posted a significant expansion. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Gloves Exports

Exports from South Africa

In 2022, approx. X pairs of gloves, mittens and mitts were exported from South Africa; with a decrease of X% compared with the year before. Overall, exports saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gloves exports shrank rapidly to $X in 2022. In general, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Namibia (X pairs), Botswana (X pairs) and Mozambique (X pairs) were the main destinations of gloves exports from South Africa, with a combined X% share of total exports. Swaziland, Zimbabwe, Zambia and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Swaziland (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Mozambique ($X), Namibia ($X) and Botswana ($X) constituted the largest markets for gloves exported from South Africa worldwide, together accounting for X% of total exports. Zimbabwe, Swaziland, Zambia and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X%.

Swaziland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average gloves export price stood at $X per pair in 2022, shrinking by X% against the previous year. Overall, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per pair in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Mozambique ($X per pair) and Zimbabwe ($X per pair), while the average price for exports to Zambia ($X per pair) and Botswana ($X per pair) were amongst the lowest.

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

Gloves Imports

Imports into South Africa

In 2022, approx. X pairs of gloves, mittens and mitts were imported into South Africa; reducing by X% against the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 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 remained at a lower figure.

In value terms, gloves imports fell to $X in 2022. In general, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by X%. 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

Pakistan (X pairs), China (X pairs) and India (X pairs) were the main suppliers of gloves imports to South Africa, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%), while purchases for the other leaders experienced a decline.

In value terms, the largest gloves suppliers to South Africa were China ($X), Pakistan ($X) and India ($X), with a combined X% share of total imports.

In terms of the main suppliers, India, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average gloves import price amounted to $X per pair, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. As a result, import price attained the peak level of $X per pair. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per pair), while the price for Pakistan ($X per pair) was amongst the lowest.

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

Source: IndexBox Platform

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