South-Eastern Asia: Leather Sports Gloves Market 2024

Leather Sports Gloves Market Size in South-Eastern Asia

In 2022, the Southeast Asian leather sports gloves market decreased by X% to $X, falling for the fourth consecutive year after seven years of growth. Overall, consumption showed a mild shrinkage. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Leather Sports Gloves Production in South-Eastern Asia

In value terms, leather sports gloves production dropped to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Leather Sports Gloves Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of leather sports gloves, mittens and mitts increased by X% to X units, rising for the third year in a row after seven years of decline. Total exports indicated a mild expansion from 2012 to 2022: its volume 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, exports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, leather sports gloves exports soared to $X in 2022. Total exports indicated moderate growth 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Thailand (X units), distantly followed by Indonesia (X units), Vietnam (X units) and the Philippines (X units) represented the largest exporters of leather sports gloves, mittens and mitts, together constituting X% of total exports. The following exporters - Cambodia (X units) and Myanmar (X units) - each reached a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Myanmar (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X), Thailand ($X) and Vietnam ($X) were the countries with the highest levels of exports in 2022, together accounting for X% of total exports. The Philippines, Cambodia and Myanmar lagged somewhat behind, together comprising a further X%.

Among the main exporting countries, Cambodia, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per unit, waning by X% against the previous year. Export price indicated a pronounced increase from 2012 to 2022: its price 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, leather sports gloves export price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Philippines ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Leather Sports Gloves Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of leather sports gloves, mittens and mitts decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, leather sports gloves imports fell dramatically to $X in 2022. Overall, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Indonesia (X units) and Thailand (X units) represented the largest importers of leather sports gloves, mittens and mitts in 2022, finishing at approx. X% and X% of total imports, respectively. Malaysia (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and Myanmar (X%). Cambodia (X units) and Vietnam (X units) held a little share of total imports.

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

In value terms, the largest leather sports gloves importing markets in South-Eastern Asia were Singapore ($X), Indonesia ($X) and Thailand ($X), with a combined X% share of total imports. Malaysia, Vietnam, Myanmar and Cambodia lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Myanmar, 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 more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per unit in 2022, falling by X% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2018 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2019 to 2022, the import prices remained at a somewhat lower figure.

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 Vietnam ($X per unit), while Cambodia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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