Spain: Gloves Market 2024

Gloves Market Size in Spain

In 2022, the Spanish gloves market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Gloves Production in Spain

In value terms, gloves production fell rapidly to $X in 2022 estimated in export price. Overall, production, however, showed a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Gloves Exports

Exports from Spain

In 2022, shipments abroad of gloves, mittens and mitts decreased by X% to X pairs, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X pairs in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, gloves exports dropped rapidly to $X in 2022. In general, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2014 with an increase of X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Portugal (X pairs), Morocco (X pairs) and Belgium (X pairs) were the main destinations of gloves exports from Spain, with a combined X% share of total exports. France, Romania, Cuba, Gibraltar, the United States, Italy and Turkey lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Belgium ($X) and France ($X) appeared to be the largest markets for gloves exported from Spain worldwide, together comprising X% of total exports. Morocco, Italy, the United States, Cuba, Romania, Gibraltar and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, the United States, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average gloves export price stood at $X per pair in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, saw a perceptible reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per pair in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per pair), while the average price for exports to Gibraltar ($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 Turkey (X%), while the prices for the other major destinations experienced mixed trend patterns.

Gloves Imports

Imports into Spain

After two years of growth, supplies from abroad of gloves, mittens and mitts decreased by X% to X pairs in 2022. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when imports increased by X%. Imports peaked at X pairs in 2021, and then declined in the following year.

In value terms, gloves imports rose sharply to $X in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

India (X pairs), Pakistan (X pairs) and China (X pairs) were the main suppliers of gloves imports to Spain, together comprising X% of total imports.

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

In value terms, the largest gloves suppliers to Spain were India ($X), Pakistan ($X) and China ($X), with a combined X% share of total imports. The Netherlands, France and Germany lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, the Netherlands, 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 average gloves import price stood at $X per pair in 2022, increasing by X% against the previous year. Overall, the import price, however, saw a pronounced setback. Over the period under review, average import prices reached the peak figure at $X per pair in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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