Turkey: Gloves Market 2024

Gloves Market Size in Turkey

In 2022, the Turkish gloves market decreased by X% to $X for the first time since 2013, thus ending a eight-year rising trend. Overall, consumption, however, recorded a significant expansion. Gloves consumption peaked at $X in 2021, and then reduced in the following year.

Gloves Production in Turkey

In value terms, gloves production dropped markedly to $X in 2022 estimated in export price. Overall, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Gloves Exports

Exports from Turkey

Gloves exports from Turkey contracted sharply to X pairs in 2022, declining by X% on the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at X pairs in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, gloves exports contracted dramatically to $X in 2022. In general, exports, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

Iraq (X pairs), Germany (X pairs) and Israel (X pairs) were the main destinations of gloves exports from Turkey, together comprising X% of total exports. France, Belgium, Azerbaijan, Serbia, Benin, Romania, Tanzania, Malta, India and Libya lagged somewhat behind, together comprising a further X%.

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

In value terms, Germany ($X) remains the key foreign market for gloves, mittens and mitts exports from Turkey, comprising X% of total exports. The second position in the ranking was taken by Iraq ($X), with an X% share of total exports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (X% per year) and India (X% per year).

Export Prices by Country

The average gloves export price stood at $X per pair in 2022, rising by X% against the previous year. In general, export price indicated a noticeable expansion 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, gloves export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in years to come.

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 India ($X per pair), while the average price for exports to Benin ($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 Iraq (X%), while the prices for the other major destinations experienced more modest paces of growth.

Gloves Imports

Imports into Turkey

In 2022, supplies from abroad of gloves, mittens and mitts increased by X% to X pairs, rising for the third year in a row after three years of decline. Over the period under review, imports recorded a mild expansion. Over the period under review, imports hit record highs at X pairs in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, gloves imports soared to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

India (X pairs), Pakistan (X pairs) and China (X pairs) were the main suppliers of gloves imports to Turkey, 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 mixed trend patterns.

In value terms, Pakistan ($X), India ($X) and China ($X) appeared to be the largest gloves suppliers to Turkey, together accounting for X% of total imports.

India, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average gloves import price amounted to $X per pair, which is down by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per pair. From 2015 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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