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Mexico - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGloves Price in Mexico - 2023
Contents:
- Gloves Price in Mexico (CIF) - 2023
- Gloves Price in Mexico (FOB) - 2022
- Gloves Imports in Mexico
- Gloves Exports in Mexico
Gloves Price in Mexico (CIF) - 2023
The average gloves import price stood at $6.8 per pair in August 2023, therefore, remained relatively stable against the previous month. In general, the import price saw a slight decline. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 1.4% against the previous month. The import price peaked at $8.1 per pair in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from Vietnam ($6.8 per pair) and the Philippines ($6.8 per pair), while the price for China ($6.8 per pair) and Cambodia ($6.8 per pair) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (-1.4%), while the prices for the other major suppliers experienced a decline.
Gloves Price in Mexico (FOB) - 2022
In 2021, the average gloves export price amounted to $12 per pair, picking up by 6.9% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gloves export price increased by +46.6% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 28%. The export price peaked in 2021 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to +5.4% per year.
Gloves Imports in Mexico
Gloves imports into Mexico rose markedly to 1.1M pairs in 2022, growing by 14% against the year before. Over the period under review, imports, however, saw a perceptible decrease. Over the period under review, imports hit record highs at 1.3M pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, gloves imports expanded markedly to $7.5M in 2022. Overall, imports, however, saw a mild curtailment. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked at $7.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Gloves in Mexico (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
China | 4,502 | 3,178 | 3,179 | -16.0% | |
United States | 893 | 804 | 839 | -3.1% | |
Philippines | 581 | 310 | 547 | -3.0% | |
Pakistan | 525 | 370 | 533 | 0.8% | |
Vietnam | 508 | 332 | 505 | -0.3% | |
India | 32.0 | 140 | 442 | 271.7% | |
Indonesia | 331 | 215 | 315 | -2.4% | |
Sri Lanka | 128 | 146 | 102 | -10.7% | |
Others | 394 | 215 | 203 | -28.2% | |
Total | 7,894 | 5,709 | 6,665 | -8.1% |
Top Suppliers of Gloves to Mexico in 2022:
- China (79.4K pairs)
- United States (21.0K pairs)
- Philippines (13.7K pairs)
- Pakistan (13.3K pairs)
- Vietnam (12.6K pairs)
- India (11.0K pairs)
- Indonesia (7.9K pairs)
- Sri Lanka (2.5K pairs)
Gloves Exports in Mexico
After three years of growth, overseas shipments of gloves, mittens and mitts (excluding knitted or crocheted) decreased by -31% to 242K pairs in 2022. Overall, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 101%. As a result, the exports attained the peak of 351K pairs, and then fell sharply in the following year.
In value terms, gloves exports reduced markedly to $2.6M in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 115%. As a result, the exports reached the peak of $4.2M, and then fell dramatically in the following year.
Export of Gloves in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
United States | 0.9 | 1.7 | 4.2 | 116.0% | |
Panama | N/A | 0.1 | N/A | 0% | |
Others | 0.1 | 0.1 | 0.1 | 0.0% | |
Total | 1.0 | 2.0 | 4.2 | 104.9% |
Top Export Markets for Gloves from Mexico in 2022:
- United States (57.7K pairs)
This report provides an in-depth analysis of the gloves market in Mexico. 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 2030.
Product coverage:
- Prodcom 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)
Country coverage:
- Mexico
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Mexico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the gloves market in Mexico.
This report provides an in-depth analysis of the global gloves market.
This report provides an in-depth analysis of the gloves market in Mexico.
This report provides an in-depth analysis of the global gloves market.
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