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Bangladesh - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Gloves Price in Bangladesh - 2022
Contents:
- Leather Gloves Price in Bangladesh (FOB) - 2022
- Leather Gloves Price in Bangladesh (CIF) - 2022
- Leather Gloves Exports in Bangladesh
- Leather Gloves Imports in Bangladesh
Leather Gloves Price in Bangladesh (FOB) - 2022
The average leather gloves export price stood at $2.1 per pair in 2022, remaining constant against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, leather gloves export price decreased by -10.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 36% against the previous year. The export price peaked at $2.4 per pair in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 the United States ($7.2 per pair), while the average price for exports to China ($0.8 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 Japan (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Gloves Price in Bangladesh (CIF) - 2022
The average leather gloves import price stood at $0.4 per pair in 2022, reducing by -48.5% against the previous year. In general, the import price faced a abrupt contraction. The growth pace was the most rapid in 2019 when the average import price increased by 86%. Over the period under review, average import prices hit record highs at $1.1 per pair in 2012; however, from 2013 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 Pakistan ($1.4 per pair), while the price for India ($0.2 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+2.6%), while the prices for the other major suppliers experienced a decline.
Leather Gloves Exports in Bangladesh
In 2022, the amount of gloves, mittens and mitts exported from Bangladesh stood at 16M pairs, increasing by 9.8% on the previous year. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, leather gloves exports rose significantly to $34M in 2022. The total export value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Leather Gloves in Bangladesh (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 12.6 | 12.9 | 13.5 | 16.2 | 8.7% |
United States | 8.5 | 10.7 | 11.2 | 9.4 | 3.4% |
Canada | 3.2 | 3.4 | 2.8 | 4.0 | 7.7% |
South Korea | 0.9 | 0.6 | 1.2 | 1.5 | 18.6% |
United Kingdom | 1.6 | 1.2 | 0.6 | 1.2 | -9.1% |
Denmark | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
China | N/A | N/A | 0.2 | 0.3 | 50.0% |
Others | 0.9 | 1.3 | 1.5 | 1.4 | 15.9% |
Total | 27.9 | 30.3 | 31.1 | 34.3 | 7.1% |
Top Export Markets for Leather Gloves from Bangladesh in 2022:
- Japan (11.1M pairs)
- South Korea (1.4M pairs)
- United States (1.3M pairs)
- United Kingdom (0.8M pairs)
- Canada (0.5M pairs)
- China (0.4M pairs)
- Denmark (0.2M pairs)
Leather Gloves Imports in Bangladesh
Leather gloves imports into Bangladesh surged to 460K pairs in 2022, rising by 121% compared with the previous year. In general, imports saw noticeable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, leather gloves imports rose notably to $167K in 2022. Overall, imports, however, faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. Imports peaked at $300K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Leather Gloves in Bangladesh (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 51.2 | 37.7 | 36.4 | 99.1 | 24.6% |
China | 231 | 49.4 | 48.2 | 16.4 | -58.6% |
Pakistan | 6.9 | 3.6 | 47.3 | 13.1 | 23.8% |
Others | 10.7 | 7.6 | 14.6 | 38.4 | 53.1% |
Total | 300 | 98.3 | 146 | 167 | -17.7% |
Top Suppliers of Leather Gloves to Bangladesh in 2022:
- India (424.9K pairs)
- China (15.3K pairs)
- Pakistan (9.3K pairs)
This report provides an in-depth analysis of the leather gloves market in Bangladesh. 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 14193175 - Gloves, mittens and mitts, of leather or composition leather (excluding for sport, protective for all trades)
- Prodcom 32991130 - Protective gloves, mittens and mitts for all trades, of leather or composition leather
Country coverage:
- Bangladesh
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Bangladesh
- 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
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