Bulgaria - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Jul 1, 2024

Bulgaria - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights

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Leather Gloves Price in Bulgaria - 2024

Contents:

  1. Leather Gloves Price in Bulgaria (CIF) - 2022
  2. Leather Gloves Price in Bulgaria (FOB) - 2022
  3. Leather Gloves Imports in Bulgaria
  4. Leather Gloves Exports in Bulgaria

Leather Gloves Price in Bulgaria (CIF) - 2022

In 2022, the average leather gloves import price amounted to $1.8 per pair, rising by 32% against the previous year. Over the last decade, it increased at an average annual rate of +5.1%. The pace of growth appeared the most rapid in 2014 an increase of 40% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($8.1 per pair), while the price for Pakistan ($1.1 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Leather Gloves Price in Bulgaria (FOB) - 2022

The average leather gloves export price stood at $2 per pair in 2022, increasing by 5.6% against the previous year. Over the period under review, the export price showed a noticeable increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 78%. As a result, the export price reached the peak level of $3.7 per pair. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($4.8 per pair), while the average price for exports to North Macedonia ($1 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 Romania (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Leather Gloves Imports in Bulgaria

In 2022, leather gloves imports into Bulgaria expanded notably to 1.9M pairs, surging by 15% against the year before. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, leather gloves imports surged to $3.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Leather Gloves in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Pakistan8627838391,32915.5%
Germany21114816529111.3%
Italy49.413.232.726073.9%
China33096.6204253-8.5%
Netherlands87.280.312015521.1%
Czech Republic239160177120-20.5%
France137126134120-4.3%
India99.011313688.7-3.6%
Greece70.366.162.461.1-4.6%
Others30425733065529.2%
Total2,3901,8432,2013,33211.7%

Top Suppliers of Leather Gloves to Bulgaria in 2022:

  1. Pakistan (1206.1K pairs)
  2. China (179.9K pairs)
  3. Czech Republic (75.8K pairs)
  4. France (71.9K pairs)
  5. India (71.4K pairs)
  6. Germany (56.7K pairs)
  7. Greece (41.0K pairs)
  8. Italy (32.2K pairs)
  9. Netherlands (23.5K pairs)

Leather Gloves Exports in Bulgaria

In 2022, approx. 138K pairs of gloves, mittens and mitts were exported from Bulgaria; picking up by 32% against 2021 figures. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 111%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, leather gloves exports soared to $274K in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Leather Gloves in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania71.551.983.880.94.2%
ItalyN/AN/A0.660.09900.0%
Greece29.320.223.134.15.2%
GermanyN/A3.7N/A23.4151.5%
North Macedonia11.57.214.819.719.7%
CroatiaN/A0.43.05.8280.8%
SlovakiaN/AN/AN/A5.60%
Serbia4.11.95.94.0-0.8%
Sweden24.811.519.63.6-47.4%
Others5.816.645.136.584.6%
Total14711319627423.1%

Top Export Markets for Leather Gloves from Bulgaria in 2022:

  1. Romania (48.2K pairs)
  2. Italy (26.4K pairs)
  3. Greece (20.0K pairs)
  4. North Macedonia (19.8K pairs)
  5. Germany (5.4K pairs)
  6. Slovakia (4.6K pairs)
  7. Croatia (3.6K pairs)
  8. Serbia (1.1K pairs)
  9. Sweden (0.2K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the leather gloves market in Bulgaria. 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:

  • Bulgaria

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bulgaria
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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