Hungary - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Gloves Price in Hungary - 2024
Contents:
- Leather Gloves Price in Hungary (CIF) - 2022
- Leather Gloves Price in Hungary (FOB) - 2024
- Leather Gloves Imports in Hungary
- Leather Gloves Exports in Hungary
Leather Gloves Price in Hungary (CIF) - 2022
In 2022, the average leather gloves import price amounted to $1.6 per pair, reducing by -4.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs at $3 per pair in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($3.7 per pair), while the price for Pakistan ($1 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Gloves Price in Hungary (FOB) - 2024
In February 2024, the average leather gloves export price amounted to $13.4 per pair, jumping by 61% against the previous month. In general, the export price posted a prominent expansion. The pace of growth appeared the most rapid in April 2023 an increase of 69% month-to-month. Over the period under review, the average export prices attained the peak figure in February 2024.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was the UK ($63.3 per pair), while the average price for exports to North Macedonia ($1.0 per pair) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Gloves Imports in Hungary
In 2022, the amount of gloves, mittens and mitts imported into Hungary rose remarkably to 6.5M pairs, with an increase of 6.7% against the year before. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +6.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -20.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of 8.2M pairs. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, leather gloves imports rose slightly to $10M in 2022. Over the period under review, imports, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2020 when imports increased by 4.6%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Leather Gloves in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 2.2 | 2.3 | 1.6 | 2.3 | 1.5% |
| Pakistan | 1.2 | 1.8 | 1.8 | 2.0 | 18.6% |
| China | 3.5 | 3.2 | 1.3 | 1.5 | -24.6% |
| Czech Republic | 1.1 | 1.0 | 1.2 | 0.9 | -6.5% |
| Sweden | 0.9 | 1.0 | 1.0 | 0.9 | 0.0% |
| Poland | 0.3 | 0.7 | 0.5 | 0.6 | 26.0% |
| Germany | 0.8 | 0.4 | 0.5 | 0.5 | -14.5% |
| Austria | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| Slovakia | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| India | 0.3 | 0.3 | 0.1 | 0.1 | -30.7% |
| Others | 1.0 | 1.2 | 1.5 | 0.8 | -7.2% |
| Total | 11.9 | 12.5 | 10.0 | 10.3 | -4.7% |
Top Suppliers of Leather Gloves to Hungary in 2022:
- Slovenia (2059.3K pairs)
- Pakistan (1940.2K pairs)
- Czech Republic (617.1K pairs)
- China (517.2K pairs)
- Poland (389.6K pairs)
- Sweden (263.4K pairs)
- Austria (178.4K pairs)
- Germany (124.7K pairs)
- Slovakia (115.5K pairs)
- India (78.9K pairs)
Leather Gloves Exports in Hungary
In 2022, after two years of decline, there was significant growth in overseas shipments of gloves, mittens and mitts, when their volume increased by 8.6% to 997K pairs. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, leather gloves exports rose modestly to $7.2M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 6.9% against the previous year. As a result, the exports attained the peak of $7.4M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Leather Gloves in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,446 | 1,196 | 1,050 | 1,869 | 8.9% |
| Sweden | 37.7 | 116 | 729 | 1,248 | 221.1% |
| United States | 63.3 | 21.4 | 1,894 | 1,194 | 166.2% |
| Romania | 500 | 524 | 677 | 525 | 1.6% |
| Netherlands | 135 | 153 | 164 | 154 | 4.5% |
| Greece | 104 | 92.4 | 88.6 | 145 | 11.7% |
| United Kingdom | 2,627 | 3,597 | 536 | 130 | -63.3% |
| France | 411 | 151 | 218 | 108 | -35.9% |
| Poland | 22.1 | 59.6 | 86.1 | 91.2 | 60.4% |
| Belgium | 93.5 | 40.2 | 53.4 | 60.1 | -13.7% |
| Slovakia | 60.3 | 24.1 | 27.3 | 57.4 | -1.6% |
| Bosnia and Herzegovina | 12.6 | 24.4 | 52.7 | 47.3 | 55.4% |
| Ukraine | 64.4 | 63.6 | 56.7 | 26.1 | -26.0% |
| Others | 1,361 | 1,349 | 1,337 | 1,532 | 4.0% |
| Total | 6,937 | 7,413 | 6,971 | 7,186 | 1.2% |
Top Export Markets for Leather Gloves from Hungary in 2022:
- Romania (338.1K pairs)
- Greece (119.8K pairs)
- Germany (101.2K pairs)
- Netherlands (60.2K pairs)
- Sweden (56.9K pairs)
- United States (34.8K pairs)
- Bosnia and Herzegovina (32.1K pairs)
- Slovakia (25.5K pairs)
- Ukraine (18.0K pairs)
- France (16.0K pairs)
- Belgium (15.4K pairs)
- Poland (15.1K pairs)
- United Kingdom (2.5K pairs)
This report provides an in-depth analysis of the leather gloves market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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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