Latvia - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Gloves Price in Latvia - 2024
Contents:
- Leather Gloves Price in Latvia (CIF) - 2022
- Leather Gloves Price in Latvia (FOB) - 2022
- Leather Gloves Imports in Latvia
- Leather Gloves Exports in Latvia
Leather Gloves Price in Latvia (CIF) - 2022
The average leather gloves import price stood at $2.1 per pair in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, saw a perceptible descent. The import price peaked at $3.6 per pair in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Poland ($4.4 per pair), while the price for China ($0.7 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Leather Gloves Price in Latvia (FOB) - 2022
The average leather gloves export price stood at $6.1 per pair in 2022, growing by 35% against the previous year. In general, the export price, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 54%. The export price peaked at $7.6 per pair in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($41 per pair), while the average price for exports to Spain ($2.5 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 Slovakia (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.
Leather Gloves Imports in Latvia
In 2022, after three years of growth, there was significant decline in supplies from abroad of gloves, mittens and mitts, when their volume decreased by -12.5% to 2.5M pairs. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year. As a result, imports reached the peak of 2.8M pairs, and then fell in the following year.
In value terms, leather gloves imports rose rapidly to $5.2M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 7.2%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Leather Gloves in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 1,471 | 1,486 | 1,791 | 1,467 | -0.1% |
Lithuania | 373 | 444 | 312 | 950 | 36.6% |
Pakistan | 443 | 325 | 643 | 643 | 13.2% |
Finland | 381 | 405 | 520 | 493 | 9.0% |
Poland | 892 | 543 | 486 | 249 | -34.6% |
Sweden | 165 | 133 | 126 | 209 | 8.2% |
Czech Republic | 35.8 | 30.2 | 42.5 | 152 | 61.9% |
Netherlands | 110 | 169 | 130 | 137 | 7.6% |
Others | 539 | 1,052 | 867 | 884 | 17.9% |
Total | 4,409 | 4,587 | 4,919 | 5,184 | 5.5% |
Top Suppliers of Leather Gloves to Latvia in 2022:
- Estonia (864.7K pairs)
- Pakistan (499.2K pairs)
- Lithuania (473.7K pairs)
- Finland (212.3K pairs)
- Sweden (73.3K pairs)
- Czech Republic (71.4K pairs)
- Poland (56.7K pairs)
- Netherlands (54.1K pairs)
Leather Gloves Exports in Latvia
In 2022, the amount of gloves, mittens and mitts exported from Latvia reduced rapidly to 116K pairs, dropping by -40.5% against 2021 figures. Overall, exports saw a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 39% against the previous year. As a result, the exports attained the peak of 195K pairs, and then dropped notably in the following year.
In value terms, leather gloves exports contracted rapidly to $709K in 2022. In general, exports saw a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 6.9% against the previous year. As a result, the exports reached the peak of $884K, and then contracted markedly in the following year.
Export of Leather Gloves in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 64.1 | 368 | 308 | 370 | 79.4% |
Estonia | 308 | 199 | 234 | 168 | -18.3% |
Lithuania | 287 | 238 | 262 | 141 | -21.1% |
Slovakia | 110 | N/A | N/A | 0.1 | -90.3% |
Others | 35.5 | 21.7 | 79.1 | 29.7 | -5.8% |
Total | 804 | 827 | 884 | 709 | -4.1% |
Top Export Markets for Leather Gloves from Latvia in 2022:
- Lithuania (51.0K pairs)
- Estonia (31.6K pairs)
- Russia (30.6K pairs)
This report provides an in-depth analysis of the leather gloves market in Latvia. 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:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- 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
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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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