Morocco - Gloves, Mittens And Mitts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLeather Gloves Price in Morocco - 2023
Contents:
- Leather Gloves Price in Morocco (FOB) - 2022
- Leather Gloves Price in Morocco (CIF) - 2023
- Leather Gloves Exports in Morocco
- Leather Gloves Imports in Morocco
Leather Gloves Price in Morocco (FOB) - 2022
In 2022, the average leather gloves export price amounted to $6.5 per pair, falling by -14.3% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. The export price peaked at $7.5 per pair in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($6.6 per pair), while the average price for exports to Tunisia stood at $0.9 per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.6%).
Leather Gloves Price in Morocco (CIF) - 2023
The average leather gloves import price stood at $16.9 per pair in June 2023, reducing by -11.5% against the previous month. Overall, the import price, however, recorded modest growth. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 154% against the previous month. As a result, import price attained the peak level of $32.6 per pair. From March 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was France ($6.3 per pair), while the price for India ($1.5 per pair) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Leather Gloves Exports in Morocco
Leather gloves exports from Morocco contracted rapidly to 851K pairs in 2022, with a decrease of -16.5% compared with 2021 figures. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year. As a result, the exports reached the peak of 1M pairs, and then declined markedly in the following year.
In value terms, leather gloves exports contracted rapidly to $5.5M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 48% against the previous year. As a result, the exports attained the peak of $7.7M, and then contracted notably in the following year.
Export of Leather Gloves in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 5.3 | 5.0 | 7.7 | 5.4 | 0.6% |
Tunisia | N/A | N/A | N/A | N/A | 0% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 5.4 | 5.2 | 7.7 | 5.5 | 0.6% |
Top Export Markets for Leather Gloves from Morocco in 2022:
- France (818.7K pairs)
- Tunisia (21.3K pairs)
Leather Gloves Imports in Morocco
In 2022, approx. 705K pairs of gloves, mittens and mitts were imported into Morocco; reducing by -11.7% against 2021. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 73% against the previous year. Over the period under review, imports reached the peak figure at 973K pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, leather gloves imports fell remarkably to $1.8M in 2022. In general, imports saw a slight descent. The pace of growth appeared the most rapid in 2021 with an increase of 91%. As a result, imports reached the peak of $2.2M, and then shrank markedly in the following year.
Import of Leather Gloves in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 239 | 251 | 284 | 518 | 29.4% |
Spain | 348 | 221 | 336 | 471 | 10.6% |
Pakistan | 440 | 191 | 417 | 332 | -9.0% |
India | 484 | 201 | 810 | 263 | -18.4% |
China | 267 | 259 | 284 | 137 | -19.9% |
Others | 52.3 | 29.0 | 67.0 | 54.8 | 1.6% |
Total | 1,831 | 1,151 | 2,198 | 1,776 | -1.0% |
Top Suppliers of Leather Gloves to Morocco in 2022:
- Spain (210.6K pairs)
- Pakistan (205.3K pairs)
- India (131.3K pairs)
- France (91.0K pairs)
- China (63.3K pairs)
This report provides an in-depth analysis of the leather gloves market in Morocco. 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:
- Morocco
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Morocco
- 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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