Kuwait - Gloves, Mittens And Mitts (Excluding Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingGloves Price in Kuwait - 2021
Contents:
- Gloves Price in Kuwait (CIF) - 2022
- Gloves Price in Kuwait (FOB) - 2022
- Gloves Imports in Kuwait
- Gloves Exports in Kuwait
Gloves Price in Kuwait (CIF) - 2022
The average gloves import price stood at $1.8 per pair in 2021, reducing by -10.5% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 an increase of 40%. The import price peaked at $2 per pair in 2020, and then declined in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($45 per pair), while the price for Iran ($5.5 per pair) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Gloves Price in Kuwait (FOB) - 2022
The average gloves export price stood at $2.6 per pair in 2021, growing by 6.2% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2021: its price increased at an average annual rate of +4.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, gloves export price increased by +149.2% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 60%. The export price peaked in 2021 and is likely to continue growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($36 per pair), while the average price for exports to Oman ($2.6 per pair) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+92.6%), while the prices for the other major destinations experienced more modest paces of growth.
Gloves Imports in Kuwait
In 2022, after three years of growth, there was significant decline in purchases abroad of gloves, mittens and mitts (excluding knitted or crocheted), when their volume decreased by -7.3% to 590K pairs. The total import volume increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 636K pairs, and then reduced in the following year.
In value terms, gloves imports reduced to $1.1M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, 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 imports increased by 22%. Imports peaked at $1.2M in 2021, and then fell in the following year.
| Import of Gloves in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 179 | 132 | 434 | 55.7% | |
| China | 370 | 547 | 161 | -34.0% | |
| United States | 43.9 | 9.7 | 70.9 | 27.1% | |
| Vietnam | 27.0 | 60.7 | 59.2 | 48.1% | |
| Indonesia | 40.7 | 45.7 | 49.3 | 10.1% | |
| Iran | 3.0 | 22.4 | 21.8 | 169.6% | |
| South Korea | 14.1 | 3.4 | 15.7 | 5.5% | |
| Pakistan | 112 | 57.0 | 5.8 | -77.2% | |
| Others | 120 | 231 | 344 | 69.3% | |
| Total | 910 | 1,108 | 1,162 | 13.0% | |
Top Suppliers of Gloves to Kuwait in 2022:
- United Arab Emirates (47.1K pairs)
- China (16.1K pairs)
- Iran (4.0K pairs)
- South Korea (2.6K pairs)
- Vietnam (2.5K pairs)
- United States (1.6K pairs)
- Indonesia (1.4K pairs)
- Pakistan (0.5K pairs)
Gloves Exports in Kuwait
In 2022, shipments abroad of gloves, mittens and mitts (excluding knitted or crocheted) was finally on the rise to reach 21K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a abrupt downturn. The exports peaked at 25K pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, gloves exports rose significantly to $54K in 2022. In general, exports, however, continue to indicate a perceptible decline. The exports peaked at $60K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Gloves in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| United Arab Emirates | 0.5 | 0.6 | 18.2 | 503.3% | |
| Italy | N/A | N/A | 5.1 | 0% | |
| Qatar | 2.5 | 3.7 | 3.4 | 16.6% | |
| Oman | 31.9 | 15.3 | 0.6 | -86.3% | |
| Bahrain | 0.1 | 0.5 | 0.5 | 123.6% | |
| Malaysia | 0.4 | N/A | N/A | 0% | |
| Others | 24.2 | 36.6 | 23.5 | -1.5% | |
| Total | 59.7 | 56.8 | 51.4 | -7.2% | |
Top Export Markets for Gloves from Kuwait in 2022:
- United Arab Emirates (1.2K pairs)
- Bahrain (0.2K pairs)
- Qatar (0.2K pairs)
- Oman (0.2K pairs)
- Italy (0.1K pairs)
This report provides an in-depth analysis of the gloves market in Kuwait. 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 14192370 - Gloves, mittens and mitts (excluding knitted or crocheted)
Country coverage:
- Kuwait
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kuwait
- 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
248
This report provides an in-depth analysis of the gloves market in Kuwait.
795
This report provides an in-depth analysis of the global gloves market.
248
This report provides an in-depth analysis of the gloves market in Kuwait.
795
This report provides an in-depth analysis of the global gloves market.
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