Nepal - Gloves, Mittens and Mitts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNepal: Gloves Market 2024
Gloves Market Size in Nepal
The Nepalese gloves market dropped slightly to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a relatively flat trend pattern. Gloves consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.
Gloves Production in Nepal
In value terms, gloves production declined to $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Gloves production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.
Gloves Exports
Exports from Nepal
In 2022, overseas shipments of gloves, mittens and mitts decreased by X% to X pairs for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, the exports attained the peak of X pairs. From 2020 to 2022, the growth of the exports failed to regain momentum.
In value terms, gloves exports reduced markedly to $X in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X pairs) was the main destination for gloves exports from Nepal, accounting for a X% share of total exports. Moreover, gloves exports to the United States exceeded the volume sent to the second major destination, Canada (X pairs), fourfold.
From 2018 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest.
In value terms, the United States ($X) emerged as the key foreign market for gloves, mittens and mitts exports from Nepal, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.
From 2018 to 2022, the average annual growth rate of value to the United States was relatively modest.
Export Prices by Country
In 2022, the average gloves export price amounted to $X per pair, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per pair in 2021, and then fell in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per pair), while the average price for exports to Canada amounted to $X per pair.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.
Gloves Imports
Imports into Nepal
In 2022, supplies from abroad of gloves, mittens and mitts increased by X% to X pairs, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, gloves imports soared to $X in 2022. In general, imports showed a significant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
Imports by Country
In 2022, India (X pairs) constituted the largest gloves supplier to Nepal, accounting for a X% share of total imports. Moreover, gloves imports from India exceeded the figures recorded by the second-largest supplier, China (X pairs), threefold.
From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%.
In value terms, the largest gloves suppliers to Nepal were China ($X) and India ($X).
China, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review.
Import Prices by Country
The average gloves import price stood at $X per pair in 2022, jumping by X% against the previous year. Overall, the import price, however, showed a pronounced contraction. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for India totaled $X per pair.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the gloves market in Nepal. 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:
- Nepal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nepal
- 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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