Woven gloves, mittens and mitts market in Spain

Earlier Report Observations

The market volume for woven gloves and mittens in Spain contracted significantly over the 2018-2024 period, falling from 5.8 million pairs to 2.6 million pairs. After a steep drop of over 30% in 2019, volume continued to decline through 2020 before a partial recovery in 2021. However, this rebound was short-lived, as consumption fell again in 2022 and 2023, stabilizing at a lower level in 2024.

In value terms, the market exhibited a different pattern, with a notable peak of over 15 million US dollars in 2022 amidst general volatility. This surge coincided with a period of higher import values, while market volume continued to trend downward, suggesting significant shifts in product mix or pricing during these years.

Production woven gloves and mittens in Spain

In value, 2017-2020, K $ US

Spain's production of woven gloves, mittens, and mitts has declined for the third year in a row. In 2020, the output was valued at 482.2 thousand US dollars, which represents a 27.3% decrease compared to the previous year. Looking at the period from 2017 to 2020, production fell by 40.5%, translating to an annualized decline rate of 15.9%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, 2u

Spain's production volume of woven gloves, mittens, and mitts has dropped for the third consecutive year. In 2020, the country produced 44 123 units, marking a significant decline of 16.3% from 2019. Over the 2017-2020 period, production decreased by 21.9%, with a compound annual growth rate (CAGR) of -7.9%.

Annual dynamics of production in Spain in kind, 2017-2020, 2u

Exports woven gloves and mittens from Spain

Exports in kind, K 2u

Spain's export volume of woven gloves, mittens, and mitts has fallen for the second year in a row. In 2020, exports totaled 1 585 thousand units, reflecting a 30.4% drop compared to the previous year. From 2017 to 2020, exports decreased by 19%, with a CAGR of -6.8%. The peak was in 2018, with 2 536 thousand units, which also saw the largest increase of 29.6%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, K 2u

Between 2017 and 2020, France, Italy, and Portugal were the top three markets, collectively accounting for 53.6% of Spain's total exports of woven gloves, mittens, and mitts in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, K $ US

Spain's exports of woven gloves, mittens, and mitts have declined for the second consecutive year. In 2020, the export value was 5 612 thousand US dollars, down 19.8% from the year before. From 2017 to 2020, exports fell by 3.8%, equating to an annualized decrease of 1.3%. The highest value was recorded in 2018 at 8 959 thousand US dollars, which also experienced the largest increase of 53.5%. In contrast, 2019 saw the largest decline of 21.9%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

From 2017 to 2020, France, Italy, and Germany were the leading markets for Spain's exports in value terms, with shares of 29.1%, 18.9%, and 8.0%, respectively. Together, they made up 56.0% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports woven gloves and mittens to Spain

Imports in kind, K 2u

Spain's imports of woven gloves, mittens, and mitts have decreased for the second year in a row. In 2020, import volume reached 4 536 thousand units, a 25.1% drop from 2019. Over the 2017-2020 period, imports fell by 30.9%, with an annualized decline rate of 11.6%. The peak was in 2018 at 8 263 thousand units, which also saw the largest increase of 25.8%. The largest decline occurred in 2019, with a 26.7% decrease.

Annual dynamics of product's imports to Spain in kind, 2017-2020, K 2u

During 2017-2020, China, India, and Pakistan were the primary sources for Spain's imports in volume terms, with shares of 63.2%, 10.2%, and 6.0%, respectively. Combined, they represented 79.3% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, K $ US

Spain's imports of woven gloves, mittens, and mitts have declined for the second consecutive year. In 2020, the import value was 16 211 thousand US dollars, showing a 6.7% decrease from the previous year. From 2017 to 2020, imports dropped by 16.6%, with a CAGR of -5.9%. The highest value was in 2018 at 23 367 thousand US dollars, which also experienced the largest increase of 20.2%. The largest decline was in 2019, with a 25.7% fall.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

Throughout 2017-2020, China, India, and Germany were the key markets for Spain's imports in value terms, accounting for 40.1%, 8.7%, and 8.5% of imports, respectively. Together, they comprised 57.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020