Tailor Dummies And Automata Market

The global market for tailor dummies and automata is projected to see an upward consumption trend over the next eight years, with a forecasted increase in market volume and value. While consumption declined slightly in 2022, the overall market has shown a modest increase in value. Key countries like China, the United States, and Brazil lead in consumption and production, while the United States, Japan, and France are major importers. China dominates in exports, with Italy and the Netherlands following. Import and export prices show variations across countries, with China leading in export value. The market is expected to see continued growth in the immediate future.

Market Forecast

Driven by rising demand for tailor dummies and automata worldwide, the market is expected to start an upward consumption trend over the next eight years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.2% for the period from 2022 to 2030, which is projected to bring the market volume to 87K tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +2.5% for the period from 2022 to 2030, which is projected to bring the market value to $1.6B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Tailor Dummies And Automata

In 2022, global consumption of tailor dummies and automata shrank to 80K tons, waning by -3.2% compared with the year before. Overall, consumption continues to indicate a perceptible decline. Global consumption peaked at 119K tons in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

The global tailor dummies and automata market value rose modestly to $1.3B in 2022, increasing by 3.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a pronounced curtailment. Over the period under review, the global market attained the peak level at $1.7B in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were China (17K tons), the United States (12K tons) and Brazil (2.4K tons), with a combined 40% share of global consumption. Russia, Indonesia, Japan, the UK, France, Mexico, Bangladesh, Italy and India lagged somewhat behind, together comprising a further 18%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +6.5%), while consumption for the other global leaders experienced mixed trends in the consumption figures.

In value terms, the United States ($446M) led the market, alone. The second position in the ranking was held by China ($145M). It was followed by Indonesia.

From 2012 to 2022, the average annual growth rate of value in the United States totaled +6.3%. In the other countries, the average annual rates were as follows: China (-2.0% per year) and Indonesia (-4.3% per year).

The countries with the highest levels of tailor dummies and automata per capita consumption in 2022 were the United States (36 kg per 1000 persons), the UK (23 kg per 1000 persons) and Italy (21 kg per 1000 persons).

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +5.4%), while consumption for the other global leaders experienced mixed trends in the per capita consumption figures.

Production

World Production of Tailor Dummies And Automata

Global tailor dummies and automata production declined slightly to 78K tons in 2022, which is down by -4.4% against 2021 figures. In general, production saw a pronounced descent. The most prominent rate of growth was recorded in 2017 when the production volume increased by 20% against the previous year. Global production peaked at 128K tons in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In value terms, tailor dummies and automata production declined to $1.1B in 2022 estimated in export price. Over the period under review, production showed a noticeable downturn. The growth pace was the most rapid in 2015 when the production volume increased by 14% against the previous year. As a result, production reached the peak level of $1.7B. From 2016 to 2022, global production growth remained at a lower figure.

Production By Country

China (44K tons) constituted the country with the largest volume of tailor dummies and automata production, accounting for 57% of total volume. Moreover, tailor dummies and automata production in China exceeded the figures recorded by the second-largest producer, the United States (5K tons), ninefold. The third position in this ranking was held by Brazil (2.5K tons), with a 3.2% share.

In China, tailor dummies and automata production plunged by an average annual rate of -3.3% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: the United States (+2.3% per year) and Brazil (-7.5% per year).

Imports

World Imports of Tailor Dummies And Automata

In 2022, supplies from abroad of tailor dummies and automata increased by 12% to 42K tons, rising for the second consecutive year after three years of decline. In general, imports, however, recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 25%. Over the period under review, global imports hit record highs at 56K tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, tailor dummies and automata imports expanded remarkably to $520M in 2022. Overall, imports, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Global imports peaked at $727M in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports By Country

In 2022, the United States (7.4K tons), distantly followed by the Netherlands (1.8K tons), Japan (1.7K tons), France (1.6K tons), Germany (1.4K tons), India (1.3K tons), Thailand (1.3K tons), Italy (1.1K tons), the UK (1.1K tons), Spain (1K tons), South Africa (0.9K tons), Nigeria (0.9K tons) and Chile (0.8K tons) represented the largest importers of tailor dummies and automata, together creating 53% of total imports. The Netherlands (1.8K tons), Japan (1.7K tons), France (1.6K tons), Germany (1.4K tons), India (1.3K tons), Thailand (1.3K tons), Italy (1.1K tons), the UK (1.1K tons), Spain (1K tons), South Africa (0.9K tons), Nigeria (0.9K tons) and Chile (0.8K tons) held a minor share of total imports.

Imports into the United States increased at an average annual rate of +3.3% from 2012 to 2022. At the same time, Thailand (+13.8%), Chile (+9.5%) and India (+5.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in the world, with a CAGR of +13.8% from 2012-2022. The Netherlands experienced a relatively flat trend pattern. By contrast, South Africa (-1.4%), France (-3.4%), Italy (-4.2%), Japan (-4.9%), Nigeria (-5.3%), Spain (-5.8%), Germany (-6.5%) and the UK (-6.5%) illustrated a downward trend over the same period. The United States (+7.7 p.p.), Thailand (+2.4 p.p.) and India (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Germany saw its share reduced by -1.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest tailor dummies and automata importing markets worldwide were the United States ($86M), Japan ($47M) and France ($31M), with a combined 31% share of global imports. The UK, Italy, Germany, the Netherlands, Spain, India, Thailand, Chile, South Africa and Nigeria lagged somewhat behind, together comprising a further 23%.

India, with a CAGR of +2.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average tailor dummies and automata import price stood at $12,455 per ton in 2022, shrinking by -2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices reached the maximum at $13,057 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($28,026 per ton), while Nigeria ($1,543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (+4.2%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Tailor Dummies And Automata

In 2022, overseas shipments of tailor dummies and automata increased by 9.8% to 40K tons, rising for the second year in a row after three years of decline. Over the period under review, exports, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2021 when exports increased by 17%. Over the period under review, the global exports attained the peak figure at 62K tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tailor dummies and automata exports soared to $651M in 2022. In general, exports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The global exports peaked at $772M in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports By Country

China prevails in exports structure, reaching 27K tons, which was approx. 69% of total exports in 2022. Turkey (1,718 tons), Mexico (989 tons), the Netherlands (878 tons), the United Arab Emirates (785 tons), Italy (760 tons) and Germany (701 tons) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -3.9% from 2012 to 2022. At the same time, the United Arab Emirates (+13.7%) and Turkey (+2.3%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.7% from 2012-2022. By contrast, Mexico (-4.8%), Germany (-7.1%), the Netherlands (-9.1%) and Italy (-9.6%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, Turkey and the United Arab Emirates increased by +2.6, +2.1 and +1.6 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($395M) remains the largest tailor dummies and automata supplier worldwide, comprising 61% of global exports. The second position in the ranking was held by Italy ($31M), with a 4.7% share of global exports. It was followed by the Netherlands, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to +1.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (-6.9% per year) and the Netherlands (-6.5% per year).

Export Prices By Country

The average tailor dummies and automata export price stood at $16,298 per ton in 2022, picking up by 9.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2021 when the average export price increased by 17% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Italy ($40,353 per ton), while the United Arab Emirates ($5,529 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform