Overview of the Global Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

The global market for braids in the piece, tassels and pompons, ornamental trimmings stood at $X in 2021, leveling off at the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, global production of braids in piece, tassels and pompons, ornamental trimmings reached the maximum level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports

In 2021, overseas shipments of braids in the piece, tassels and pompons, ornamental trimmings were finally on the rise to reach X tons after four years of decline. Overall, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the global exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings amounted to $X in 2021. Over the period under review, exports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The global exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

China prevails in trimmings structure, amounting to X tons, which was approx. X% of total exports in 2021. Turkey (X tons) held the second position in the ranking, followed by Taiwan (Chinese) (X tons) and Botswana (X tons). All these countries together held approx. X% share of total exports. Germany (X tons), India (X tons), the United States (X tons) and South Africa (X tons) took a minor share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of braids in the piece, tassels and pompons, ornamental trimmings. At the same time, South Africa (+X%), Botswana (+X%), Turkey (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. By contrast, the United States (-X%), Taiwan (Chinese) (-X%) and India (-X%) illustrated a downward trend over the same period. While the share of Turkey (+X p.p.), Botswana (+X p.p.), Germany (+X p.p.) and South Africa (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of China (-X p.p.) and India (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest braids, tassels, pompons and ornamental trimmings supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Germany ($X), with a X% share of global exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2021, the average annual growth rate of value in China totaled -X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Taiwan (Chinese) (-X% per year).

Export Prices by Country

In 2021, the average export price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the other global leaders experienced more modest paces of growth.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports

In 2021, after two years of decline, there was significant growth in purchases abroad of braids in the piece, tassels and pompons, ornamental trimmings, when their volume increased by X% to X tons. Over the period under review, imports showed a mild expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, global imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings expanded modestly to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by X%. Over the period under review, global imports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Vietnam (X tons), distantly followed by Afghanistan (X tons), Bangladesh (X tons), India (X tons) and the United States (X tons) were the key importers of braids in the piece, tassels and pompons, ornamental trimmings, together mixing up X% of total imports. Indonesia (X tons), Russia (X tons), Cambodia (X tons), Germany (X tons), France (X tons), Japan (X tons) and Iran (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to braids, tassels, pompons and ornamental trimmings imports into Vietnam stood at +X%. At the same time, Cambodia (+X%), Germany (+X%), Indonesia (+X%), Iran (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. Japan, the United States and Russia experienced a relatively flat trend pattern. By contrast, France (-X%), India (-X%) and Afghanistan (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.), Bangladesh (+X p.p.), Indonesia (+X p.p.) and Cambodia (+X p.p.) significantly strengthened its position in terms of the global imports, while Afghanistan saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported braids in the piece, tassels and pompons, ornamental trimmings worldwide, comprising X% of global imports. The second position in the ranking was taken by Afghanistan ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In Vietnam, imports of braids in the piece, tassels and pompons, ornamental trimmings increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Afghanistan (-X% per year) and the United States (+X% per year).

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, falling by -X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Germany ($X per ton), while Iran ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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