Which Country Exports the Most Plaits and Similar Plaiting Material Products in the World?

Products of Wood, Cork, Straw And Plaiting Materials Select May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the amount of plaiting material exported worldwide stood at 183K tonnes, lowering by -5.6% against the previous year level. Overall, plaiting material exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2008, when export increased by 10% year-to-year. In that year, global plaiting material exports attained its maximum volume of 342K tonnes. From 2009 to 2016, growth of global plaiting material exports stood at a somewhat lower level.

In value terms, plaiting material exports amounted to $528M in 2016. Overall, plaiting material exports continue to indicate a mild contraction. In that year, global plaiting material exports reached its maximum level of $812M. From 2009 to 2016, growth of global plaiting material exports failed to regain its strength.

Top Plaiting Material Exporting Countries in the World

1. China (395.8 million USD)

2. Germany (13.3 million USD)

3. United Arab Emirates (12.4 million USD)

4. Togo (12.2 million USD)

5. Thailand (5.6 million USD)

6. Spain (5.2 million USD)

Plaiting Material Exports By Country

China (142K tonnes) prevails in plaiting material exports structure, finishing at 142K tonnes, which was approx. 77% of total exports in 2016. Togo (6.4K tonnes), United Arab Emirates (4.1K tonnes), Spain (3.3K tonnes), Germany (3.1K tonnes), and Thailand (2.8K tonnes) followed a long way behind this figure.

From 2007 to 2016, average annual rates of growth with regard to plaiting material exports from China stood at -6.8%. At the same time, Togo (+139.9%), United Arab Emirates (+14.8%), and Spain (+8.2%) displayed positive paces of growth. Moreover, Togo emerged as the fastest growing importer/exporter in the world, with a CAGR of +139.9% from 2007-2016. Germany experienced a relatively flat trend pattern. By contrast, Thailand (-3.9%) illustrated a downward trend over the same period. China (68%) significantly strengthened its position in terms of the global exports, while United Arab Emirates, and Togo saw its share reduced by -1.6%, and -3.5% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($396M) remains the largest plaiting material supplier in the world, making up 75% of global exports. The second position in the ranking was occupied by Germany ($13M), with the share of 3% of global exports. It was followed by United Arab Emirates, with the share of 2%.

From 2007 to 2016, the average annual growth rate of value of plaiting material exports in China shrank by -1.7%. The remaining exporting countries recorded the following average annual rates: Germany (+0.9% per year) and United Arab Emirates (+29.1% per year).

Plaiting Material Export Prices By Country

In 2016, the average export price for plaiting material amounted to $2,884 per tonne, dropping by -3.3% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +4.3%.The most prominent rate of growth was recorded in 2008, when it surged by 20% from the previous year level. Over the period under review, average plaiting material export price attained its maximum level of $3,102 per tonne in 2014; however, from 2015 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Germany ($4,333 per tonne), while Spain ($1,563 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of plaiting material export prices was attained by Togo (+14.7% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global plaiting material market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • plaiting material market share
  • plaiting material prices
  • plaiting material industry
  • plaiting material sales
  • plaiting material import
  • plaiting material export
  • plaiting material market forecast
  • plaiting material price forecast
  • key plaiting material producers

All data provided in this article covers the following product: HS Code 4601 - Plaits and similar products of plaiting materials, assembled into strips or not; plaiting materials, plaits and the like bound together in parallel strands or woven in sheet form, finished articles or not.

Source: World: Plaits And Similar Products Of Plaiting Materials - Market Report. Analysis and Forecast to 2025