Report Update: May 1, 2024

Ukraine - Braces, Suspenders And Garters - Market Analysis, Forecast, Size, Trends And Insights

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Braces and Garters Price in Ukraine - 2023

Braces and Garters Price in Ukraine (CIF) - 2022

In 2022, the average braces and garters import price amounted to $3.5 per unit, rising by 9.4% against the previous year. Over the period under review, the import price, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2015 an increase of 11%. As a result, import price attained the peak level of $5 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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 Poland ($6.4 per unit), while the price for Pakistan ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Albania (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Braces and Garters Price in Ukraine (FOB) - 2022

The average braces and garters export price stood at $3.8 per unit in 2022, with an increase of 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The pace of growth appeared the most rapid in 2016 an increase of 31% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Azerbaijan ($16 per unit), while the average price for exports to Slovakia ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Braces and Garters Imports in Ukraine

In 2022, braces and garters imports into Ukraine fell to 1.1M units, dropping by -9.8% on the previous year's figure. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Imports peaked at 1.5M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, braces and garters imports reduced slightly to $3.8M in 2022. In general, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 22%. Over the period under review, imports hit record highs at $4.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Braces and Garters in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	858	746	1,191	1,372	16.9%
Latvia	307	238	482	715	32.6%
China	474	349	411	474	0.0%
Italy	451	430	496	362	-7.1%
Turkey	388	144	224	262	-12.3%
Germany	324	197	147	251	-8.2%
Albania	N/A	N/A	N/A	122	0%
Belarus	716	571	542	68.1	-54.4%
Pakistan	9.8	2.2	5.1	26.0	38.4%
Hungary	979	421	111	N/A	-66.3%
Others	274	95.9	276	181	-12.9%
Total	4,782	3,194	3,885	3,833	-7.1%

Top Suppliers of Braces and Garters to Ukraine in 2022:

China (314.4K units)
Poland (214.9K units)
Italy (138.9K units)
Latvia (138.6K units)
Turkey (128.0K units)
Germany (56.5K units)
Pakistan (25.4K units)
Belarus (21.3K units)
Albania (20.5K units)

Braces and Garters Exports in Ukraine

In 2022, braces and garters exports from Ukraine was estimated at 311K units, leveling off at the previous year's figure. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, braces and garters exports totaled $1.2M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 35% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Braces and Garters in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	433	367	486	436	0.2%
Germany	110	159	147	277	36.0%
United States	12.6	30.3	68.3	95.3	96.3%
Slovakia	104	73.0	112	89.4	-4.9%
Poland	6.5	8.4	11.2	32.0	70.1%
Kazakhstan	15.3	23.8	42.0	25.9	19.2%
Others	95.5	120	188	232	34.4%
Total	777	782	1,054	1,188	15.2%

Top Export Markets for Braces and Garters from Ukraine in 2022:

Germany (111.9K units)
Italy (97.4K units)
Slovakia (54.8K units)
United States (12.6K units)
Poland (7.7K units)
Kazakhstan (6.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the braces and garters market in Ukraine. 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 14142570 - Braces, suspenders, garters and similar articles and parts thereof

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023