Hand-made Lace Market

Hand-made lace market: discover recently published information provided by an Ai-driven BI platform. Datasets include production, imports, trade, market prices, companies, consumption, exports, and market size. Here is a split by region, including Latin America, Africa, the U.S., the U.K., EU, the Middle East, China, and Russia. Market dynamics and forecast to 2030 are also provided in the dashboards.

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Hand-made Lace - World's Largest Markets

In value terms, the largest hand-made lace markets worldwide were China, France and the United States, with a combined 54% share of the global market. These countries were followed by Cambodia, Mexico, Bangladesh, Hong Kong SAR, Yemen, the United Arab Emirates and South Korea, which together accounted for a further 24%.

Among the main consuming countries, Cambodia (+3,823.7% per year) recorded the highest growth rate of market size, over the period under review, while hand-made lace market for the other global leaders experienced more modest paces of growth.

Hand-Made Lace Prices

Hand-Made Lace - Top Importers

In value terms, the largest hand-made lace importing markets worldwide were Cambodia ($3.6M), Mexico ($1.9M) and Bangladesh ($1.8M), with a combined 53% share of global imports.

Cambodia (+4,079.7% per year) saw the highest growth rate of 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.

Hand-Made Lace - Top Exporters

In value terms, China ($3.1M) remains the largest hand-made lace supplier worldwide, comprising 35% of global exports. The second position in the ranking was occupied by South Korea ($1.5M), with a 17% share of global exports. It was followed by Hong Kong SAR, with a 13% share.

In China, hand-made lace exports shrank by an average annual rate of -43.1% over the period from 2018-2020. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-21.4% per year) and Hong Kong SAR (-28.7% per year).

Hand-Made Lace - Market Forecast

The hand-made lace market is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -1.6% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.

Hand-made Lace - Product Coverage

• HS 580430 - Lace; hand-made, in the piece, in strips or motifs, (other than fabrics of headings 60.02 to 60.06)

Source: IndexBox Market Intelligence Platform