Plaits and Basketwork Market

Plaits and basketwork market: get newly released facts and figures empowered by an Ai-driven market intelligence tool. Facts and figures contain production, market size, consumption, imports, market prices, companies, trade, and exports. There is a breakdown by country, including Russia, Latin America, China, the Middle East, the U.K., Africa, the U.S., and EU. Market trends and forecast to 2030 are also provided in the dashboards.

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Plaits and Basketwork - World's Largest Markets

In value terms, Mexico led the market, alone. The second position in the ranking was occupied by China.

From 2018 to 2020, the average annual rate of growth in terms of value in Mexico totaled +1.3%.

Plaits and Basketwork Prices

Plaits and Basketwork - Top Importers

In value terms, the United States ($597M) constitutes the largest market for imported plaits, basketwork, wickerwork and similar products of plaiting materials worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Japan ($186M), with a 9.3% share of global imports. It was followed by Germany, with a 7.3% share.

From 2018 to 2020, the average annual growth rate of value in the United States totaled -3.4%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-8.3% per year) and Germany (+8.9% per year).

Plaits and Basketwork - Top Exporters

In value terms, China ($1.7B) remains the largest plaits and basketwork supplier worldwide, comprising 59% of global exports. The second position in the ranking was occupied by Vietnam ($302M), with a 11% share of global exports. It was followed by Indonesia, with a 3.8% share.

From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +22.2%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+7.3% per year) and Indonesia (+4.7% per year).

Plaits and Basketwork - Market Forecast

Driven by increasing demand for plaits and basketwork worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Plaits and Basketwork - Top Companies

Shenzhen Speedpower Leather Co. Ltd., Tapestry, Inc., HLOBA CLOTHING (PTY) LTD, HERMES SELLIER, MIZUNO CORPORATION, MIZUNO CORPORATION, DAIKEN CORPORATION, The Intertech Group Inc, Acushnet Holdings Corp., Acushnet Company, AM Retail Group, Inc., The Coleman Company Inc, Playpower, Inc., H.F. Holdings, Inc., Callaway Golf Company, Icon Health & Fitness, Inc., GUCCI LOGISTICA SPA, Landscape Structures Inc., SOC DES ATELIERS LOUIS VUITTON, Simone Acc. Collection, Ltd.

Plaits and Basketwork - Product Coverage

• HS 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
• HS 4602 - Basketwork, wickerwork and other articles, made directly to shape from plaiting materials or made up from goods of heading no. 4601; articles of loofah

Source: IndexBox Market Intelligence Platform