Argentina: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

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

In 2021, after four years of growth, there was significant decline in the Argentinian market for braids in the piece, tassels and pompons, ornamental trimmings, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2020, and then shrank in the following year.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings declined to $X in 2021 estimated in export price. Overall, the total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. Production of peaked at $X in 2020, and then contracted in the following year.

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

Exports from Argentina

For the seventh consecutive year, Argentina recorded decline in shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings, which decreased by -X% to X kg in 2021. In general, exports showed a sharp setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings shrank to $X in 2021. Overall, exports recorded a precipitous decline. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Paraguay (X kg) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Argentina, with a X% share of total exports. It was followed by France (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay amounted to -X%.

In value terms, Paraguay ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Argentina, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Paraguay totaled -X%.

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, growing by X% against the previous year. Overall, the export price posted a noticeable expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2021, the country with the highest price was Paraguay ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+X%).

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

Imports into Argentina

In 2021, supplies from abroad of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X tons, falling for the third year in a row after three years of growth. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by X%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings dropped dramatically to $X in 2021. In general, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Argentina, accounting for a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from China exceeded the figures recorded by the second-largest supplier, Brazil (X tons), threefold. Germany (X kg) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (-X% per year) and Germany (-X% per year).

In value terms, Brazil ($X), China ($X) and Germany ($X) were the largest braids, tassels, pompons and ornamental trimmings suppliers to Argentina, together accounting for X% of total imports. Sweden lagged somewhat behind, accounting for a further X terms of the main suppliers, Sweden, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, picking up by X% against the previous year. Overall, the import price, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :