Asia: 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 Asia

The Asian market for braids in the piece, tassels and pompons, ornamental trimmings stood at $X in 2021, leveling off at the previous year. 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 throughout the analyzed period. The level of consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings totaled $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production of growth remained at a somewhat lower figure.

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

Exports in Asia

In 2021, shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, showed a slight descent. The most prominent rate of growth was recorded in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings stood at $X in 2021. Over the period under review, exports, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

China represented the major exporting country with an export of around X tons, which recorded X% of total exports. Turkey (X tons) ranks second in terms of the total exports with an X% share, followed by Taiwan (Chinese) (X%) and India (X%). Japan (X tons) took a relatively small share of total exports.

China experienced a relatively flat trend pattern with regard to volume of exports of braids in the piece, tassels and pompons, ornamental trimmings. At the same time, Turkey (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. By contrast, Taiwan (Chinese) (-X%) and India (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey and China increased by +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest braids, tassels, pompons and ornamental trimmings supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

In China, exports of braids in the piece, tassels and pompons, ornamental trimmings contracted by an average annual rate of -X% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Taiwan (Chinese) (-X% per year) and Turkey (+X% per year).

Export Prices by Country

The al trimmings in Asia stood at $X per ton in 2021, reducing by -X% against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Asia

In 2021, overseas purchases of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume 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 throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings contracted to $X in 2021. Total imports indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam was the key importer of braids in the piece, tassels and pompons, ornamental trimmings in Asia, with the volume of imports resulting at X tons, which was near X% of total imports in 2021. Afghanistan (X tons) ranks second in terms of the total imports with a X% share, followed by Bangladesh (X%), India (X%) and Indonesia (X%). The following importers - Cambodia (X tons), Japan (X tons), Iran (X tons), Turkey (X tons), Hong Kong SAR (X tons), Uzbekistan (X tons) and the United Arab Emirates (X tons) - together made up X% of total imports.

From 2012 to 2021, average annual rates of growth with regard to braids, tassels, pompons and ornamental trimmings imports into Vietnam stood at +X%. At the same time, Uzbekistan (+X%), Cambodia (+X%), Indonesia (+X%), Iran (+X%), Bangladesh (+X%) and Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in Asia, with a CAGR of +X% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, India (-X%), Afghanistan (-X%), Turkey (-X%) and the United Arab Emirates (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Vietnam, Cambodia, Indonesia and Bangladesh increased by +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported braids in the piece, tassels and pompons, ornamental trimmings in Asia, comprising X% of total imports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Vietnam, imports of braids in the piece, tassels and pompons, ornamental trimmings increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Afghanistan (-X% per year) and India (+X% per year).

Import Prices by Country

The al trimmings in Asia stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Afghanistan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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