Asia: Hairpin Market 2020

Hairpin Market Size in Asia

The revenue of the hairpin market in Asia amounted to $X in 2017, reducing by -X% against the previous year. The market value increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. In that year, the hairpin market reached their peak level of $X. From 2013 to 2017, growth of the hairpin market stood at a somewhat lower level.

Hairpin Production in Asia

In 2017, hairpin production in Asia totaled X units, approximately equating the previous year. The hairpin production continues to indicate a measured slump. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the hairpin production attained their peak volume of X units. From 2012 to 2017, growth of the hairpin production stood at a somewhat lower level.

Hairpin Exports in Asia

In 2017, hairpin exports in Asia totaled X units, jumping by X% against the previous year. The total exports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hairpin exports decreased by -X% against 2014 indices. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. Over the period under review, the hairpin exports attained its peak figure volume of X units in 2014; however, from 2015 to 2017, it failed to regain its momentum.

In value terms, hairpin exports stood at $X in 2017. The total exports indicated a moderate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hairpin exports decreased by -X% against 2013 indices. The level of exports peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Hairpin Exports by Country in Asia

China prevails in hairpin exports structure, amounting to X units, which was approx. X% of total exports in 2017. South Korea (X units), China, Hong Kong SAR (X units), India (X units) and Thailand (X units) held the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to hairpin exports from China stood at +X%. At the same time, India (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. South Korea experienced a relatively flat trend pattern. By contrast, Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of China, Hong Kong SAR (X%) increased significantly in terms of the global exports from 2007-2017, the share of India (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest hairpin supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Korea (-X% per year) and China, Hong Kong SAR (-X% per year).

Hairpin Export Prices by Country in Asia

In 2017, the hairpin export price in Asia amounted to $X per thousand units, reducing by -X% against the previous year. The hairpin export price continues to indicate a temperate drop. The most prominent rate of growth was recorded in 2012, an increase of X% against the previous year. Over the period under review, the export prices for hairpins, curling pins, curling grips and hair-curlers reached its peak figure level of $X per thousand units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was South Korea ($X per unit), while India ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Hairpin Imports in Asia

The imports amounted to X units in 2017, increasing by X% against the previous year. The total imports indicated a strong expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hairpin imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. The volume of imports peaked in 2017, and are expected to retain its growth in the near future.

In value terms, hairpin imports amounted to $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hairpin imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the near future.

Hairpin Imports by Country in Asia

Saudi Arabia (X units) and India (X units) represented roughly X% of total imports of hairpins, curling pins, curling grips and hair-curlers in 2017. China (X units) ranks second in terms of the global imports with a X% share, followed by Thailand (X%), Japan (X%) and China, Hong Kong SAR (X%). South Korea (X units), Bangladesh (X units), Indonesia (X units), Kazakhstan (X units), Sri Lanka (X units) and Pakistan (X units) took the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Kazakhstan (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Saudi Arabia ($X) and India ($X) appeared to be the countries with the highest levels of imports in 2017, together accounting for X% of total imports. South Korea, Pakistan, China, Thailand, China, Hong Kong SAR, Kazakhstan, Indonesia, Bangladesh and Sri Lanka lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Kazakhstan (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Hairpin Import Prices by Country in Asia

In 2017, the hairpin import price in Asia amounted to $X per thousand units, lowering by -X% against the previous year. The hairpin import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per unit), while Sri Lanka ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform