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Report Update: Oct 1, 2023

Belarus - Braids in the Piece, Tassels and Pompons, Ornamental Trimmings - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: 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 Belarus

The Belarusian market for braids in the piece, tassels and pompons, ornamental trimmings fell significantly to $X in 2021, with a decrease of -X% against the previous year. Overall, consumption saw a abrupt curtailment. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings shrank sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

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

Exports from Belarus

For the third consecutive year, Belarus recorded growth in overseas shipments of braids in the piece, tassels and pompons, ornamental trimmings, which increased by X% to X tons in 2021. In general, exports showed a resilient expansion. The growth pace was the most rapid in 2013 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 peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings stood at $X in 2021. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Belarus, accounting for a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Russia amounted to +X%.

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

From 2012 to 2021, the average annual growth rate of value to Russia stood at +X%.

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, with a decrease of -X% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2021: its price 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, export price for braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Ukraine totaled $X per ton.

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

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

Imports into Belarus

In 2021, after five years of growth, there was significant decline in overseas purchases of braids in the piece, tassels and pompons, ornamental trimmings, when their volume decreased by -X% to X tons. Over the period under review, imports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2020, and then declined dramatically in the following year.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings fell rapidly to $X in 2021. In general, imports, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings reached the peak figure at $X in 2020, and then dropped notably in the following year.

Imports by Country

China (X tons), Turkey (X tons) and Russia (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Belarus, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), China ($X) and Turkey ($X) were the largest braids, tassels, pompons and ornamental trimmings suppliers to Belarus.

In terms of the main suppliers, China, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, which is down by -X% against the previous year. Over the period under review, the import price saw a abrupt setback. The growth pace was the most rapid in 2015 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for braids in the piece, tassels and pompons, ornamental trimmings in the world?

China remains the largest braids, tassels, pompons and ornamental trimmings consuming country worldwide, accounting for 17% of total volume. Moreover, consumption of braids in the piece, tassels and pompons, ornamental trimmings in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of braids in the piece, tassels and pompons, ornamental trimmings in the world?

The country with the largest volume of production of braids in the piece, tassels and pompons, ornamental trimmings was China, comprising approx. 28% of total volume. Moreover, production of braids in the piece, tassels and pompons, ornamental trimmings in China exceeded the figures recorded by the second-largest producer, India, fourfold. The United States ranked third in terms of total production with a 4.8% share.

What are the leading suppliers of braids in the piece, tassels and pompons, ornamental trimmings to Belarus?

In value terms, the largest braids, tassels, pompons and ornamental trimmings suppliers to Belarus were Russia, China and Turkey.

What are the leading importers of braids in the piece, tassels and pompons, ornamental trimmings from Belarus?

In value terms, Russia remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Belarus, comprising 304% of total exports. The second position in the ranking was held by Ukraine, with a 7.2% share of total exports.

What is the average export price for braids in the piece, tassels and pompons, ornamental trimmings in Belarus?

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $15,234 per ton in 2021, waning by -2% against the previous year.

What is the average import price for braids in the piece, tassels and pompons, ornamental trimmings in Belarus?

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $9,185 per ton in 2021, which is down by -10.1% against the previous year.

This report provides an in-depth analysis of the market for braids, tassels, pompons and ornamental trimmings in Belarus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 13961770 - Braids in the piece, tassels and pompons, ornamental trimmings (excluding knitted or crocheted)

Country coverage:

• Belarus

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Belarus

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance