EU: Braces And Garters Market 2024

Braces And Garters Market Size in the EU

In 2022, the EU braces and garters market increased by X% to $X, rising for the fifth consecutive year after three years of decline. Overall, consumption posted a buoyant increase. The level of consumption peaked in 2022 and is expected to retain growth in the near future.

Braces And Garters Production in the EU

In value terms, braces and garters production dropped sharply to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced setback. The growth pace was the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Braces And Garters Exports

Exports in the EU

In 2022, shipments abroad of braces, suspenders and garters increased by X% to X units, rising for the third consecutive year after two years of decline. Overall, exports recorded prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, braces and garters exports rose rapidly to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, the Netherlands (X units), distantly followed by Germany (X units), France (X units), Poland (X units), the Czech Republic (X units), Italy (X units) and Romania (X units) were the largest exporters of braces, suspenders and garters, together making up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest braces and garters supplying countries in the European Union were the Netherlands ($X), Germany ($X) and France ($X), with a combined X% share of total exports.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the export price figures.

Braces And Garters Imports

Imports in the EU

In 2022, overseas purchases of braces, suspenders and garters increased by X% to X units, rising for the sixth year in a row after three years of decline. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, braces and garters imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of braces and garters imports in 2022 were Germany (X units), the Netherlands (X units), France (X units), Spain (X units), Italy (X units) and Belgium (X units), together recording X% of total import. The following importers - Poland (X units), the Czech Republic (X units), Portugal (X units), Hungary (X units), Sweden (X units), Austria (X units) and Romania (X units) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per unit, dropping by X% against the previous year. In general, the import price showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when the import price increased by X%. Over the period under review, import prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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