Germany: Horsehair Market 2022

Horsehair Market Size in Germany

The German horsehair market shrank to $X in 2021, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a noticeable increase. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Horsehair Exports

Exports from Germany

After two years of decline, overseas shipments of horsehair increased by X% to X tons in 2021. In general, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, horsehair exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt descent. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for horsehair exports from Germany, with a X% share of total exports. Moreover, horsehair exports to Belgium exceeded the volume sent to the second major destination, Italy (X tons), fivefold. The third position in this ranking was taken by Austria (X tons), with less than X% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-X% per year) and Austria (+X% per year).

In value terms, Italy ($X) remains the key foreign market for horsehair exports from Germany, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with an X% share of total exports. It was followed by Ukraine, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-X% per year) and Ukraine (+X% per year).

Export Prices by Country

The average horsehair export price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, export price indicated measured growth 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, horsehair export price increased by +X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Horsehair Imports

Imports into Germany

In 2021, imports of horsehair into Germany dropped slightly to X tons, with a decrease of less than X% compared with the year before. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, horsehair imports rose markedly to $X in 2021. In general, imports showed a perceptible slump. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest horsehair supplier to Germany, accounting for a X% share of total imports. Moreover, horsehair imports from China exceeded the figures recorded by the second-largest supplier, Paraguay (X tons), eightfold. The third position in this ranking was taken by Peru (X tons), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of horsehair to Germany, comprising X% of total imports. The second position in the ranking was held by Mongolia ($X), with a X% share of total imports. It was followed by Paraguay, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Mongolia (+X% per year) and Paraguay (+X% per year).

Import Prices by Country

In 2021, the average horsehair import price amounted to $X per ton, surging by X% against the previous year. Over the period under review, import price indicated a moderate 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, horsehair import price decreased by -X% against 2019 indices. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mongolia (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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