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Pakistan - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
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Pakistan: Hat And Headgear Market Overview 2021

Hat And Headgear Market Size in Pakistan

In 2019, the Pakistani hat and headgear market increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption recorded a mild curtailment. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2019, consumption failed to regain the momentum.

Hat And Headgear Production in Pakistan

In value terms, hat and headgear production totaled $X in 2019 estimated in export prices. Over the period under review, production showed a noticeable contraction. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% year-to-year. Hat and headgear production peaked at $X in 2015; however, from 2016 to 2019, production stood at a somewhat lower figure.

Hat And Headgear Exports

Exports from Pakistan

In 2019, shipments abroad of hats and other headgear increased by X% to X units, rising for the second consecutive year after two years of decline. In general, exports continue to indicate temperate growth. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Exports peaked at X units in 2012; however, from 2013 to 2019, exports stood at a somewhat lower figure.

In value terms, hat and headgear exports soared to $X in 2019. Overall, total exports indicated a notable expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. Over the period under review, exports hit record highs at $X in 2008; however, from 2009 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for hat and headgear exports from Pakistan, accounting for a X% share of total exports. Moreover, hat and headgear exports to the United Arab Emirates exceeded the volume sent to the second major destination, Canada (X units), more than tenfold. The Netherlands (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume to the United Arab Emirates stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the Netherlands (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for hat and headgear exports from Pakistan, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by the U.S., with a X% share.

From 2007 to 2019, the average annual growth rate of value to the United Arab Emirates amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2019, the average hat and headgear export price amounted to $X per unit, approximately equating the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was the U.S. ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Hat And Headgear Imports

Imports into Pakistan

In 2019, purchases abroad of hats and other headgear decreased by -X% to X units, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked at X units in 2017; however, from 2018 to 2019, imports stood at a somewhat lower figure.

In value terms, hat and headgear imports dropped sharply to $X in 2019. In general, imports, however, recorded a tangible increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, China (X units) constituted the largest hat and headgear supplier to Pakistan, accounting for a X% share of total imports. Moreover, hat and headgear imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), fivefold.

From 2007 to 2019, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Turkey (+X% per year).

In value terms, China ($X) constituted the largest supplier of hat and headgear to Pakistan, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (-X% per year) and Turkey (+X% per year).

Import Prices by Country

The average hat and headgear import price stood at $X per unit in 2019, surging by X% against the previous year. In general, the import price, however, saw a slight curtailment. The pace of growth was the most pronounced in 2014 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per unit in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was China ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the United Arab Emirates, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hats and other headgear in the world?
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The countries with the highest volumes of hat and headgear consumption in 2019 were China (621M units), the U.S. (411M units) and India (252M units), together comprising 33% of global consumption. Japan, Indonesia, Pakistan, Brazil, Nigeria, Mexico, Bangladesh, the UK and Germany lagged somewhat behind, together comprising a further 21%.
What are the largest producers of hats and other headgear in the world?
+
The country with the largest volume of hat and headgear production was China (2B units), accounting for 51% of total volume. Moreover, hat and headgear production in China exceeded the figures recorded by the second-largest producer, India (236M units), ninefold. The third position in this ranking was occupied by Bangladesh (113M units), with a 2.8% share.
What are the leading suppliers of hats and other headgear to Pakistan?
+
In value terms, China ($1.1M) constituted the largest supplier of hat and headgear to Pakistan, comprising 85% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($100K), with a 7.9% share of total imports.
What are the leading importers of hats and other headgear from Pakistan?
+
In value terms, the United Arab Emirates ($778K) remains the key foreign market for hat and headgear exports from Pakistan, comprising 31% of total exports. The second position in the ranking was occupied by Canada ($230K), with a 9.1% share of total exports. It was followed by the U.S., with a 7.5% share.
What is the average export price for hats and other headgear in Pakistan?
+
The average hat and headgear export price stood at $2.1 per unit in 2019, approximately equating the previous year.
What is the average import price for hats and other headgear in Pakistan?
+
The average hat and headgear import price stood at $3.2 per unit in 2019, increasing by 4.7% against the previous year.

Product coverage:
• Prodcom 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
• Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
• Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
• Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

This report provides an in-depth analysis of the hat and headgear market in Pakistan. 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 2025.


Country coverage:
• Pakistan

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Pakistan
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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