Slovakia: 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 Slovakia

The Slovak market for braids in the piece, tassels and pompons, ornamental trimmings soared to $X in 2021, jumping by X% against the previous year. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. Consumption of peaked in 2021 and is likely to continue growth in the near future.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021 estimated in export price. In general, production, however, saw a abrupt decrease. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

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

Exports from Slovakia

In 2021, shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X tons, falling for the third consecutive year after two years of growth. Over the period under review, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings fell dramatically to $X in 2021. In general, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons), the United States (X tons) and Moldova (X tons) were the main destinations of exports of braids in the piece, tassels and pompons, ornamental trimmings from Slovakia, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for braids, tassels, pompons and ornamental trimmings exported from Slovakia were China ($X), the United States ($X) and Russia ($X), with a combined X% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +X%, recorded 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

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, picking up by X% against the previous year. Overall, export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. 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 increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Poland ($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 South Africa (+X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Slovakia

In 2021, supplies from abroad of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports saw a resilient increase. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings skyrocketed to $X in 2021. In general, imports recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest braids, tassels, pompons and ornamental trimmings supplier to Slovakia, accounting for a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from Germany exceeded the figures recorded by the second-largest supplier, Austria (X tons), threefold. The third position in this ranking was held by Hungary (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Hungary (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Slovakia, comprising X% of total imports. The second position in the ranking was taken by Austria ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+X% per year) and Hungary (+X% per year).

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, leveling off at the previous year. Over the period under review, the import price posted temperate growth. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

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

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

Source: IndexBox Platform

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