Global Hand-Made Lace Market Overview 2021

Hand-Made Lace Market Size

The global hand-made lace market soared to $X in 2019, growing by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Hand-Made Lace Production

In value terms, hand-made lace production skyrocketed to $X in 2019 estimated in export prices. Overall, production recorded a relatively flat trend pattern. Global production peaked at $X in 2007; however, from 2008 to 2019, production remained at a lower figure.

Production By Country

The countries with the highest volumes of hand-made lace production in 2019 were India (X tonnes), China (X tonnes) and Turkey (X tonnes), together accounting for X% of global production.

From 2007 to 2019, the biggest increases were in India, while hand-made lace production for the other global leaders experienced more modest paces of growth.

Hand-Made Lace Exports

Exports

In 2019, shipments abroad of hand-made lace in the piece, in strips or in motifs increased by X% to X tonnes, rising for the second consecutive year after two years of decline. Over the period under review, exports posted a measured increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand-made lace exports surged to $X in 2019. Overall, exports continue to indicate a noticeable reduction. Global exports peaked at $X in 2007; however, from 2008 to 2019, exports remained at a lower figure.

Exports by Country

In 2019, India (X tonnes) represented the major exporter of hand-made lace in the piece, in strips or in motifs, generating X% of total exports. China (X tonnes) ranks second in terms of the total exports with a X% share, followed by Pakistan (X%) and Turkey (X%).

India was also the fastest-growing in terms of the hand-made lace in the piece, in strips or in motifs exports, with a CAGR of +X% from 2007 to 2019. At the same time, Pakistan (+X%) and Turkey (+X%) displayed positive paces of growth. By contrast, China (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.), Pakistan (+X p.p.) and Turkey (+X p.p.) increased significantly in terms of the global exports from 2007-2019, the share of China (-X p.p.) displayed negative dynamics.

In value terms, India ($X) emerged as the largest hand-made lace supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Turkey, with a X% share.

From 2007 to 2019, the average annual growth rate of value in India stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (-X% per year) and Turkey (+X% per year).

Export Prices by Country

The average hand-made lace export price stood at $X per tonne in 2019, falling by -X% against the previous year. Over the period under review, the export price continues to indicate a abrupt setback. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India, while the other global leaders experienced a decline in the export price figures.

Hand-Made Lace Imports

Imports

In 2019, supplies from abroad of hand-made lace in the piece, in strips or in motifs increased by X% to X tonnes for the first time since 2015, thus ending a three-year declining trend. Over the period under review, imports, however, showed a slight contraction. Over the period under review, global imports reached the maximum at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, hand-made lace imports skyrocketed to $X in 2019. Overall, imports, however, continue to indicate a slight decrease. Global imports peaked at $X in 2015; however, from 2016 to 2019, imports failed to regain the momentum.

Imports by Country

The United Arab Emirates prevails in hand-made lace imports structure, accounting for X tonnes, which was near X% of total imports in 2019. It was distantly followed by the Philippines (X tonnes) and Tanzania (X tonnes), together constituting a X% share of total imports. The following importers - Cote d'Ivoire (X tonnes), Afghanistan (X tonnes), Nepal (X tonnes) and Viet Nam (X tonnes) - each finished at a X% share of total imports.

From 2007 to 2019, average annual rates of growth with regard to hand-made lace imports into the United Arab Emirates stood at +X%. At the same time, Afghanistan (+X%), Nepal (+X%), the Philippines (+X%), Cote d'Ivoire (+X%), Viet Nam (+X%) and Tanzania (+X%) displayed positive paces of growth. Moreover, Afghanistan emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2007-2019. While the share of the United Arab Emirates (+X p.p.), the Philippines (+X p.p.), Tanzania (+X p.p.), Cote d'Ivoire (+X p.p.), Afghanistan (+X p.p.) and Nepal (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported hand-made lace in the piece, in strips or in motifs worldwide, comprising X% of global imports. The second position in the ranking was occupied by Viet Nam ($X), with a X% share of global imports. It was followed by the Philippines, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value in the United Arab Emirates totaled +X%. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and the Philippines (+X% per year).

Import Prices by Country

In 2019, the average hand-made lace import price amounted to $X per tonne, shrinking by -X% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% year-to-year. Global import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2019, the country with the highest price was Viet Nam ($X per tonne), while Tanzania ($X per tonne) 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 other global leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hand-made lace in the piece, in strips or in motifs in the world?

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The country with the largest volume of hand-made lace consumption was the United Arab Emirates (2.7K tonnes), comprising approx. 52% of total volume. Moreover, hand-made lace consumption in the United Arab Emirates exceeded the figures recorded by the second-largest consumer, China (670 tonnes), fourfold. The third position in this ranking was occupied by the Philippines (354 tonnes), with a 6.8% share.

What are the largest producers of hand-made lace in the piece, in strips or in motifs in the world?

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The countries with the highest volumes of hand-made lace production in 2019 were India (2K tonnes), China (1.3K tonnes) and Turkey (461 tonnes), with a combined 82% share of global production.

What are the leading exporters of hand-made lace in the piece, in strips or in motifs in the world?

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In value terms, India ($16M) emerged as the largest hand-made lace supplier worldwide, comprising 66% of global exports. The second position in the ranking was occupied by China ($3M), with a 12% share of global exports. It was followed by Turkey, with a 5.7% share.

What are the leading importers of hand-made lace in the piece, in strips or in motifs in the world?

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In value terms, the United Arab Emirates ($13M) constitutes the largest market for imported hand-made lace in the piece, in strips or in motifs worldwide, comprising 64% of global imports. The second position in the ranking was occupied by Viet Nam ($786K), with a 4% share of global imports. It was followed by the Philippines, with a 3.5% share.

What is the average export price for hand-made lace in the piece, in strips or in motifs in the world?

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The average hand-made lace export price stood at $7,119 per tonne in 2019, reducing by -8.2% against the previous year.

What is the average import price for hand-made lace in the piece, in strips or in motifs in the world?

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In 2019, the average hand-made lace import price amounted to $4,809 per tonne, falling by -49.5% against the previous year.