Asia-Pacific: 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 Asia-Pacific

The Asia-Pacific market for braids in the piece, tassels and pompons, ornamental trimmings reached $X in 2021, approximately mirroring the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption reached the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Asia-Pacific

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings contracted modestly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2021, production of growth failed to regain momentum.

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

Exports in Asia-Pacific

In 2021, shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, recorded a mild reduction. The growth pace was the most rapid in 2016 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings shrank slightly to $X in 2021. Overall, exports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

China prevails in trimmings structure, amounting to X tons, which was near X% of total exports in 2021. Taiwan (Chinese) (X tons) took an X% share (based on physical terms) of total exports, which put it in second place, followed by India (X%). Japan (X tons) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of braids in the piece, tassels and pompons, ornamental trimmings. At the same time, Japan (+X%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2012-2021. By contrast, Taiwan (Chinese) (-X%) and India (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total exports, while India saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest braids, tassels, pompons and ornamental trimmings supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports. It was followed by India, with a X% share.

In China, exports of braids in the piece, tassels and pompons, ornamental trimmings contracted by an average annual rate of -X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (-X% per year) and India (-X% per year).

Export Prices by Country

In 2021, the al trimmings in Asia-Pacific amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced mixed trends in the export price figures.

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

Imports in Asia-Pacific

In 2021, supplies from abroad of braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Total imports indicated a pronounced expansion from 2012 to 2021: its volume 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. The growth pace was the most rapid in 2014 with an increase of X%. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings fell slightly to $X in 2021. Total imports indicated noticeable growth 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, imports increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2014 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 in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

Vietnam was the largest importer of braids in the piece, tassels and pompons, ornamental trimmings in Asia-Pacific, with the volume of imports resulting at X tons, which was near X% of total imports in 2021. Afghanistan (X tons) held the second position in the ranking, followed by Bangladesh (X tons), India (X tons) and Indonesia (X tons). All these countries together held near X% share of total imports. Cambodia (X tons) and Japan (X tons) followed a long way behind the leaders.

Imports into Vietnam increased at an average annual rate of +X% from 2012 to 2021. At the same time, Cambodia (+X%), Indonesia (+X%) and Bangladesh (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of +X% from 2012-2021. Japan experienced a relatively flat trend pattern. By contrast, India (-X%) and Afghanistan (-X%) illustrated a downward trend over the same period. Vietnam (+X p.p.), Cambodia (+X p.p.), Indonesia (+X p.p.) and Bangladesh (+X p.p.) significantly strengthened its position in terms of the total imports, while India and Afghanistan saw its share reduced by -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Vietnam ($X) constitutes the largest market for imported braids in the piece, tassels and pompons, ornamental trimmings in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by Afghanistan ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Vietnam, imports of braids in the piece, tassels and pompons, ornamental trimmings increased at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Afghanistan (-X% per year) and India (+X% per year).

Import Prices by Country

The al trimmings in Asia-Pacific stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the import price continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Afghanistan ($X per ton), while Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform