Australia: Mannequin Market 2024

Mannequin Market Size in Australia

The Australian mannequin market dropped significantly to $X in 2022, falling by -27.6% against the previous year. Overall, consumption showed a pronounced contraction. Mannequin consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Mannequin Production in Australia

In value terms, mannequin production fell rapidly to $X in 2022 estimated in export price. In general, production showed a noticeable decrease. The pace of growth was the most pronounced in 2017 with an increase of 1,292% against the previous year. Mannequin production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Mannequin Exports

Exports from Australia

In 2022, the amount of mannequins exported from Australia surged to X tons, increasing by 20% on the previous year's figure. Over the period under review, exports, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2021 when exports increased by 36%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, mannequin exports surged to $X in 2022. Overall, exports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 37%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for mannequin exports from Australia, accounting for a 20% share of total exports. Moreover, mannequin exports to the United States exceeded the volume sent to the second major destination, Singapore (X tons), twofold. Chile (X tons) ranked third in terms of total exports with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (-2.9% per year) and Chile (+1.0% per year).

In value terms, the United States ($X) remains the key foreign market for mannequins exports from Australia, comprising 21% of total exports. The second position in the ranking was held by Singapore ($X), with a 9.8% share of total exports. It was followed by Chile, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+4.4% per year) and Chile (-4.4% per year).

Export Prices by Country

In 2022, the average mannequin export price amounted to $X per ton, leveling off at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2018 an increase of 21%. The export price peaked at $X per ton in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+15.0%), while the prices for the other major destinations experienced more modest paces of growth.

Mannequin Imports

Imports into Australia

In 2022, the amount of mannequins imported into Australia declined sharply to X tons, waning by -15.8% compared with the previous year. Overall, imports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mannequin imports declined to $X in 2022. Over the period under review, imports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 50%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The United States (X tons), China (X tons) and the UK (X tons) were the main suppliers of mannequin imports to Australia, with a combined 54% share of total imports. Germany, Switzerland, Norway, Finland, Taiwan (Chinese), New Zealand, Canada, France, the Netherlands and Belgium lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +58.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and the UK ($X) constituted the largest mannequin suppliers to Australia, together accounting for 54% of total imports. Germany, Switzerland, Norway, Finland, Taiwan (Chinese), New Zealand, Canada, France, the Netherlands and Belgium lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Belgium, with a CAGR of +54.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average mannequin import price amounted to $X per ton, surging by 9.2% against the previous year. In general, the import price continues to indicate a pronounced increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Taiwan (Chinese) ($X per ton) and the Netherlands ($X per ton), while the price for France ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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