Canada: 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 Canada

The Canadian market for braids in the piece, tassels and pompons, ornamental trimmings dropped to $X in 2021, reducing by -X% against the previous year. In general, the total consumption indicated a resilient 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 2019 indices. Consumption of peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings shrank to $X in 2021 estimated in export price. In general, production, however, saw prominent growth. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings attained the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

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

Exports from Canada

In 2021, approx. X tons of braids in the piece, tassels and pompons, ornamental trimmings were exported from Canada; growing by X% compared with 2020. Over the period under review, exports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. Overall, exports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Canada, accounting for a X% share of total exports. It was followed by Sweden (X kg), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Trinidad and Tobago (+X% per year).

In value terms, the United States ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Canada, comprising X% of total exports. The second position in the ranking was held by Trinidad and Tobago ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Trinidad and Tobago (+X% per year) and Sweden (+X% per year).

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, surging by X% against the previous year. Over the period under review, the export price saw resilient growth. The pace of growth was the most pronounced in 2013 an increase of X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($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 the United States (+X%), while the prices for the other major destinations experienced a decline.

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

Imports into Canada

In 2021, approx. X tons of braids in the piece, tassels and pompons, ornamental trimmings were imported into Canada; with an increase of X% compared with the previous year's figure. Overall, imports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings declined to $X in 2021. Over the period under review, imports, however, recorded a pronounced setback. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Canada, with a X% share of total imports. Moreover, imports of braids in the piece, tassels and pompons, ornamental trimmings from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Taiwan (Chinese) (-X% per year).

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

From 2012 to 2021, the average annual growth rate of value from China stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and the UK (+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, waning by -X% against the previous year. In general, import price indicated perceptible 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, import 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 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform