Europe: Mannequin Market 2024

Mannequin Market Size in Europe

In 2022, the Europe mannequin market increased by 24% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a mild contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Mannequin Production in Europe

In value terms, mannequin production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 with an increase of 22%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Mannequin Exports

Exports in Europe

In 2022, shipments abroad of mannequins increased by 1.5% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, saw a slight setback. The pace of growth was the most pronounced in 2021 when exports increased by 13%. Over the period under review, the exports reached the peak figure at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, mannequin exports reduced modestly to $X in 2022. Overall, exports, however, saw a mild downturn. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons), the UK (X tons) and the Netherlands (X tons) represented roughly 46% of total exports in 2022. Spain (X tons) ranks next in terms of the total exports with a 6.2% share, followed by the Czech Republic (6.1%) and France (5.4%). Italy (X tons), Sweden (X tons), Poland (X tons), Slovakia (X tons), Belgium (X tons), Austria (X tons) and Norway (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by the Netherlands (with a CAGR of +6.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022, together accounting for 50% of total exports. Sweden, Norway, France, Spain, Italy, the Czech Republic, Austria, Belgium, Poland and Slovakia lagged somewhat behind, together comprising a further 37%.

In terms of the main exporting countries, Poland, with a CAGR of +17.3%, saw the highest rates of growth with regard to 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

In 2022, the export price in Europe amounted to $X per ton, with a decrease of -2.1% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the export price increased by 7.6% against the previous year. The level of export peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+17.2%), while the other leaders experienced more modest paces of growth.

Mannequin Imports

Imports in Europe

Mannequin imports reduced to X tons in 2022, with a decrease of -6.9% compared with the previous year's figure. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, mannequin imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the UK (X tons), distantly followed by Germany (X tons), France (X tons), the Netherlands (X tons) and Spain (X tons) were the key importers of mannequins, together creating 58% of total imports. Russia (X tons), Italy (X tons), Belgium (X tons), Switzerland (X tons), Poland (X tons), Denmark (X tons), Norway (X tons) and Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +7.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest mannequin importing markets in Europe were Germany ($X), the UK ($X) and France ($X), together accounting for 42% of total imports.

The UK, with a CAGR of +7.9%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, with an increase of 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Switzerland ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform