Europe: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in Europe

In 2022, the Europe plaits and basketwork market increased by 0.8% to $X, rising for the second consecutive year after three years of decline. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in years to come.

Plaits And Basketwork Production in Europe

In value terms, plaits and basketwork production shrank to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Plaits And Basketwork Exports

Exports in Europe

In 2022, shipments abroad of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by -6.2% to X tons for the first time since 2014, thus ending a seven-year rising trend. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, plaits and basketwork exports reduced modestly to $X in 2022. Overall, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 39% against the previous year. As a result, the exports reached the peak of $X, and then shrank slightly in the following year.

Exports by Country

In 2022, Poland (X tons), distantly followed by the Netherlands (X tons), Spain (X tons) and Germany (X tons) were the main exporters of plaits, basketwork, wickerwork and similar products of plaiting materials, together mixing up 70% of total exports. Ukraine (X tons), Belarus (X tons), France (X tons), Hungary (X tons), Lithuania (X tons), Greece (X tons), Denmark (X tons), Austria (X tons) and Belgium (X tons) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +55.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 47% of total exports. Spain, France, Denmark, Belgium, Greece, Belarus, Lithuania, Hungary, Austria and Ukraine lagged somewhat behind, together comprising a further 39%.

Greece, with a CAGR of +51.0%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, rising by 2.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the export prices remained at a lower figure.

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 France ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+6.5%), while the other leaders experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports in Europe

In 2022, supplies from abroad of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by -4.1% to X tons for the first time since 2017, thus ending a four-year rising trend. The total import volume increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 22%. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, plaits and basketwork imports rose notably to $X in 2022. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 45%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of plaits and basketwork imports in 2022 were France (X tons), Germany (X tons), the Netherlands (X tons), the UK (X tons), Spain (X tons), Italy (X tons), Poland (X tons), Greece (X tons), Belgium (X tons), Denmark (X tons), Sweden (X tons) and Austria (X tons), together amounting to 87% of total import.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Greece (with a CAGR of +13.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plaits and basketwork importing markets in Europe were Germany ($X), France ($X) and the UK ($X), with a combined 43% share of total imports. The Netherlands, Spain, Italy, Poland, Denmark, Sweden, Belgium, Austria and Greece lagged somewhat behind, together accounting for a further 42%.

Among the main importing countries, Greece, with a CAGR of +14.1%, saw 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 import price in Europe amounted to $X per ton, with an increase of 14% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform