France: Braces And Garters Market 2024

Braces And Garters Market Size in France

In 2022, the French braces and garters market increased by 22% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +4.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Braces and garters consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Braces And Garters Production in France

In value terms, braces and garters production contracted to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The pace of growth was the most pronounced in 2021 when the production volume increased by 36%. Braces and garters production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Braces And Garters Exports

Exports from France

In 2022, exports of braces, suspenders and garters from France skyrocketed to X units, increasing by 27% compared with 2021. Overall, exports, however, saw a deep reduction. The most prominent rate of growth was recorded in 2019 when exports increased by 31% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, braces and garters exports expanded sharply to $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 26%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X units), Italy (X units) and Spain (X units) were the main destinations of braces and garters exports from France, together comprising 41% of total exports. These countries were followed by Belgium, Algeria, Poland, Hungary, Tunisia, Portugal, Madagascar, the Czech Republic, the Netherlands and Slovakia, which together accounted for a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Madagascar (with a CAGR of +45.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Spain ($X) were the largest markets for braces and garters exported from France worldwide, with a combined 31% share of total exports. These countries were followed by Madagascar, Belgium, Poland, Hungary, Tunisia, Algeria, the Netherlands, the Czech Republic, Portugal and Slovakia, which together accounted for a further 32%.

In terms of the main countries of destination, Madagascar, with a CAGR of +39.0%, recorded the highest growth rate of 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

The average braces and garters export price stood at $X per unit in 2022, falling by -12.8% against the previous year. Overall, the export price showed a noticeable decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 23%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($X per unit), while the average price for exports to Algeria ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+2.7%), while the prices for the other major destinations experienced a decline.

Braces And Garters Imports

Imports into France

In 2022, approx. X units of braces, suspenders and garters were imported into France; growing by 36% on 2021. Overall, imports enjoyed strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, braces and garters imports soared to $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Thailand (X units) and Romania (X units) were the main suppliers of braces and garters imports to France, together accounting for 53% of total imports. These countries were followed by the Czech Republic, the Netherlands, Tunisia, Belgium and Germany, which together accounted for a further 34%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +42.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of braces, suspenders and garters to France, comprising 25% of total imports. The second position in the ranking was taken by Romania ($X), with an 11% share of total imports. It was followed by the Czech Republic, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Romania (+2.0% per year) and the Czech Republic (+3.4% per year).

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, with a decrease of -10.3% against the previous year. Over the period under review, the import price showed a pronounced reduction. The growth pace was the most rapid in 2018 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (-0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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