France: Plaits And Basketwork Market 2024

Plaits And Basketwork Market Size in France

For the seventh year in a row, the French plaits and basketwork market recorded growth in sales value, which increased by 22% to $X in 2022. In general, consumption saw a buoyant increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Plaits And Basketwork Production in France

In value terms, plaits and basketwork production declined markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 53%. Over the period under review, production attained the peak level at $X in 2021, and then dropped rapidly in the following year.

Plaits And Basketwork Exports

Exports from France

In 2022, exports of plaits, basketwork, wickerwork and similar products of plaiting materials from France soared to X tons, increasing by 32% against the previous year. Overall, exports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, plaits and basketwork exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 62% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Belgium (X tons), Spain (X tons) and Italy (X tons) were the main destinations of plaits and basketwork exports from France, together comprising 38% of total exports. Tunisia, Germany, the United States, Switzerland, China, Turkey, the Netherlands, Mauritius, Portugal and Poland lagged somewhat behind, together accounting for a further 45%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +49.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for plaits and basketwork exported from France worldwide, together accounting for 32% of total exports. Spain, China, Tunisia, Belgium, Turkey, Switzerland, the Netherlands, Poland, Portugal and Mauritius lagged somewhat behind, together comprising a further 41%.

Among the main countries of destination, Turkey, with a CAGR of +42.7%, 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 average plaits and basketwork export price amounted to $X per ton, with an increase of 10% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork export price increased by +56.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Mauritius ($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 China (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into France

In 2022, approx. X tons of plaits, basketwork, wickerwork and similar products of plaiting materials were imported into France; growing by 16% against the previous year. Overall, total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.4% against 2017 indices. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, plaits and basketwork imports soared to $X in 2022. In general, imports recorded prominent growth. The pace of growth was the most pronounced in 2021 when imports increased by 48%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X tons) constituted the largest plaits and basketwork supplier to France, accounting for a 46% share of total imports. Moreover, plaits and basketwork imports from China exceeded the figures recorded by the second-largest supplier, Madagascar (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, 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: Madagascar (+11.9% per year) and Vietnam (+9.3% per year).

In value terms, China ($X) constituted the largest supplier of plaits, basketwork, wickerwork and similar products of plaiting materials to France, comprising 38% of total imports. The second position in the ranking was held by Vietnam ($X), with a 14% share of total imports. It was followed by Madagascar, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+13.9% per year) and Madagascar (+14.8% per year).

Import Prices by Country

The average plaits and basketwork import price stood at $X per ton in 2022, with an increase of 8.5% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plaits and basketwork import price increased by +27.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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