India: 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 India

In 2021, the Indian market for braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption showed a prominent increase. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings expanded modestly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong expansion 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, production decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

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

Exports from India

After two years of growth, overseas shipments of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X tons in 2021. Overall, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs 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 stood at $X in 2021. Over the period under review, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

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 India, with a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to the United States exceeded the volume sent to the second major destination, Ethiopia (X tons), more than tenfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ethiopia (+X% per year) and the UK (-X% per year).

In value terms, the United States ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from India, comprising X% of total exports. The second position in the ranking was taken by Indonesia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

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

Export Prices by Country

In 2021, the average export price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, rising by X% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% against 2018 indices. The growth pace was the most rapid in 2013 when the average export price increased by X%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Ethiopia ($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 Indonesia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into India

In 2021, imports of braids in the piece, tassels and pompons, ornamental trimmings into India surged to X tons, with an increase of X% on 2020 figures. Over the period under review, imports, however, continue to indicate a slight contraction. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) was the main braids, tassels, pompons and ornamental trimmings supplier to India, 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, Hong Kong SAR (X tons), eightfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, China ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to India, comprising X% of total imports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, remaining relatively unchanged against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2019; however, from 2020 to 2021, import prices stood 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 Taiwan (Chinese) ($X per ton), while the price for Thailand ($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