Northern America: Mannequin Market 2024

Mannequin Market Size in Northern America

The North American mannequin market reduced remarkably to $X in 2022, shrinking by -30% against the previous year. In general, consumption showed a perceptible curtailment. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Mannequin Production in Northern America

In value terms, mannequin production reduced markedly to $X in 2022 estimated in export price. In general, production recorded a deep slump. The pace of growth appeared the most rapid in 2021 when the production volume increased by 268% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Mannequin Exports

Exports in Northern America

In 2022, approx. X tons of mannequins were exported in Northern America; surging by 37% on 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, mannequin exports surged to $X in 2022. The total export value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the major exporter of mannequins in Northern America, with the volume of exports finishing at X tons, which was approx. 87% of total exports in 2022. It was distantly followed by Canada (X tons), making up a 13% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of mannequins. Canada (-1.1%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest mannequin supplier in Northern America, comprising 85% of total exports. The second position in the ranking was held by Canada ($X), with a 15% share of total exports.

In the United States, mannequin exports expanded at an average annual rate of +1.6% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, reducing by -4.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2018 when the export price increased by 27%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.0%).

Mannequin Imports

Imports in Northern America

In 2022, approx. X tons of mannequins were imported in Northern America; picking up by 2.8% on the previous year's figure. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +3.9% 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 +59.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 55%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, mannequin imports surged to $X in 2022. The total import value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The United States prevails in imports structure, reaching X tons, which was approx. 91% of total imports in 2022. It was distantly followed by Canada (X tons), achieving an 8.9% share of total imports.

The United States was also the fastest-growing in terms of the mannequins imports, with a CAGR of +5.1% from 2012 to 2022. Canada (-3.5%) illustrated a downward trend over the same period. The United States (+9.8 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -9.7% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported mannequins in Northern America, comprising 85% of total imports. The second position in the ranking was held by Canada ($X), with a 15% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at +3.5%.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, with an increase of 15% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+4.2%).

Source: IndexBox Platform

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