Northern America: Plaits And Basketwork Market 2025

Plaits And Basketwork Market Size in Northern America

For the third year in a row, the North American plaits and basketwork market recorded growth in sales value, which increased by 0.9% to $X in 2022. In general, consumption, however, recorded a slight expansion. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Plaits And Basketwork Production in Northern America

In value terms, plaits and basketwork production soared to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the production volume increased by 196% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Plaits And Basketwork Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in shipments abroad of plaits, basketwork, wickerwork and similar products of plaiting materials, when their volume decreased by -21.2% to X tons. Total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when exports increased by 17% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced markedly in the following year.

In value terms, plaits and basketwork exports rose modestly to $X in 2022. Total exports indicated a buoyant expansion from 2012 to 2022: its value 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, exports increased by +57.8% against 2014 indices. The growth pace was the most rapid in 2014 when exports increased by 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Exports by Country

In 2022, Canada (X tons) represented the largest exporter of plaits, basketwork, wickerwork and similar products of plaiting materials, mixing up 82% of total exports. It was distantly followed by the United States (X tons), generating an 18% share of total exports.

Canada was also the fastest-growing in terms of the plaits, basketwork, wickerwork and similar products of plaiting materials exports, with a CAGR of +6.1% from 2012 to 2022. The United States (-7.2%) illustrated a downward trend over the same period. While the share of Canada (+28 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the United States (-27.6 p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest plaits and basketwork supplier in Northern America, comprising 71% of total exports. The second position in the ranking was held by the United States ($X), with a 29% share of total exports.

In Canada, plaits and basketwork exports expanded at an average annual rate of +9.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, surging by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.0%).

Plaits And Basketwork Imports

Imports in Northern America

After four years of growth, purchases abroad of plaits, basketwork, wickerwork and similar products of plaiting materials decreased by -19.4% to X tons in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.5% 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 +62.5% against 2014 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. As a result, imports reached the peak of X tons, and then declined significantly in the following year.

In value terms, plaits and basketwork imports declined to $X in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of $X, and then shrank modestly in the following year.

Imports by Country

The United States prevails in imports structure, recording X tons, which was approx. 95% of total imports in 2022. It was distantly followed by Canada (X tons), constituting a 4.6% share of total imports.

The United States was also the fastest-growing in terms of the plaits, basketwork, wickerwork and similar products of plaiting materials imports, with a CAGR of +5.2% from 2012 to 2022. Canada (-4.2%) illustrated a downward trend over the same period. The United States (+6.3 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -6.3% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported plaits, basketwork, wickerwork and similar products of plaiting materials in Northern America, comprising 93% of total imports. The second position in the ranking was taken by Canada ($X), with a 7.1% share of total imports.

In the United States, plaits and basketwork imports increased at an average annual rate of +3.2% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per ton, growing by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a mild decrease. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 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 (+5.3%).

Source: IndexBox Platform

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