Portugal: 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 Portugal

The Portuguese market for braids in the piece, tassels and pompons, ornamental trimmings dropped to $X in 2021, waning by -X% against the previous year. In general, the total consumption indicated perceptible growth 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, consumption increased by +X% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2020, and then shrank in the following year.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Production of peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

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

Exports from Portugal

In 2021, exports of braids in the piece, tassels and pompons, ornamental trimmings from Portugal soared to X tons, with an increase of X% against the previous year's figure. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. Over the period under review, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Morocco (X tons) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Portugal, accounting for a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Morocco exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The UK (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Morocco stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+X% per year) and the UK (+X% per year).

In value terms, the largest markets for braids, tassels, pompons and ornamental trimmings exported from Portugal were Morocco ($X), the Netherlands ($X) and the UK ($X), together accounting for X% of total exports.

The Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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, falling by -X% against the previous year. In general, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Slovenia ($X per ton), while the average price for exports to Angola ($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 France (+X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports into Portugal

In 2021, overseas purchases of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports, however, continue to indicate a noticeable descent. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings skyrocketed to $X in 2021. Over the period under review, imports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports of remained at a lower figure.

Imports by Country

Spain (X tons), China (X tons) and Italy (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Portugal, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in Italy (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest braids, tassels, pompons and ornamental trimmings suppliers to Portugal were Spain ($X), Italy ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by China and France, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, remaining relatively unchanged against the previous year. In general, import price indicated a notable increase from 2012 to 2021: its price 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, import price for braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform