Southern Asia: 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 Southern Asia

The South Asian market for braids in the piece, tassels and pompons, ornamental trimmings reached $X in 2021, approximately reflecting the previous year. The total consumption indicated a measured expansion from 2012 to 2021: its value 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, consumption increased by +X% against 2017 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

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

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings contracted to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value 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, production increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2020, and then declined slightly in the following year.

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

Exports in Southern Asia

After two years of growth, shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to X tons in 2021. Over the period under review, exports continue to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings expanded notably to $X in 2021. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

India dominates trimmings structure, finishing at X tons, which was approx. X% of total exports in 2021. Sri Lanka (X tons) held a minor share of total exports.

India was also the fastest-growing in terms of the braids in the piece, tassels and pompons, ornamental trimmings exports, with a CAGR of -X% from 2012 to 2021. Sri Lanka (-X%) illustrated a downward trend over the same period. India (+X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest braids, tassels, pompons and ornamental trimmings supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was taken by Sri Lanka ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in India totaled -X%.

Export Prices by Country

In 2021, the al trimmings in Southern Asia amounted to $X per ton, picking up by X% against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while India stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+X%).

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

Imports in Southern Asia

In 2021, after two years of decline, there was significant growth in purchases abroad of braids in the piece, tassels and pompons, ornamental trimmings, when their volume increased by X% to X tons. In general, imports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings rose modestly to $X in 2021. Over the period under review, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings attained the maximum at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Afghanistan (X tons), Bangladesh (X tons) and India (X tons) was the major importer of braids in the piece, tassels and pompons, ornamental trimmings in Southern Asia, achieving X% of total import. Sri Lanka (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Bangladesh (with a CAGR of +X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Afghanistan ($X) constitutes the largest market for imported braids in the piece, tassels and pompons, ornamental trimmings in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

In Afghanistan, imports of braids in the piece, tassels and pompons, ornamental trimmings declined by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: India (+X% per year) and Bangladesh (+X% per year).

Import Prices by Country

In 2021, the al trimmings in Southern Asia amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price showed a slight descent. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform