U.S.: 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 the U.S.

The U.S. market for braids in the piece, tassels and pompons, ornamental trimmings contracted modestly to $X in 2021, declining by -X% against the previous year. Over the period under review, the total consumption indicated noticeable growth 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 decreased by -X% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in the U.S.

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings declined modestly to $X in 2021. Overall, the total production indicated tangible growth 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 2019 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2021, production of growth failed to regain momentum.

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

Exports from the U.S.

In 2021, shipments abroad of braids in the piece, tassels and pompons, ornamental trimmings was finally on the rise to reach X tons after two years of decline. In general, exports, however, continue to indicate a perceptible downturn. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings soared to $X in 2021. Overall, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Mexico (X tons) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from the United States, accounting for a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Mexico exceeded the volume sent to the second major destination, Canada (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with a X% share.

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

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

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

Export Prices by Country

The average export price for braids in the piece, tassels and pompons, ornamental trimmings stood at $X per ton in 2021, with an increase of X% against the previous year. Overall, the export price enjoyed prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($X per ton), while the average price for exports to Jamaica ($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 Canada (+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 the U.S.

In 2021, purchases abroad of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, recorded 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 tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Mexico (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to the United States, together accounting for X% of total imports. These countries were followed by India, Germany, the Philippines and Turkey, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest braids, tassels, pompons and ornamental trimmings suppliers to the United States were Mexico ($X), China ($X) and India ($X), with a combined X% share of total imports. These countries were followed by Taiwan (Chinese), Germany, Turkey and the Philippines, which together accounted for a further X terms of the main suppliers, the Philippines, with a CAGR of +X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

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, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2015; however, from 2016 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 India ($X per ton), while the price for the Philippines ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform