Global Braces And Garters Market 2025

Braces And Garters Market Size

The global braces and garters market contracted slightly to $X in 2022, stabilizing at the previous year. The market value increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. Global consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Braces And Garters Production

In value terms, braces and garters production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.9% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2013 when the production volume increased by 30% against the previous year. Global production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Braces And Garters Exports

Exports

In 2022, approx. X units of braces, suspenders and garters were exported worldwide; picking up by 9.4% on the previous year's figure. The total export volume increased at an average annual rate of +2.8% 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 exports increased by 37% against the previous year. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, braces and garters exports reduced to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the global exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, China (X units), distantly followed by the United States (X units), Hong Kong SAR (X units), Morocco (X units) and the Netherlands (X units) represented the major exporters of braces, suspenders and garters, together achieving 57% of total exports. The following exporters - Italy (X units), Thailand (X units), Turkey (X units), Vietnam (X units), the Dominican Republic (X units), Germany (X units), France (X units) and the Czech Republic (X units) - together made up 22% of total exports.

China was also the fastest-growing in terms of the braces, suspenders and garters exports, with a CAGR of +19.2% from 2012 to 2022. At the same time, the United States (+18.6%), Turkey (+10.0%), Vietnam (+7.1%), the Netherlands (+6.7%), Thailand (+6.1%), Morocco (+4.8%), the Dominican Republic (+3.9%), Italy (+3.8%) and the Czech Republic (+3.5%) displayed positive paces of growth. By contrast, Germany (-3.0%), Hong Kong SAR (-8.1%) and France (-8.2%) illustrated a downward trend over the same period. From 2012 to 2022, the share of China, the United States and the Netherlands increased by +21, +9.3 and +1.7 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest braces and garters supplying countries worldwide were Morocco ($X), Hong Kong SAR ($X) and China ($X), together accounting for 36% of global exports. The United States, the Netherlands, Germany, Vietnam, France, Italy, the Czech Republic, Thailand, the Dominican Republic and Turkey lagged somewhat behind, together comprising a further 36%.

In terms of the main exporting countries, the Netherlands, with a CAGR of +20.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average braces and garters export price amounted to $X per unit, with a decrease of -12.3% against the previous year. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of 9.8%. The global export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.0%), while the other global leaders experienced more modest paces of growth.

Braces And Garters Imports

Imports

In 2022, supplies from abroad of braces, suspenders and garters increased by 1.4% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 22% against the previous year. Over the period under review, global imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, braces and garters imports totaled $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Over the period under review, global imports reached the peak figure at $X in 2018; afterwards, it flattened through to 2022.

Imports by Country

Japan (X units) and the United States (X units) represented roughly 37% of total imports in 2022. France (X units) ranks next in terms of the total imports with a 4.9% share, followed by Germany (4.8%). The Netherlands (X units), Hong Kong SAR (X units), Indonesia (X units), the UK (X units), Chile (X units), Sri Lanka (X units), Malaysia (X units), Guatemala (X units) and China (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +42.1%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest braces and garters importing markets worldwide were Japan ($X), the United States ($X) and Germany ($X), together accounting for 45% of global imports. Hong Kong SAR, France, the Netherlands, the UK, Indonesia, Sri Lanka, Chile, China, Malaysia and Guatemala lagged somewhat behind, together comprising a further 23%.

China, with a CAGR of +17.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average braces and garters import price stood at $X per unit in 2022, leveling off at the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 6.4% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Guatemala ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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