Global Mannequin Market 2024

Mannequin Market Size

In 2022, the global mannequin market increased by 0.5% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, showed a mild decrease. Global consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Mannequin Production

In value terms, mannequin production contracted to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17% against the previous year. Over the period under review, global production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Mannequin Exports

Exports

Global mannequin exports totaled X tons in 2022, remaining relatively unchanged against the year before. Over the period under review, exports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 with an increase of 8% against the previous year. Over the period under review, the global exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, mannequin exports reached $X in 2022. In general, exports, however, recorded a mild setback. The growth pace was the most rapid in 2016 when exports increased by 8.7%. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

China was the major exporting country with an export of around X tons, which recorded 45% of total exports. The United States (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Germany (5.7%) and the UK (4.6%). The Netherlands (X tons), Hong Kong SAR (X tons), Spain (X tons), the Czech Republic (X tons), Canada (X tons) and France (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to mannequin exports from China stood at -8.2%. At the same time, the Netherlands (+6.8%), Spain (+1.5%) and France (+1.2%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +6.8% from 2012-2022. The Czech Republic and the United States experienced a relatively flat trend pattern. By contrast, Canada (-1.1%), the UK (-1.2%), Germany (-3.6%) and Hong Kong SAR (-12.3%) illustrated a downward trend over the same period. The United States (+4.4 p.p.), the Netherlands (+2.2 p.p.) and the UK (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR and China saw its share reduced by -2.2% and -16.5% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), the United States ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, together accounting for 52% of global exports. The UK, the Netherlands, Canada, France, Spain, Hong Kong SAR and the Czech Republic lagged somewhat behind, together accounting for a further 19%.

Among the main exporting countries, the Netherlands, with a CAGR of +5.9%, 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

The average mannequin export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth was the most pronounced in 2013 an increase of 11% against the previous year. The global export price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%), while the other global leaders experienced more modest paces of growth.

Mannequin Imports

Imports

In 2022, the amount of mannequins imported worldwide fell to X tons, approximately equating 2021. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 19% against the previous year. Over the period under review, global imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, mannequin imports reached $X in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons), distantly followed by Indonesia (X tons), the UK (X tons), the United Arab Emirates (X tons) and Japan (X tons) were the major importers of mannequins, together generating 42% of total imports. Germany (X tons), France (X tons), Uganda (X tons), China (X tons), Hong Kong SAR (X tons), the Netherlands (X tons), Spain (X tons) and Canada (X tons) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +5.1% from 2012 to 2022. At the same time, Uganda (+26.0%), Indonesia (+15.1%), France (+3.0%), the UK (+2.0%), the Netherlands (+1.9%) and Germany (+1.7%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer imported in the world, with a CAGR of +26.0% from 2012-2022. The United Arab Emirates and China experienced a relatively flat trend pattern. By contrast, Canada (-3.5%), Spain (-3.8%), Japan (-4.0%) and Hong Kong SAR (-14.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States, Indonesia and Uganda increased by +7.9, +6.3 and +2.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported mannequins worldwide, comprising 21% of global imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 6% share of global imports. It was followed by China, with a 5.2% share.

In the United States, mannequin imports increased at an average annual rate of +3.5% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: the United Arab Emirates (+1.1% per year) and China (+2.7% per year).

Import Prices by Country

The average mannequin import price stood at $X per ton in 2022, rising by 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 11%. Over the period under review, average import prices hit record highs at $X per ton in 2019; afterwards, it flattened through to 2022.

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 ($X per ton), while Uganda ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+9.4%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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