Overview of the Global Market for Scissors and Tailor Shears

Market Size for Scissors and Tailor Shears

In 2021, the global scissors and tailor shears market increased by 19% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Scissors and Tailor Shears

In value terms, scissors and tailor shears production soared to $X in 2021 estimated in export price. In general, production, however, saw a perceptible setback. Global production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Scissors and Tailor Shears

Exports

In 2021, shipments abroad of scissors and tailor shears increased by 18% to X units, rising for the fifth year in a row after two years of decline. In general, total exports indicated a modest increase from 2012 to 2021: its volume increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +306.9% against 2016 indices. The pace of growth was the most pronounced in 2017 with an increase of 230%. The global exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, scissors and tailor shears exports soared to $X in 2021. The total export value increased at an average annual rate of +5.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, resulting at X units, which was approx. 87% of total exports in 2021. The following exporters - the Netherlands (X units), Taiwan (Chinese) (X units) and Germany (X units) - each finished at a 5.3% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to scissors and tailor shears exports from China stood at +1.2%. At the same time, the Netherlands (+13.3%) and Taiwan (Chinese) (+2.1%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.3% from 2012-2021. Germany experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest scissors and tailor shears supplier worldwide, comprising 67% of global exports. The second position in the ranking was taken by Germany ($X), with a 6.2% share of global exports. It was followed by Taiwan (Chinese), with a 3.6% share.

In China, scissors and tailor shears exports expanded at an average annual rate of +6.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Germany (+1.4% per year) and Taiwan (Chinese) (+4.1% per year).

Export Prices by Country

In 2021, the average scissors and tailor shears export price amounted to $X per unit, with an increase of 3.7% against the previous year. Over the period under review, the export price recorded a moderate increase. The growth pace was the most rapid in 2016 an increase of 178%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the other global leaders experienced more modest paces of growth.

Imports of Scissors and Tailor Shears

Imports

In 2021, global scissors and tailor shears imports surged to X units, jumping by 30% compared with the previous year. The total import volume increased at an average annual rate of +4.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, scissors and tailor shears imports soared to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) represented the main importer of scissors and tailor shears, creating 23% of total imports. India (X units) took a 6% share (based on physical terms) of total imports, which put it in second place, followed by Vietnam (5.1%). Japan (X units), Germany (X units), Indonesia (X units), South Korea (X units), Russia (X units), the Netherlands (X units), Thailand (X units), France (X units), the UK (X units) and Spain (X units) took a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to scissors and tailor shears imports into the United States stood at +14.0%. At the same time, India (+28.6%), the Netherlands (+8.2%), Spain (+7.9%), Indonesia (+6.3%), Vietnam (+5.8%), South Korea (+5.4%), Russia (+4.8%), Thailand (+4.7%), France (+1.5%) and Japan (+1.1%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +28.6% from 2012-2021. Germany and the UK experienced a relatively flat trend pattern. From 2012 to 2021, the share of the United States and India increased by +13 and +5.1 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported scissors and tailor shears worldwide, comprising 20% of global imports. The second position in the ranking was held by Germany ($X), with a 7.3% share of global imports. It was followed by Vietnam, with a 5.3% share.

From 2012 to 2021, the average annual growth rate of value in the United States amounted to +5.0%. In the other countries, the average annual rates were as follows: Germany (+3.5% per year) and Vietnam (+0.4% per year).

Import Prices by Country

The average scissors and tailor shears import price stood at $X per unit in 2021, which is down by -7.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 12% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+6.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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