Price for Wigs; Complete, of Synthetic Textile Materials in Germany - 2024
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in Germany (FOB) - 2022
- Price for Wigs; Complete, of Synthetic Textile Materials in Germany (CIF) - 2024
- Exports of Wigs; Complete, of Synthetic Textile Materials in Germany
- Imports of Wigs; Complete, of Synthetic Textile Materials in Germany
Price for Wigs; Complete, of Synthetic Textile Materials in Germany (FOB) - 2022
The average export price for wigs; complete, of synthetic textile materialses stood at $40 per unit in 2022, which is down by -23.3% against the previous year. Overall, the export price recorded a abrupt decrease. The pace of growth was the most pronounced in 2016 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices hit record highs at $117 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($163 per unit), while the average price for exports to Belgium ($8.6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-1.3%), while the prices for the other major destinations experienced a decline.
Price for Wigs; Complete, of Synthetic Textile Materials in Germany (CIF) - 2024
In March 2024, the average import price for wigs; complete, of synthetic textile materialses amounted to $19.6 per unit, which is down by -2% against the previous month. Overall, the import price showed a mild shrinkage. The pace of growth was the most pronounced in January 2024 an increase of 50% month-to-month. The import price peaked at $25.2 per unit in May 2023; however, from June 2023 to March 2024, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In March 2024, the country with the highest price was Cambodia ($76.0 per unit), while the price for Cameroon ($737 per thousand units) was amongst the lowest.
From April 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Myanmar (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Wigs; Complete, of Synthetic Textile Materials in Germany
In 2022, the amount of wigs; complete, of synthetic textile materialses exported from Germany skyrocketed to 919K units, rising by 39% against the year before. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, exports of wigs; complete, of synthetic textile materialses stood at $37M in 2022. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wigs; Complete, of Synthetic Textile Materials in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 6.5 | 7.6 | 7.9 | 7.9 | 6.7% |
| Netherlands | 5.3 | 5.9 | 4.0 | 4.1 | -8.2% |
| United Kingdom | 3.7 | 3.6 | 2.4 | 2.7 | -10.0% |
| Italy | 2.4 | 2.5 | 2.4 | 2.4 | 0.0% |
| United States | 1.4 | 1.6 | 2.0 | 2.3 | 18.0% |
| Poland | 1.7 | 1.9 | 1.5 | 2.3 | 10.6% |
| Spain | 1.9 | 1.4 | 1.6 | 1.8 | -1.8% |
| Russia | 1.5 | 1.4 | 2.4 | 1.7 | 4.3% |
| Belgium | 1.6 | 1.5 | 1.2 | 1.5 | -2.1% |
| Sweden | 1.6 | 1.1 | 1.3 | 1.4 | -4.4% |
| Austria | 1.4 | 1.5 | 1.2 | 1.3 | -2.4% |
| Switzerland | 0.8 | 0.7 | 0.7 | 0.9 | 4.0% |
| Czech Republic | 0.7 | 0.5 | 0.6 | 0.7 | 0.0% |
| Others | 5.4 | 5.0 | 5.1 | 5.7 | 1.8% |
| Total | 35.9 | 36.2 | 34.3 | 36.5 | 0.6% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Germany in 2022:
- France (209.3K units)
- Belgium (171.5K units)
- Poland (140.1K units)
- Italy (71.7K units)
- Sweden (46.3K units)
- United States (35.9K units)
- United Kingdom (33.5K units)
- Czech Republic (28.3K units)
- Netherlands (25.3K units)
- Switzerland (23.3K units)
- Austria (22.2K units)
- Spain (19.9K units)
- Russia (19.6K units)
Imports of Wigs; Complete, of Synthetic Textile Materials in Germany
For the fourth consecutive year, Germany recorded growth in purchases abroad of wigs; complete, of synthetic textile materialses, which increased by 98% to 1.5M units in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wigs; complete, of synthetic textile materialses soared to $32M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wigs; Complete, of Synthetic Textile Materials in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 12.5 | 9.1 | 11.3 | 15.4 | 7.2% |
| China | 8.4 | 4.7 | 4.4 | 6.6 | -7.7% |
| Cambodia | 1.3 | 1.6 | 1.8 | 2.4 | 22.7% |
| Myanmar | 1.2 | 0.8 | 1.5 | 2.2 | 22.4% |
| Hong Kong SAR | 1.6 | 1.5 | 1.6 | 1.5 | -2.1% |
| Bangladesh | 0.4 | 0.4 | 0.3 | 0.7 | 20.5% |
| Netherlands | 0.1 | 0.1 | 0.1 | 0.6 | 81.7% |
| Others | 2.1 | 2.7 | 2.5 | 2.7 | 8.7% |
| Total | 27.6 | 20.9 | 23.5 | 32.1 | 5.2% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Germany in 2022:
- China (760.5K units)
- Indonesia (453.1K units)
- Myanmar (63.4K units)
- Netherlands (47.0K units)
- Cambodia (36.8K units)
- Hong Kong SAR (34.2K units)
- Bangladesh (28.5K units)
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