Price for Wigs; Complete, of Synthetic Textile Materials in Indonesia - 2022

Contents:

1. Price for Wigs; Complete, of Synthetic Textile Materials in Indonesia (FOB) - 2022
2. Price for Wigs; Complete, of Synthetic Textile Materials in Indonesia (CIF) - 2022
3. Exports of Wigs; Complete, of Synthetic Textile Materials in Indonesia
4. Imports of Wigs; Complete, of Synthetic Textile Materials in Indonesia

Price for Wigs; Complete, of Synthetic Textile Materials in Indonesia (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $28.1 per unit in March 2022, picking up by 14% against the previous month. Over the period under review, the export price posted a slight expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From March 2021 to March 2022, the rate of growth in terms of prices for the United States amounted to +1.8% per month.

Price for Wigs; Complete, of Synthetic Textile Materials in Indonesia (CIF) - 2022

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $3.5 per unit, which is down by -60.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by 30%. As a result, import price reached the peak level of $17 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($123 per unit), while the price for China ($1.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Wigs; Complete, of Synthetic Textile Materials in Indonesia

Exports of wigs; complete, of synthetic textile materialses from Indonesia shrank to 7.4M units in 2022, waning by -5.8% against the previous year's figure. The total export volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 17%. As a result, the exports reached the peak of 7.9M units, and then contracted in the following year.

In value terms, exports of wigs; complete, of synthetic textile materialses totaled $210M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 41%. The exports peaked in 2022 and are likely to continue growth in years to come.

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Indonesia in 2022:

1. United States (7.1M units)
2. Germany (0.1M units)

Imports of Wigs; Complete, of Synthetic Textile Materials in Indonesia

In 2022, approx. 130K units of wigs; complete, of synthetic textile materialses were imported into Indonesia; growing by 180% compared with the previous year. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of wigs; complete, of synthetic textile materialses rose remarkably to $460K in 2022. In general, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Indonesia in 2022:

1. China (128.5K units)
2. United States (0.6K units)

Source: IndexBox Market Intelligence Platform