Price for Wigs; Complete, of Synthetic Textile Materials in the UK - 2024
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in the UK (CIF) - 2024
- Price for Wigs; Complete, of Synthetic Textile Materials in the UK (FOB) - 2022
- Imports of Wigs; Complete, of Synthetic Textile Materials in the UK
- Exports of Wigs; Complete, of Synthetic Textile Materials in the UK
Price for Wigs; Complete, of Synthetic Textile Materials in the UK (CIF) - 2024
The average import price for wigs; complete, of synthetic textile materialses stood at $19.8 per unit in February 2024, falling by -21.9% against the previous month. In general, the import price showed a perceptible slump. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 27% month-to-month. Over the period under review, average import prices hit record highs at $29.3 per unit in August 2023; however, from September 2023 to February 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($72.9 per unit), while the price for China ($3.8 per unit) was amongst the lowest.
From April 2023 to February 2024, the most notable rate of growth in terms of prices was attained by Indonesia (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wigs; Complete, of Synthetic Textile Materials in the UK (FOB) - 2022
In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $30 per unit, with a decrease of -8.1% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by 129%. Over the period under review, the average export prices attained the peak figure at $36 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 Germany ($90 per unit), while the average price for exports to the Netherlands ($15 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 Germany (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wigs; Complete, of Synthetic Textile Materials in the UK
In 2022, the amount of wigs; complete, of synthetic textile materialses imported into the UK surged to 784K units, with an increase of 35% on the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +5.3% 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 +64.2% against 2020 indices. 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 $18M in 2022. Over the period under review, total imports indicated a slight expansion from 2019 to 2022: its value increased at an average annual rate of +1.5% 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 +98.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Wigs; Complete, of Synthetic Textile Materials in the UK (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 8.3 | 4.3 | 8.8 | 11.5 | 11.5% |
Indonesia | 1.7 | 1.5 | 1.6 | 2.8 | 18.1% |
Thailand | 1.9 | 1.4 | 1.7 | 1.9 | 0.0% |
United States | 1.1 | 0.2 | 0.5 | 0.3 | -35.2% |
Hong Kong SAR | 2.4 | 1.0 | 0.4 | 0.2 | -56.3% |
Kenya | 0.7 | N/A | N/A | N/A | 0% |
Others | 0.7 | 0.4 | 0.7 | 1.0 | 12.6% |
Total | 16.9 | 8.9 | 13.7 | 17.7 | 1.6% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to the UK in 2022:
- China (719.6K units)
- Indonesia (21.8K units)
- Thailand (13.7K units)
- United States (4.3K units)
- Hong Kong SAR (1.1K units)
Exports of Wigs; Complete, of Synthetic Textile Materials in the UK
In 2022, after two years of decline, there was significant growth in overseas shipments of wigs; complete, of synthetic textile materialses, when their volume increased by 40% to 125K units. Overall, exports, however, recorded a sharp curtailment. The exports peaked at 362K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wigs; complete, of synthetic textile materialses surged to $3.7M in 2022. Over the period under review, exports, however, showed a abrupt decrease. The exports peaked at $5.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Wigs; Complete, of Synthetic Textile Materials in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 518 | 180 | 755 | 897 | 20.1% |
Germany | 668 | 328 | 824 | 852 | 8.4% |
Ghana | 1.3 | 6.3 | 2.6 | 265 | 488.5% |
Belgium | 115 | 28.6 | 218 | 223 | 24.7% |
Spain | 402 | 276 | 51.9 | 161 | -26.3% |
France | 608 | 358 | 207 | 138 | -39.0% |
Poland | 186 | 175 | 23.1 | 130 | -11.3% |
Portugal | 332 | 328 | 62.3 | 103 | -32.3% |
Ireland | 189 | 104 | 135 | 103 | -18.3% |
Netherlands | 548 | 583 | 66.8 | 100 | -43.3% |
Italy | 175 | 154 | 25.8 | 79.6 | -23.1% |
Sweden | 348 | 344 | 53.7 | 70.9 | -41.2% |
Czech Republic | 319 | 72.5 | 19.9 | 13.1 | -65.5% |
Others | 765 | 631 | 452 | 583 | -8.7% |
Total | 5,176 | 3,569 | 2,897 | 3,718 | -10.4% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from the UK in 2022:
- United States (53.6K units)
- Germany (9.5K units)
- Poland (8.2K units)
- Ghana (8.1K units)
- France (7.4K units)
- Netherlands (6.6K units)
- Portugal (6.2K units)
- Belgium (5.2K units)
- Spain (4.7K units)
- Sweden (3.3K units)
- Ireland (2.8K units)
- Czech Republic (0.4K units)
- Italy (0.2K units)
This report provides an in-depth analysis of the products of hair market in the UK.
Global Products Of Hair Market Report 2018. This report provides an in-depth analysis of the global products of hair market.
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