Price for Wigs; Complete, of Synthetic Textile Materials in the United States - 2024
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in the United States (CIF) - 2024
- Price for Wigs; Complete, of Synthetic Textile Materials in the United States (FOB) - 2024
- Imports of Wigs; Complete, of Synthetic Textile Materials in the United States
- Exports of Wigs; Complete, of Synthetic Textile Materials in the United States
Price for Wigs; Complete, of Synthetic Textile Materials in the United States (CIF) - 2024
The average import price for wigs; complete, of synthetic textile materialses stood at $8.3 per unit in March 2024, approximately mirroring the previous month. Over the period from June 2023 to March 2024, it increased at an average monthly rate of +4.5%. The most prominent rate of growth was recorded in November 2023 an increase of 15% m-o-m. The import price peaked in March 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Indonesia ($13.7 per unit), while the price for Senegal ($1.8 per unit) was amongst the lowest.
From June 2023 to March 2024, the most notable rate of growth in terms of prices was attained by Bangladesh (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wigs; Complete, of Synthetic Textile Materials in the United States (FOB) - 2024
The average export price for wigs; complete, of synthetic textile materialses stood at $11.3 per unit in March 2024, reducing by -16% against the previous month. In general, the export price continues to indicate a noticeable slump. The pace of growth was the most pronounced in January 2024 an increase of 82% m-o-m. The export price peaked at $22.8 per unit in October 2023; however, from November 2023 to March 2024, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($110 per unit), while the average price for exports to Guadeloupe ($4.3 per unit) was amongst the lowest.
From June 2023 to March 2024, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+33.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Wigs; Complete, of Synthetic Textile Materials in the United States
In 2022, approx. 13M units of wigs; complete, of synthetic textile materialses were imported into the United States; jumping by 104% on the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 137% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of wigs; complete, of synthetic textile materialses skyrocketed to $233M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.5% 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 +68.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Wigs; Complete, of Synthetic Textile Materials in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 101 | 89.0 | 129 | 156 | 15.6% |
| Bangladesh | 17.5 | 16.4 | 26.6 | 33.8 | 24.5% |
| China | 58.4 | 23.0 | 29.7 | 31.2 | -18.9% |
| Myanmar | 3.1 | 2.9 | 2.7 | 2.9 | -2.2% |
| Cambodia | N/A | 0.1 | 0.8 | 1.8 | 324.3% |
| Others | 7.6 | 6.7 | 7.5 | 6.6 | -4.6% |
| Total | 187 | 138 | 196 | 233 | 7.6% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to the United States in 2022:
- Indonesia (9.3M units)
- Bangladesh (1.9M units)
- China (0.9M units)
- Cambodia (0.3M units)
- Myanmar (0.1M units)
Exports of Wigs; Complete, of Synthetic Textile Materials in the United States
In 2022, the amount of wigs; complete, of synthetic textile materialses exported from the United States skyrocketed to 886K units, jumping by 104% on the previous year's figure. In general, exports recorded a significant increase. The growth pace was the most rapid in 2021 with an increase of 106%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, exports of wigs; complete, of synthetic textile materialses skyrocketed to $19M in 2022. The total export value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Wigs; Complete, of Synthetic Textile Materials in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 7.3 | 5.5 | 7.1 | 9.3 | 8.4% |
| United Kingdom | 3.6 | 2.8 | 3.5 | 5.1 | 12.3% |
| France | 0.6 | 0.7 | 1.0 | 0.9 | 14.5% |
| Cambodia | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Australia | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Israel | 0.1 | 0.6 | 0.4 | 0.2 | 26.0% |
| Saint Vincent and the Grenadines | N/A | N/A | N/A | 0.2 | 0% |
| Others | 2.3 | 4.2 | 3.1 | 2.4 | 1.4% |
| Total | 14.4 | 14.0 | 15.6 | 19.3 | 10.3% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from the United States in 2022:
- Canada (408.5K units)
- United Kingdom (188.0K units)
- Cambodia (74.4K units)
- Saint Vincent and the Grenadines (65.0K units)
- France (44.9K units)
- Australia (16.1K units)
- Belgium (13.5K units)
- Israel (6.1K units)
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