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

Contents:

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

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

In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $71 per unit, waning by -34.6% against the previous year. Over the period under review, the export price continues to indicate a noticeable reduction. The pace of growth appeared the most rapid in 2018 an increase of 37% against the previous year. The export price peaked at $133 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($190 per unit), while the average price for exports to Ghana ($6.7 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 Finland (+29.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $109 per unit, remaining stable against the previous year. Overall, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2014 an increase of 158%. The import price peaked at $121 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($117 per unit) and Nigeria ($112 per unit), while the price for France ($106 per unit) and Italy ($108 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+31.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of wigs; complete, of synthetic textile materialses from Vietnam soared to 20K units in 2022, surging by 50% compared with the year before. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of wigs; complete, of synthetic textile materialses fell slightly to $1.4M in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 101% against the previous year. The exports peaked at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Netherlands (6.7K units)
2. United States (2.7K units)
3. United Arab Emirates (2.4K units)
4. South Africa (1.7K units)
5. Finland (0.9K units)
6. Germany (0.8K units)
7. Ghana (0.7K units)
8. France (0.7K units)
9. Israel (0.3K units)
10. Thailand (0.3K units)
11. South Korea (0.2K units)
12. Hong Kong SAR (0.1K units)

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

In 2022, supplies from abroad of wigs; complete, of synthetic textile materialses decreased by -48.3% to 208 units, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 when imports increased by 104%. As a result, imports attained the peak of 607 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wigs; complete, of synthetic textile materialses contracted notably to $23K in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2020 with an increase of 161% against the previous year. As a result, imports attained the peak of $73K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. China (99.0 units)
2. Italy (63.0 units)
3. Spain (23.0 units)
4. Nigeria (12.0 units)
5. France (6.0 units)
6. United States (5.0 units)

Source: IndexBox Market Intelligence Platform