EU: Braces And Garters Market 2024

Braces And Garters Market Size in the EU

In 2023, the EU braces and garters market increased by X% to $X, rising for the third year in a row after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.

Braces And Garters Production in the EU

In value terms, braces and garters production surged to $X in 2023 estimated in export price. The total production indicated a noticeable expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2014; however, from 2015 to 2023, production stood at a somewhat lower figure.

Braces And Garters Exports

Exports in the EU

After three years of growth, overseas shipments of braces, suspenders and garters decreased by X% to X units in 2023. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2022, and then contracted slightly in the following year.

In value terms, braces and garters exports contracted to $X in 2023. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Italy (X units), Poland (X units), the Netherlands (X units), Germany (X units), France (X units), the Czech Republic (X units) and Spain (X units) represented roughly X% of total exports in 2023.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Poland ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

In terms of the main exporting countries, Poland, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price, however, showed a slight reduction. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Italy ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced more modest paces of growth.

Braces And Garters Imports

Imports in the EU

In 2023, after two years of growth, there was significant decline in purchases abroad of braces, suspenders and garters, when their volume decreased by X% to X units. Total imports indicated mild growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X units. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, braces and garters imports contracted slightly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined slightly in the following year.

Imports by Country

The countries with the highest levels of braces and garters imports in 2023 were the Netherlands (X units), France (X units), Germany (X units) and Poland (X units), together accounting for X% of total import. It was distantly followed by Italy (X units) and Spain (X units), together achieving a X% share of total imports. Belgium (X units), Portugal (X units), the Czech Republic (X units), Austria (X units), Sweden (X units) and Ireland (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest braces and garters importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports. Poland, Italy, Spain, Austria, Belgium, Portugal, the Czech Republic, Sweden and Ireland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Poland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform