Australian Plaits & Basketwork Imports & Exports Drop in 2024, Market Size Grows
Australian braids and basketwork imports and exports have seen significant changes in 2024. After two years of growth, imports decreased by X% to X tons. Meanwhile, exports also dropped, by X% to X tons, following a decline in the previous year.
In value terms, imports fell to $X in 2024, after reaching a record high in 2022. Consumption peaked at $X in 2022 but decreased to a lower figure in 2024. On the other hand, production surged to $X in 2024, with a notable increase over the period.
New Zealand remained the primary destination for Australian exports, with a X% share. However, export value dropped to $X in 2024, after peaking at $X in 2022. For imports, China, Vietnam, and Indonesia were the main suppliers, together accounting for X% of total imports.
The Australian market size for braids and basketwork reached $X in 2024, with an increase of X% from the previous year. This growth follows an average annual rate of X% from 2012 to 2024, despite some fluctuations.
In 2024, Australian braids and basketwork imports and exports experienced a downturn, with decreases in both volume and value terms. Despite this, the market size grew, indicating potential resilience and opportunity for recovery in the coming years.