Asia: Market for Scissors and Tailor Shears 2024

Market Size for Scissors and Tailor Shears in Asia

The Asian scissors and tailor shears market contracted to $X in 2023, reducing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Production of Scissors and Tailor Shears in Asia

In value terms, scissors and tailor shears production totaled $X in 2023 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

Exports of Scissors and Tailor Shears

Exports in Asia

In 2023, overseas shipments of scissors and tailor shears increased by X% to X units, rising for the seventh year in a row after four years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of export peaked in 2023 and is likely to see gradual growth in years to come.

In value terms, scissors and tailor shears exports declined to $X in 2023. Total exports indicated a notable increase 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. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2022, and then reduced in the following year.

Exports by Country

China prevails in exports structure, reaching X units, which was approx. X% of total exports in 2023. Taiwan (Chinese) (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the scissors and tailor shears exports, with a CAGR of X% from 2012 to 2023. At the same time, Taiwan (Chinese) (X%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest scissors and tailor shears supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of total exports.

In China, scissors and tailor shears exports increased at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in Asia amounted to $X per unit, which is down by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2022, and then contracted in the following year.

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 Taiwan (Chinese) ($X per unit), while China amounted to $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%).

Imports of Scissors and Tailor Shears

Imports in Asia

In 2023, overseas purchases of scissors and tailor shears decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. Total imports indicated a perceptible expansion from 2012 to 2023: its volume 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The volume of import peaked at X units in 2022, and then shrank slightly in the following year.

In value terms, scissors and tailor shears imports dropped to $X in 2023. Total imports indicated a modest increase 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. The most prominent rate of growth was recorded in 2015 when imports increased by X%. The level of import peaked at $X in 2022, and then dropped in the following year.

Imports by Country

The purchases of the six major importers of scissors and tailor shears, namely India, Vietnam, Indonesia, Japan, South Korea and Thailand, represented more than two-thirds of total import. The following importers - the United Arab Emirates (X units), Turkey (X units), Malaysia (X units), Iraq (X units), Taiwan (Chinese) (X units), Iran (X units) and Bangladesh (X units) - together made up X% of total imports.

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

In value terms, Vietnam ($X), Japan ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of total imports. India, the United Arab Emirates, Indonesia, Turkey, Thailand, Taiwan (Chinese), Iraq, Malaysia, Bangladesh and Iran lagged somewhat behind, together comprising a further X%.

Bangladesh, with a CAGR of X%, recorded the highest growth rate of 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 Asia stood at $X per unit in 2023, falling by X% against the previous year. Overall, the import price recorded a mild descent. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked 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 Japan ($X per unit), while India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform