Plaits and Basketwork Market Overview in France
Market Overview
In 2019, the French plaits and basketwork market increased by 
% to $, rising for the third consecutive year after two years of decline. In general, consumption, however, showed a pronounced slump. Plaits and basketwork consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
In value terms, plaits and basketwork production totaled $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of % y-o-y. As a result, production attained the peak level of $. From 2010 to 2019, production growth failed to regain the momentum.
% to $, rising for the third consecutive year after two years of decline. In general, consumption, however, showed a pronounced slump. Plaits and basketwork consumption peaked at $ in 2007; however, from 2008 to 2019, consumption remained at a lower figure.In value terms, plaits and basketwork production totaled $
in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of % y-o-y. As a result, production attained the peak level of $. From 2010 to 2019, production growth failed to regain the momentum.Consumption
In 2019, consumption of plaits, basketwork, wickerwork and similar products of plaiting materials increased by % to tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a perceptible contraction. Plaits and basketwork consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
The revenue of the plaits and basketwork market in France rose markedly to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a perceptible decline. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.
% to tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, consumption, however, continues to indicate a perceptible contraction. Plaits and basketwork consumption peaked at tonnes in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.The revenue of the plaits and basketwork market in France rose markedly to $
in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, showed a perceptible decline. Over the period under review, the market attained the peak level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.Market Forecast
Depressed by shrinking demand for plaits and basketwork in France, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .
% for the period from 2019 to , which is projected to depress the market volume to tonnes by the end of .Market Structure
Plaits and basketwork market in France consists almost entirely of imported products.
Trade Balance
France remains a net importer of plaits and basketwork; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
tonnes, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
Download XLSX
Download all the data in the form of a report