Hat and Headgear Market Overview in Kazakhstan
In value terms, hat and headgear production fell dramatically to $ in 2019 estimated in export prices. Overall, production showed a deep reduction. The most prominent rate of growth was recorded in 2015 with an increase of % against the previous year. Hat and headgear production peaked at $ in 2016; however, from 2017 to 2019, production remained at a lower figure.
The size of the hat and headgear market in Kazakhstan rose notably to $ in 2019, with an increase of % 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). The market value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 with an increase of % against the previous year. As a result, consumption attained the peak level of $. From 2017 to 2019, the growth of the market failed to regain the momentum.