Which Country Exports the Most Brassieres and Corsets in the World?

IndexBox has just published a new report "World: Brassieres, Girdles And Corsets - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the global corset imports totaled 412K tonnes, coming up by 2% against the previous year figure. The total import volume increased at an average annual rate of +1.3% from 2007 to 2016- the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010, when import increased by 10% y-o-y. Global corset import peaked in 2016, and are likely to continue its growth in the immediate term.

In value terms, corset imports amounted to $12B in 2016. The total import value increased at an average annual rate of +2.4% over the period from 2007 to 2016- the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, global corset imports reached its maximum level of $12B in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

Top Corset Importing Countries in the World

1. USA (2,846.0 million USD)

2. China, Hong Kong SAR (915.9 million USD)

3. Japan (852.9 million USD)

4. Germany (789.5 million USD)

5. France (665.3 million USD)

6. United Kingdom (614.3 million USD)

7. Spain (266.2 million USD)

8. Australia (165.2 million USD)

9. China (135.9 million USD)

10. Bangladesh (67.7 million USD)

11. Sri Lanka (44.9 million USD)

12. Indonesia (42.6 million USD)

Corset Imports By Country

In 2016, the U.S. (70K tonnes), and China (51K tonnes) were the largest importers of corset in the globe, together creating 29% of total imports. China, Hong Kong SAR (27K tonnes) held the second position in the ranking, followed by the UK (21K tonnes). All these countries together took approx. 12% share of total imports. The following importers - Japan (18K tonnes), Germany (15K tonnes), Indonesia (15K tonnes), France (13K tonnes), Bangladesh (12K tonnes), Sri Lanka (12K tonnes), Australia (7.7K tonnes), and Spain (7K tonnes) together made up 24% of total imports.

From 2007 to 2016, the most notable growth rate of corset imports, among the main importing countries, was attained by Australia (+11.2% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($2.8B) constitutes the largest market for imported corset worldwide, making up 25% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($916M), with the share of 8% of global imports. It was followed by Japan, with the share of 7%.

From 2007 to 2016, the average annual rate of growth in terms of value of corset imports in the U.S. stood at +3.5%. The remaining importing countries recorded the following average annual rates: China, Hong Kong SAR (+1.2% per year) and Japan (+5.1% per year).

Corset Import Prices By Country

In 2016, the average import price for corset amounted to $28 per kg, lowering by -2.4% against the previous year. Over the last nine years it increased at an average annual rate of +1.1%.The pace of growth appeared the most rapid in 2008, an increase of 12% y-o-y. Global corset import peaked of $30 per kg in 2014- however, from 2015 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Germany ($52 per kg), while China ($2,690 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of corset import prices was attained by Bangladesh (+33.6% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global corset market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• corset market share
• corset prices
• corset industry
• corset sales
• corset import
• corset export
• corset market forecast
• corset price forecast
• key corset producers

All data provided in this article covers the following product: HS Code 6212 - Brassieres, girdles, corsets, braces, suspenders, garters and similar articles and parts thereof- whether or not knitted or crocheted.

Source: World: Brassieres, Girdles And Corsets - Market Report. Analysis and Forecast to 2025