Hong Kong SAR, China - Brassieres, Girdles And Corsets - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Hong Kong SAR, China - Brassieres, Girdles And Corsets - Market Analysis, Forecast, Size, Trends and Insights

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Price for Brassiere, Girdle and Corset in Hong Kong SAR - 2023

Contents:

  1. Price for Brassiere, Girdle and Corset in Hong Kong SAR (FOB) - 2023
  2. Price for Brassiere, Girdle and Corset in Hong Kong SAR (CIF) - 2023
  3. Exports of Brassiere, Girdle and Corset in Hong Kong SAR
  4. Imports of Brassiere, Girdle and Corset in Hong Kong SAR

Price for Brassiere, Girdle and Corset in Hong Kong SAR (FOB) - 2023

In June 2023, the average brassiere, girdle and corset export price amounted to $7.4 per unit, increasing by 2.5% against the previous month. In general, the export price, however, saw a slight descent. Over the period under review, the average export prices attained the maximum at $9.0 per unit in July 2022; however, from August 2022 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In June 2023, the countries with the highest prices were the United States ($8.2 per unit) and Canada ($7.7 per unit), while the average price for exports to the Netherlands ($7.2 per unit) and the United Arab Emirates ($7.2 per unit) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (0.0%), while the prices for the other major destinations experienced a decline.

Price for Brassiere, Girdle and Corset in Hong Kong SAR (CIF) - 2023

In June 2023, the average brassiere, girdle and corset import price amounted to $6.0 per unit, approximately mirroring the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 0.5% against the previous month. The import price peaked at $6.1 per unit in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was China ($6.0 per unit), while the price for Vietnam amounted to $6.0 per unit.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (-0.0%).

Exports of Brassiere, Girdle and Corset in Hong Kong SAR

In 2022, exports of brassieres, girdles and corsets from Hong Kong SAR reduced sharply to 2.4M units, falling by -48.3% on 2021 figures. Over the period under review, exports saw a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports attained the maximum at 8.1M units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports fell dramatically to $243M in 2022. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked at $692M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Brassiere, Girdle and Corset in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States33715617498.9-33.5%
Japan60.540.443.221.4-29.3%
Germany44.233.838.617.4-26.7%
United Kingdom44.226.525.614.5-31.0%
France39.530.819.113.3-30.4%
Belgium11.615.226.111.80.6%
Canada26.114.723.010.4-26.4%
Netherlands14.510.217.57.9-18.3%
Australia11.26.110.04.6-25.7%
Sweden10.68.68.24.1-27.1%
China7.77.88.23.9-20.3%
Others85.155.068.635.0-25.6%
Total692405462243-29.4%

Top Export Markets for Brassiere, Girdle and Corset from Hong Kong SAR in 2022:

  1. United States (995.6K units)
  2. Japan (212.7K units)
  3. Germany (170.2K units)
  4. United Kingdom (143.1K units)
  5. France (132.6K units)
  6. Belgium (109.2K units)
  7. Canada (96.2K units)
  8. Netherlands (73.2K units)
  9. Australia (42.1K units)
  10. Sweden (40.6K units)
  11. China (36.3K units)

Imports of Brassiere, Girdle and Corset in Hong Kong SAR

In 2022, brassiere, girdle and corset imports into Hong Kong SAR declined dramatically to 2.9M units, waning by -50.1% compared with 2021. In general, imports showed a significant decline. The growth pace was the most rapid in 2021 with an increase of 8.9% against the previous year. Imports peaked at 8.5M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports plummeted to $206M in 2022. Over the period under review, imports saw a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. Imports peaked at $502M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Brassiere, Girdle and Corset in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China473313360190-26.2%
Vietnam8.06.79.95.0-14.5%
Others21.412.320.611.3-19.2%
Total502332390206-25.7%

Top Suppliers of Brassiere, Girdle and Corset to Hong Kong SAR in 2022:

  1. China (2690.5K units)
  2. Vietnam (65.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for brassiere, girdle and corset in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14142530 - Brassieres
  • Prodcom 14142550 - Girdles, panty-girdles and corselettes (including bodies with adjustable straps)

Country coverage:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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