Report Update: Apr 1, 2024

Hungary - Brassieres, Girdles And Corsets - Market Analysis, Forecast, Size, Trends and Insights

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Price for Brassiere, Girdle and Corset in Hungary - 2023

Price for Brassiere, Girdle and Corset in Hungary (CIF) - 2023

The average brassiere, girdle and corset import price stood at $5.3 per unit in June 2023, with a decrease of -9.4% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in March 2023 an increase of 37% month-to-month. As a result, import price reached the peak level of $6.1 per unit. From April 2023 to June 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($14.5 per unit), while the price for China ($1.8 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Croatia (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brassiere, Girdle and Corset in Hungary (FOB) - 2023

The average brassiere, girdle and corset export price stood at $5.2 per unit in June 2023, picking up by 1.7% against the previous month. In general, export price indicated a tangible expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, brassiere, girdle and corset export price decreased by -35.4% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 62% against the previous month. The export price peaked at $8.1 per unit in April 2023; however, from May 2023 to June 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Germany ($13.2 per unit), while the average price for exports to Bulgaria ($2.3 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassiere, Girdle and Corset in Hungary

In 2022, overseas purchases of brassieres, girdles and corsets were finally on the rise to reach 862K units after two years of decline. In general, imports, however, recorded a pronounced descent. Over the period under review, imports reached the peak figure at 973K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, brassiere, girdle and corset imports rose to $50M in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked at $51M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Brassiere, Girdle and Corset in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	16.5	11.6	13.9	14.2	-4.9%
Germany	7.6	8.5	9.2	9.5	7.7%
China	5.1	2.9	3.0	7.8	15.2%
Italy	2.5	2.5	3.4	3.8	15.0%
Poland	5.4	5.3	6.5	3.8	-11.1%
Slovakia	2.9	2.5	2.7	2.8	-1.2%
Romania	2.0	1.6	2.0	1.9	-1.7%
Spain	1.2	0.8	1.0	1.8	14.5%
Others	7.9	6.0	6.4	4.9	-14.7%
Total	51.1	41.7	48.1	50.4	-0.5%

Top Suppliers of Brassiere, Girdle and Corset to Hungary in 2022:

China (298.9K units)
Germany (124.7K units)
Austria (113.6K units)
Poland (111.8K units)
Slovakia (59.1K units)
Italy (41.7K units)
Spain (26.3K units)
Romania (26.2K units)

Exports of Brassiere, Girdle and Corset in Hungary

In 2022, the amount of brassieres, girdles and corsets exported from Hungary reduced to 495K units, with a decrease of -11.4% compared with the previous year's figure. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. As a result, the exports reached the peak of 558K units, and then fell in the following year.

In value terms, brassiere, girdle and corset exports shrank significantly to $34M in 2022. In general, exports saw a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked at $50M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Brassiere, Girdle and Corset in Hungary (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	25.0	16.8	22.0	14.0	-17.6%
Austria	6.9	3.7	4.8	5.4	-7.8%
Romania	3.6	2.9	6.2	4.3	6.1%
Croatia	1.9	2.6	2.8	1.2	-14.2%
Italy	0.7	1.0	0.9	0.9	8.7%
Serbia	0.1	0.1	0.4	0.9	108.0%
Bulgaria	1.7	2.0	2.1	0.9	-19.1%
Slovakia	0.4	0.4	1.0	0.8	26.0%
Ukraine	1.0	0.4	0.1	0.1	-53.6%
Others	8.8	6.4	5.9	5.2	-16.1%
Total	50.1	36.3	46.2	33.7	-12.4%

Top Export Markets for Brassiere, Girdle and Corset from Hungary in 2022:

Romania (148.9K units)
Germany (97.3K units)
Austria (46.5K units)
Croatia (36.6K units)
Serbia (33.5K units)
Slovakia (30.1K units)
Italy (23.4K units)
Bulgaria (17.2K units)
Ukraine (2.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for brassiere, girdle and corset in Hungary. 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:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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