Report Update: Apr 1, 2024

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

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Price for Brassiere, Girdle and Corset in Kuwait - 2021

Price for Brassiere, Girdle and Corset in Kuwait (CIF) - 2021

The average brassiere, girdle and corset import price stood at $3.0 per unit in December 2021, shrinking by -7.9% against the previous month. In general, the import price continues to indicate a slight reduction. The growth pace was the most rapid in July 2021 when the average import price increased by 30% m-o-m. As a result, import price reached the peak level of $4.9 per unit. From August 2021 to December 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Vietnam ($6.2 per unit), while the price for Turkey ($1.5 per unit) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Brassiere, Girdle and Corset in Kuwait (FOB) - 2022

In 2022, the average brassiere, girdle and corset export price amounted to $2 per unit, shrinking by -24.9% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when the average export price increased by 115%. As a result, the export price attained the peak level of $5.2 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($4 per unit), while the average price for exports to the United Arab Emirates ($1.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+9.9%), while the prices for the other major destinations experienced a decline.

Imports of Brassiere, Girdle and Corset in Kuwait

After three years of growth, overseas purchases of brassieres, girdles and corsets decreased by -26.5% to 7.3M units in 2022. Overall, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. As a result, imports reached the peak of 9.9M units, and then dropped sharply in the following year.

In value terms, brassiere, girdle and corset imports declined rapidly to $26M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 65%. As a result, imports attained the peak of $33M, and then declined notably in the following year.

Import of Brassiere, Girdle and Corset in Kuwait (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Bangladesh	1.3	3.9	7.6	8.7	88.4%
Sri Lanka	1.4	1.4	2.6	3.0	28.9%
Vietnam	1.6	1.3	1.9	2.2	11.2%
Indonesia	0.8	0.5	1.3	1.7	28.6%
China	5.9	5.3	10.1	1.7	-34.0%
Cambodia	0.4	0.9	1.0	1.1	40.1%
Spain	0.3	0.3	0.4	0.9	44.2%
Turkey	0.6	0.7	0.7	0.8	10.1%
India	1.4	1.3	2.2	0.6	-24.6%
United Arab Emirates	1.2	0.4	0.1	0.1	-56.3%
Others	4.3	3.8	4.8	5.4	7.9%
Total	19.3	19.8	32.6	26.2	10.7%

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

Bangladesh (3386.3K units)
China (1045.7K units)
Sri Lanka (599.3K units)
Turkey (384.9K units)
Vietnam (382.6K units)
Cambodia (323.0K units)
Indonesia (169.4K units)
Spain (135.3K units)
United Arab Emirates (89.1K units)
India (82.6K units)

Exports of Brassiere, Girdle and Corset in Kuwait

In 2022, approx. 7.9K units of brassieres, girdles and corsets were exported from Kuwait; jumping by 17% against 2021. Over the period under review, exports saw prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 164%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, brassiere, girdle and corset exports fell to $16K in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $18K, and then declined in the following year.

Export of Brassiere, Girdle and Corset in Kuwait (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Saudi Arabia	10.6	12.5	9.5	11.0	1.2%
United Arab Emirates	3.0	0.5	2.2	4.3	12.7%
Iran	0.3	N/A	N/A	N/A	0%
Italy	N/A	N/A	1.3	N/A	0%
Others	0.1	0.3	5.2	0.6	81.7%
Total	14.0	13.2	18.2	15.9	4.3%

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

Saudi Arabia (4.1K units)
United Arab Emirates (3.5K units)

Source: IndexBox Market Intelligence Platform

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

Kuwait

Data coverage:

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