Report Update: May 1, 2024

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

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Price for Brassiere, Girdle and Corset in Vietnam - 2021

Price for Brassiere, Girdle and Corset in Vietnam (FOB) - 2021

The average brassiere, girdle and corset export price stood at $5.5 per unit in December 2021, approximately reflecting the previous month. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in May 2021 an increase of 0.2% against the previous month. The export price peaked at $5.5 per unit in September 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably for the major foreign markets. In December 2021, the highest price was recorded for prices to Italy ($5.5 per unit) and Belgium ($5.5 per unit), while the average price for exports to Japan ($5.4 per unit) and the United States ($5.5 per unit) were amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average brassiere, girdle and corset import price stood at $6.1 per unit in December 2021, remaining constant against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 7.3% against the previous month. The import price peaked at $6.1 per unit in July 2021; afterwards, it flattened through to December 2021.

Average prices varied noticeably amongst the major supplying countries. In December 2021, the highest price was recorded for prices from Indonesia ($6.1 per unit) and South Korea ($6.1 per unit), while the price for China ($6.1 per unit) and Thailand ($6.1 per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Brassiere, Girdle and Corset in Vietnam

In 2022, the amount of brassieres, girdles and corsets exported from Vietnam reduced to 15M units, declining by -8.8% on 2021. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, the exports reached the peak of 17M units, and then dropped in the following year.

In value terms, brassiere, girdle and corset exports reduced to $957M in 2022. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. As a result, the exports reached the peak of $1B, and then shrank in the following year.

Export of Brassiere, Girdle and Corset in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	467	459	592	538	4.8%
Japan	140	134	87.4	96.6	-11.6%
China	50.2	42.4	43.1	40.9	-6.6%
France	62.0	29.1	38.3	35.1	-17.3%
South Korea	47.7	44.6	30.2	32.8	-11.7%
Netherlands	22.3	21.8	28.1	25.5	4.6%
United Kingdom	15.5	19.4	27.2	24.8	17.0%
Germany	19.3	21.5	22.8	20.8	2.5%
Canada	12.7	13.6	19.7	18.0	12.3%
Belgium	14.3	16.2	19.4	17.7	7.4%
Taiwan (Chinese)	26.7	23.4	15.3	17.5	-13.1%
Others	105	77.9	86.5	88.9	-5.4%
Total	983	903	1,010	957	-0.9%

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

United States (8.8M units)
Japan (1.3M units)
China (0.7M units)
France (0.6M units)
Netherlands (0.4M units)
United Kingdom (0.4M units)
South Korea (0.4M units)
Canada (0.3M units)
Belgium (0.3M units)
Germany (0.3M units)
Taiwan (Chinese) (0.2M units)

Imports of Brassiere, Girdle and Corset in Vietnam

After three years of growth, supplies from abroad of brassieres, girdles and corsets decreased by -10.8% to 224K units in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +35.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, imports reached the peak of 251K units, and then contracted in the following year.

In value terms, brassiere, girdle and corset imports shrank to $15M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 32%. Imports peaked at $17M in 2021, and then contracted in the following year.

Import of Brassiere, Girdle and Corset in Vietnam (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	6.8	9.3	13.0	11.4	18.8%
Thailand	1.3	1.4	1.1	1.1	-5.4%
Singapore	0.4	0.8	1.1	0.9	31.0%
Indonesia	0.4	0.6	0.9	0.8	26.0%
Others	0.9	0.8	0.9	0.8	-3.9%
Total	9.7	12.9	17.0	15.0	15.6%

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

China (167.6K units)
Thailand (17.3K units)
Singapore (15.1K units)
Indonesia (11.4K units)

Source: IndexBox Market Intelligence Platform

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

Vietnam

Data coverage:

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