Asia-Pacific: Baby Clothes Market 2024

Baby Clothes Market Size in Asia-Pacific

The Asia-Pacific baby clothes market reduced to $X in 2022, waning by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Baby Clothes Production in Asia-Pacific

In value terms, baby clothes production declined slightly to $X in 2022 estimated in export price. Overall, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Baby Clothes Exports

Exports in Asia-Pacific

In 2022, shipments abroad of babies clothing and accessories (not knitted or crocheted) increased by X% to X tons, rising for the second consecutive year after four years of decline. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, baby clothes exports skyrocketed to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, Bangladesh (X tons) and China (X tons) were the major exporters of babies clothing and accessories (not knitted or crocheted) in Asia-Pacific, together accounting for approx. X% of total exports. India (X tons) took the next position in the ranking, followed by Indonesia (X tons) and Vietnam (X tons). All these countries together held approx. X% share of total exports. Thailand (X tons) and Cambodia (X tons) took a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Cambodia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest baby clothes supplying countries in Asia-Pacific were Bangladesh ($X), China ($X) and India ($X), together comprising X% of total exports. Vietnam, Indonesia, Cambodia and Thailand lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the export price figures.

Baby Clothes Imports

Imports in Asia-Pacific

In 2022, baby clothes imports in Asia-Pacific skyrocketed to X tons, jumping by X% against the previous year. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, baby clothes imports amounted to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia was the key importing country with an import of around X tons, which finished at X% of total imports. Thailand (X tons) ranks second in terms of the total imports with a X% share, followed by Japan (X%) and Australia (X%). South Korea (X tons), Brunei Darussalam (X tons), Afghanistan (X tons), Singapore (X tons), India (X tons), Nepal (X tons) and China (X tons) followed a long way behind the leaders.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Thailand (X%), Afghanistan (X%), India (X%), Nepal (X%) and Brunei Darussalam (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing importer imported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Japan (X%), Australia (X%), South Korea (X%), China (X%) and Singapore (X%) illustrated a downward trend over the same period. Malaysia (X p.p.), Thailand (X p.p.) and Afghanistan (X p.p.) significantly strengthened its position in terms of the total imports, while China, South Korea, Singapore, Japan and Australia saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X), Japan ($X) and Australia ($X) were the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Thailand, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Asia-Pacific amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then fell notably in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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