Asia-Pacific: Non-Knitted Women Apparel Market 2024

Non-Knitted Women Apparel Market Size in Asia-Pacific

The Asia-Pacific non-knitted women apparel market dropped to $X in 2022, shrinking by X% against the previous year. Overall, consumption showed a mild slump. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Non-Knitted Women Apparel Production in Asia-Pacific

In value terms, non-knitted women apparel production contracted modestly to $X in 2022 estimated in export price. The total output value 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. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Non-Knitted Women Apparel Exports

Exports in Asia-Pacific

In 2022, non-knitted women apparel exports in Asia-Pacific rose rapidly to X units, with an increase of X% against the previous year's figure. Total exports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, non-knitted women apparel exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

China represented the main exporting country with an export of around X units, which accounted for X% of total exports. Bangladesh (X units) took the second position in the ranking, distantly followed by India (X units) and Vietnam (X units). All these countries together took near X% share of total exports. The following exporters - Cambodia (X units) and Myanmar (X units) - each amounted to a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-knitted women apparel exports from China stood at X%. At the same time, Myanmar (X%), Vietnam (X%), Cambodia (X%), Bangladesh (X%) and India (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. Vietnam (X p.p.), Bangladesh (X p.p.) and Myanmar (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-knitted women apparel supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports. It was followed by Vietnam, with a X% share.

In China, non-knitted women apparel exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 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 Vietnam ($X per unit), while Cambodia ($X per unit) 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 more modest paces of growth.

Non-Knitted Women Apparel Imports

Imports in Asia-Pacific

In 2022, approx. X units of women's or girls' clothing (not knitted or crocheted) were imported in Asia-Pacific; increasing by X% against the year before. Total imports indicated a modest expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-knitted women apparel imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Japan (X units), distantly followed by South Korea (X units), Australia (X units), Hong Kong SAR (X units), Thailand (X units) and China (X units) represented the key importers of women's or girls' clothing (not knitted or crocheted), together generating X% of total imports. The following importers - Taiwan (Chinese) (X units), India (X units) and Malaysia (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-knitted women apparel importing markets in Asia-Pacific were Japan ($X), South Korea ($X) and China ($X), with a combined X% share of total imports. Hong Kong SAR, Australia, Taiwan (Chinese), India, Thailand and Malaysia lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in Asia-Pacific stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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