Ecuador: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Ecuador

The Ecuadorian brassiere, girdle and corset market reached $X in 2022, with an increase of X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Production of Brassieres, Girdles And Corsets in Ecuador

In value terms, brassiere, girdle and corset production expanded sharply to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. Brassiere, girdle and corset production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Ecuador

In 2022, overseas shipments of brassieres, girdles and corsets decreased by X% to X units, falling for the third year in a row after two years of growth. Overall, exports, however, enjoyed a pronounced expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, brassiere, girdle and corset exports reduced remarkably to $X in 2022. Over the period under review, exports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), Peru (X units) and Colombia (X units) were the main destinations of brassiere, girdle and corset exports from Ecuador, together comprising X% of total exports. Chile and Guatemala lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest markets for brassiere, girdle and corset exported from Ecuador were Peru ($X), the United States ($X) and Colombia ($X), together accounting for X% of total exports. Chile and Guatemala lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

In 2022, the average brassiere, girdle and corset export price amounted to $X per unit, increasing by X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while the average price for exports to Guatemala ($X 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 Colombia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brassieres, Girdles And Corsets

Imports into Ecuador

In 2022, overseas purchases of brassieres, girdles and corsets increased by X% to X units, rising for the second consecutive year after two years of decline. In general, total imports indicated a buoyant increase 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 most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports reached $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of brassiere, girdle and corset to Ecuador, accounting for a X% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Colombia (X units), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Colombia (X% per year) and Panama (X% per year).

In value terms, Colombia ($X) constituted the largest supplier of brassieres, girdles and corsets to Ecuador, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Colombia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Panama (X% per year).

Import Prices by Country

In 2022, the average brassiere, girdle and corset import price amounted to $X per unit, rising by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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