Malaysia: Women Swimwear Market 2024

Women Swimwear Market Size in Malaysia

The Malaysian women swimwear market contracted to $X in 2022, dropping by X% against the previous year. In general, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Women Swimwear Production in Malaysia

In value terms, women swimwear production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

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Women Swimwear Exports

Exports from Malaysia

In 2022, the amount of womens swimwear (excluding of knitted or crocheted textiles) exported from Malaysia soared to X units, rising by X% against the previous year. Over the period under review, exports continue to indicate a noticeable expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, women swimwear exports skyrocketed to $X in 2022. In general, exports saw a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X units) was the main destination for women swimwear exports from Malaysia, with a X% share of total exports. Moreover, women swimwear exports to Singapore exceeded the volume sent to the second major destination, the United States (X units), fivefold. The third position in this ranking was held by Sweden (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Sweden (X% per year).

In value terms, Singapore ($X) remains the key foreign market for womens swimwear (excluding of knitted or crocheted textiles) exports from Malaysia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with an X% share of total exports. It was followed by Sweden, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Sweden (X% per year).

Export Prices by Country

The average women swimwear export price stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Spain ($X per unit) and the United States ($X per unit), while the average price for exports to Indonesia ($X per unit) and Italy ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Swimwear Imports

Imports into Malaysia

After four years of decline, supplies from abroad of womens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units in 2022. Overall, imports showed a noticeable increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, women swimwear imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed notable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Turkey (X units) and Singapore (X units) were the main suppliers of women swimwear imports to Malaysia, together accounting for X% of total imports. Italy, India and Hong Kong SAR lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Singapore ($X) appeared to be the largest women swimwear suppliers to Malaysia, with a combined X% share of total imports.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to 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 average women swimwear import price stood at $X per unit in 2022, stabilizing at the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per unit in 2015; however, from 2016 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 Italy ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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