Russian Federation: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in the Russian Federation

The Russian brassiere, girdle and corset market reduced to $X in 2022, declining by X% against the previous year. Over the period under review, consumption, however, continues to indicate a abrupt decline. Brassiere, girdle and corset consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Brassieres, Girdles And Corsets in the Russian Federation

In value terms, brassiere, girdle and corset production contracted modestly to $X in 2022 estimated in export price. In general, production continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. Brassiere, girdle and corset production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Brassieres, Girdles And Corsets

Exports from the Russian Federation

In 2022, the amount of brassieres, girdles and corsets exported from Russia surged to X units, increasing by X% compared with the previous year. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, brassiere, girdle and corset exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Belarus (X units) was the main destination for brassiere, girdle and corset exports from Russia, accounting for a X% share of total exports. Moreover, brassiere, girdle and corset exports to Belarus exceeded the volume sent to the second major destination, Kazakhstan (X units), twofold. Ukraine (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belarus totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and Ukraine (X% per year).

In value terms, the largest markets for brassiere, girdle and corset exported from Russia were Belarus ($X), Kazakhstan ($X) and Armenia ($X), with a combined X% share of total exports.

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

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price saw a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Croatia ($X per unit), while the average price for exports to Ukraine ($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 Croatia (X%), while the prices for the other major destinations experienced a decline.

Imports of Brassieres, Girdles And Corsets

Imports into the Russian Federation

In 2022, imports of brassieres, girdles and corsets into Russia surged to X units, increasing by X% on the previous year. Overall, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest brassiere, girdle and corset supplier to Russia, with a X% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Belarus (X units), threefold. The third position in this ranking was held by Sri Lanka (X units), with a X% share.

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

In value terms, China ($X), Sri Lanka ($X) and Belarus ($X) constituted the largest brassiere, girdle and corset suppliers to Russia, with a combined X% share of total imports. Vietnam, Bangladesh, Serbia, Latvia and Turkey lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Vietnam, 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

In 2022, the average brassiere, girdle and corset import price amounted to $X per unit, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sri Lanka ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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