South Africa: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in South Africa

The South African brassiere, girdle and corset market rose notably to $X in 2022, increasing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Production of Brassieres, Girdles And Corsets in South Africa

In value terms, brassiere, girdle and corset production amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from South Africa

Brassiere, girdle and corset exports from South Africa fell to X units in 2022, shrinking by X% against the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X units, and then shrank in the following year.

In value terms, brassiere, girdle and corset exports contracted slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X, and then contracted modestly in the following year.

Exports by Country

Namibia (X units), Botswana (X units) and Swaziland (X units) were the main destinations of brassiere, girdle and corset exports from South Africa, with a combined X% share of total exports. Lesotho, Kenya, Mauritius and Zambia 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 Mauritius (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Namibia ($X), Botswana ($X) and Lesotho ($X) were the largest markets for brassiere, girdle and corset exported from South Africa worldwide, with a combined X% share of total exports. Swaziland, Kenya, Mauritius and Zambia lagged somewhat behind, together comprising a further X%.

Mauritius, 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, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Kenya ($X per unit) and Botswana ($X per unit), while the average price for exports to Zambia ($X per unit) and Swaziland ($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 Botswana (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into South Africa

In 2022, brassiere, girdle and corset imports into South Africa declined slightly to X units, falling by X% compared with the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, brassiere, girdle and corset imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) was the main brassiere, girdle and corset supplier to South Africa, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to X%.

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to South Africa.

From 2012 to 2022, the average annual growth rate of value from China totaled X%.

Import Prices by Country

The average brassiere, girdle and corset import price stood at $X per unit in 2022, rising by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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