South-Eastern Asia: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in South-Eastern Asia

The Southeast Asian non-knitted men apparel market contracted to $X in 2022, falling by X% against the previous year. Overall, consumption showed a perceptible contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in South-Eastern Asia

In value terms, non-knitted men apparel production contracted to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

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Non-Knitted Men Apparel Exports

Exports in South-Eastern Asia

In 2022, exports of men's or boys' clothing (not knitted or crocheted) in South-Eastern Asia skyrocketed to X units, with an increase of X% on 2021. Total exports indicated a buoyant 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in years to come.

In value terms, non-knitted men apparel exports skyrocketed to $X in 2022. Total exports indicated a remarkable increase from 2012 to 2022: its value 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 2020 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in the near future.

Exports by Country

Vietnam (X units) and Myanmar (X units) were the key exporters of men's or boys' clothing (not knitted or crocheted) in 2022, resulting at approx. X% and X% of total exports, respectively. Cambodia (X units) ranks next in terms of the total exports with an X% share, followed by Indonesia (X%). The following exporters - Thailand (X units), Singapore (X units) and Lao People's Democratic Republic (X units) - each finished at a X% share of total exports.

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

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

From 2012 to 2022, the average annual growth rate of value in Vietnam amounted to X%. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and Myanmar (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Non-Knitted Men Apparel Imports

Imports in South-Eastern Asia

In 2022, non-knitted men apparel imports in South-Eastern Asia skyrocketed to X units, increasing by X% compared with the previous year's figure. Over the period under review, imports posted a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, non-knitted men apparel imports skyrocketed to $X in 2022. Total imports indicated strong growth from 2012 to 2022: its value 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Philippines (X units), distantly followed by Thailand (X units), Malaysia (X units) and Singapore (X units) represented the largest importers of men's or boys' clothing (not knitted or crocheted), together mixing up X% of total imports. The following importers - Myanmar (X units), Indonesia (X units) and Vietnam (X units) - together made up X% of total imports.

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

In value terms, Singapore ($X), Malaysia ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. The Philippines, Indonesia, Vietnam and Myanmar lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 South-Eastern Asia stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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