South-Eastern Asia: Pantyhose Market 2022

Pantyhose Market Size in South-Eastern Asia

The Southeast Asian pantyhose market was finally on the rise to reach $X in 2020, after three years of decline. In general, consumption, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. from 2012 to 2020, the growth of the market remained at a lower figure.

Pantyhose Production in South-Eastern Asia

In value terms, pantyhose production expanded remarkably to $X in 2020 estimated in export prices. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the production volume increased by X% year-to-year. As a result, production reached the peak level of $X. from 2012 to 2020, production growth failed to regain the momentum.

Production By Country in South-Eastern Asia

The countries with the highest volumes of pantyhose production in 2020 were Indonesia (X pairs), the Philippines (X pairs) and Vietnam (X pairs), together accounting for X% of total production.

From 2007 to 2020, the biggest increases were in Vietnam, while pantyhose production for the other leaders experienced more modest paces of growth.

Pantyhose Exports

Exports in South-Eastern Asia

In 2020, the amount of pantyhose and tights exported in South-Eastern Asia surged to X pairs, rising by X% compared with 2019 figures. Overall, exports posted a resilient increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pantyhose exports soared to $X in 2020. Over the period under review, exports showed buoyant growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2020, Indonesia (X pairs) was the largest exporter of pantyhose and tights, making up X% of total exports. Cambodia (X pairs) held a X% share (based on tonnes) of total exports, which put it in second place, followed by the Philippines (X%) and Vietnam (X%). The following exporters - Thailand (X pairs), Myanmar (X pairs) and Malaysia (X pairs) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to pantyhose exports from Indonesia stood at +X%. At the same time, Myanmar (+X%), Vietnam (+X%), Malaysia (+X%), the Philippines (+X%), Cambodia (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of +X% from 2007-2020. Indonesia (+X p.p.), Vietnam (+X p.p.) and Myanmar (+X p.p.) significantly strengthened its position in terms of the total exports, while the Philippines, Cambodia and Thailand saw its share reduced by -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest pantyhose supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of total exports. It was followed by Cambodia, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Indonesia totaled +X%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and Cambodia (+X% per year).

Export Prices by Country

In 2020, the pantyhose export price in South-Eastern Asia amounted to $X per pair, dropping by -X% against the previous year. In general, the export price continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2014 an increase of X% year-to-year. Over the period under review, export prices hit record highs at $X per pair in 2007; however, from 2008 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Thailand ($X per pair), while Indonesia ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced mixed trends in the export price figures.

Pantyhose Imports

Imports in South-Eastern Asia

In 2020, approx. X pairs of pantyhose and tights were imported in South-Eastern Asia; with an increase of X% on the previous year's figure. Overall, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The volume of import peaked at X pairs in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, pantyhose imports expanded notably to $X in 2020. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in years to come.

Imports by Country

In 2020, Malaysia (X pairs), Timor-Leste (X pairs) and the Philippines (X pairs) represented the main importer of pantyhose and tights in South-Eastern Asia, creating X% of total import. It was distantly followed by Thailand (X pairs), Vietnam (X pairs) and Indonesia (X pairs), together mixing up a X% share of total imports. Singapore (X pairs) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Timor-Leste, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest pantyhose importing markets in South-Eastern Asia were Timor-Leste ($X), Malaysia ($X) and the Philippines ($X), with a combined X% share of total imports.

In terms of the main importing countries, Timor-Leste (+X% per year) saw the highest growth rate of 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 pantyhose import price in South-Eastern Asia stood at $X per pair in 2020, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a mild setback. The pace of growth was the most pronounced in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per pair in 2015; however, from 2016 to 2020, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per pair), while Malaysia ($X per pair) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Timor-Leste, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform