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

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

The Southeast Asian non-knitted women apparel market fell sharply to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Non-Knitted Women Apparel Production in South-Eastern Asia

In value terms, non-knitted women apparel production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Non-Knitted Women Apparel Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of women's or girls' clothing (not knitted or crocheted) were finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, non-knitted women apparel exports expanded significantly to $X in 2022. Total exports indicated resilient 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. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Vietnam (X units), distantly followed by Cambodia (X units), Myanmar (X units) and Indonesia (X units) were the largest exporters of women's or girls' clothing (not knitted or crocheted), together committing X% of total exports. Thailand (X units) followed a long way behind the leaders.

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

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

In Vietnam, non-knitted women apparel exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and Indonesia (X% per year).

Export Prices by Country

The export price in South-Eastern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Cambodia ($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 a decline in the export price figures.

Non-Knitted Women Apparel Imports

Imports in South-Eastern Asia

In 2022, supplies from abroad of women's or girls' clothing (not knitted or crocheted) increased by X% to X units, rising for the second consecutive year after three years of decline. Total imports indicated noticeable growth 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, non-knitted women apparel imports soared to $X in 2022. Total imports indicated a resilient expansion 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, imports increased by X% against 2020 indices. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

Thailand was the key importer of women's or girls' clothing (not knitted or crocheted) in South-Eastern Asia, with the volume of imports accounting for X units, which was approx. X% of total imports in 2022. Malaysia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%) and the Philippines (X%). Indonesia (X units), Vietnam (X units) and Myanmar (X units) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-knitted women apparel imports into Thailand stood at X%. At the same time, Myanmar (X%), Vietnam (X%), Malaysia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Indonesia experienced a relatively flat trend pattern. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of Thailand (X p.p.), Malaysia (X p.p.), Myanmar (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Indonesia (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Thailand ($X) and Malaysia ($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%, recorded 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, jumping by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: 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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