Southern Asia: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Southern Asia

The South Asian non-knitted men apparel market reduced remarkably to $X in 2022, falling by X% against the previous year. Overall, consumption showed a pronounced curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Non-Knitted Men Apparel Production in Southern Asia

In value terms, non-knitted men apparel production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked 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 Southern Asia

In 2022, non-knitted men apparel exports in Southern Asia surged to X units, picking up by X% against 2021 figures. Total exports indicated a temperate increase 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 pace of growth appeared the most rapid in 2016 when exports increased by 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 men apparel exports soared to $X in 2022. Total exports 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. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Bangladesh was the largest exporter of men's or boys' clothing (not knitted or crocheted) in Southern Asia, with the volume of exports finishing at X units, which was approx. X% of total exports in 2022. Pakistan (X units) took the second position in the ranking, distantly followed by India (X units). All these countries together held approx. X% share of total exports. Sri Lanka (X units) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to non-knitted men apparel exports from Bangladesh stood at X%. At the same time, Pakistan (X%) and India (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Bangladesh, non-knitted men apparel exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (X% per year) and India (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, growing by X% against the previous year. Export price indicated a measured increase from 2012 to 2022: its price 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, non-knitted men apparel export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 Sri Lanka ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the export price figures.

Non-Knitted Men Apparel Imports

Imports in Southern Asia

In 2022, non-knitted men apparel imports in Southern Asia dropped to X units, with a decrease of X% compared with the year before. Overall, imports, however, showed a strong expansion. The growth pace was the most rapid in 2014 when imports increased by X%. The volume of import peaked at X units in 2021, and then reduced in the following year.

In value terms, non-knitted men apparel imports soared to $X in 2022. Over the period under review, imports, however, showed a strong expansion. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

India dominates imports structure, resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Nepal (X units) and Pakistan (X units), together comprising a X% share of total imports. Bangladesh (X units) and Sri Lanka (X units) held a little share of total imports.

India was also the fastest-growing in terms of the men's or boys' clothing (not knitted or crocheted) imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%), Pakistan (X%) and Sri Lanka (X%) displayed positive paces of growth. By contrast, Nepal (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total imports, while Sri Lanka, Pakistan and Nepal saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported men's or boys' clothing (not knitted or crocheted) in Southern Asia, comprising X% of total imports. The second position in the ranking was taken by Nepal ($X), with an X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Nepal (X% per year) and Bangladesh (X% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, jumping by X% against the previous year. Overall, the import price, however, showed a pronounced reduction. Over the period under review, import prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 Bangladesh ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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