Uruguay: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Uruguay

The Uruguayan brassiere, girdle and corset market rose sharply to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Brassiere, girdle and corset consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Brassieres, Girdles And Corsets in Uruguay

In value terms, brassiere, girdle and corset production rose markedly to $X in 2022 estimated in export price. Over the period under review, production showed a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

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Exports of Brassieres, Girdles And Corsets

Exports from Uruguay

In 2022, overseas shipments of brassieres, girdles and corsets increased by X% to X units, rising for the second year in a row after three years of decline. In general, exports, however, showed a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports soared to $X in 2022. Overall, exports, however, continue to indicate a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Peru (X units), Honduras (X units) and Paraguay (X units) were the main destinations of brassiere, girdle and corset exports from Uruguay, together accounting for X% of total exports.

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

In value terms, the largest markets for brassiere, girdle and corset exported from Uruguay were Peru ($X), Honduras ($X) and Paraguay ($X), together comprising X% of total exports.

Among the main countries of destination, Peru, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per unit in 2022, declining by X% against the previous year. In general, the export price saw a abrupt setback. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per unit), while the average price for exports to Honduras ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (X%), while the prices for the other major destinations experienced a decline.

Imports of Brassieres, Girdles And Corsets

Imports into Uruguay

In 2022, approx. X units of brassieres, girdles and corsets were imported into Uruguay; which is down by X% compared with the year before. Over the period under review, imports saw a slight slump. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports surged to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest brassiere, girdle and corset supplier to Uruguay, accounting for a X% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Brazil (X units), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Argentina (X% per year).

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Uruguay, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (X% per year) and Argentina (X% per year).

Import Prices by Country

In 2022, the average brassiere, girdle and corset import price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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