Report Vietnam - Babies Clothing and Accessories (Not Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Vietnam - Babies Clothing and Accessories (Not Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Vietnam: Baby Clothes Market 2023

Baby Clothes Market Size in Vietnam

In 2021, the Vietnamese baby clothes market decreased by -12.4% to $X, falling for the third consecutive year after two years of growth. Overall, consumption recorded a abrupt downturn. Baby clothes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Baby Clothes Production in Vietnam

In value terms, baby clothes production rose modestly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced reduction. The pace of growth was the most pronounced in 2017 when the production volume increased by 3.1% against the previous year. Baby clothes production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Baby Clothes Exports

Exports from Vietnam

After five years of decline, overseas shipments of babies clothing and accessories (not knitted or crocheted) increased by 11% to X units in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when exports increased by 20% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, baby clothes exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for baby clothes exports from Vietnam, with a 60% share of total exports. Moreover, baby clothes exports to the United States exceeded the volume sent to the second major destination, Spain (X units), sixfold. The third position in this ranking was held by Germany (X units), with a 4.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+5.0% per year) and Germany (+9.0% per year).

In value terms, the United States ($X) remains the key foreign market for baby clothes exports from Vietnam, comprising 61% of total exports. The second position in the ranking was held by Spain ($X), with an 8% share of total exports. It was followed by Germany, with a 4.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States amounted to +3.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+5.0% per year) and Germany (+14.8% per year).

Export Prices by Country

In 2021, the average baby clothes export price amounted to $X per unit, with an increase of 6% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2017 when the average export price increased by 14% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per unit), while the average price for exports to Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+23.6%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Clothes Imports

Imports into Vietnam

Baby clothes imports into Vietnam skyrocketed to X units in 2021, increasing by 238% on 2020. Over the period under review, imports posted a prominent increase. Over the period under review, imports attained the maximum at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, baby clothes imports surged to $X in 2021. In general, imports recorded a modest increase. The growth pace was the most rapid in 2014 with an increase of 162%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the United Arab Emirates (X units) and Bangladesh (X units) were the main suppliers of baby clothes imports to Vietnam, with a combined 76% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United Arab Emirates (with a CAGR of +93.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of baby clothes to Vietnam, comprising 52% of total imports. The second position in the ranking was taken by Bangladesh ($X), with an 11% share of total imports. It was followed by South Korea, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +18.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-0.5% per year) and South Korea (+3.2% per year).

Import Prices by Country

In 2021, the average baby clothes import price amounted to $X per unit, with a decrease of -41.5% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 32%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Thailand ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for babies clothing and accessories (not knitted or crocheted) in the world?
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Brazil constituted the country with the largest volume of baby clothes consumption, comprising approx. 30% of total volume. Moreover, baby clothes consumption in Brazil exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 9% share.
What are the largest producers of babies clothing and accessories (not knitted or crocheted) in the world?
+
The countries with the highest volumes of production in 2021 were Brazil, China and India, together accounting for 55% of global production.
What are the leading suppliers of babies clothing and accessories (not knitted or crocheted) to Vietnam?
+
In value terms, China constituted the largest supplier of baby clothes to Vietnam, comprising 52% of total imports. The second position in the ranking was taken by Bangladesh, with an 11% share of total imports. It was followed by South Korea, with a 6.6% share.
What are the leading importers of babies clothing and accessories (not knitted or crocheted) from Vietnam?
+
In value terms, the United States remains the key foreign market for baby clothes exports from Vietnam, comprising 61% of total exports. The second position in the ranking was taken by Spain, with an 8% share of total exports. It was followed by Germany, with a 4.7% share.
What is the average export price for babies clothing and accessories (not knitted or crocheted) in Vietnam?
+
The average baby clothes export price stood at $31 per unit in 2021, surging by 6% against the previous year.
What is the average import price for babies clothing and accessories (not knitted or crocheted) in Vietnam?
+
In 2021, the average baby clothes import price amounted to $20 per unit, declining by -41.5% against the previous year.

This report provides an in-depth analysis of the baby clothes market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:
• Prodcom 14192150 - Babies clothing and accessories, of textiles, not knitted or crocheted (for children of height . .86 cm) i ncluding vests, r ompers, underpants, stretch-suits, gloves, mittens and outerwear (excluding sanitary towels and napkins and similar articles)
Country coverage:
• Vietnam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Vietnam
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2012-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
Figure 5:
Trade Balance, In Physical Terms, 2012-2022
Figure 6:
Trade Balance, In Value Terms, 2012-2022
Figure 7:
Per Capita Consumption, 2012-2022
Figure 8:
Market Volume Forecast to 2030
Figure 9:
Market Value Forecast to 2030
Figure 10:
Products: Market Size And Growth, By Type
Figure 11:
Products: Average Per Capita Consumption, By Type
Figure 12:
Products: Exports And Growth, By Type
Figure 13:
Products: Export Prices And Growth, By Type
Figure 14:
Production Volume And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, 2012–2022
Figure 24:
Imports, In Value Terms, 2012–2022
Figure 25:
Imports, In Physical Terms, By Country, 2022
Figure 26:
Imports, In Physical Terms, By Country, 2012–2022
Figure 27:
Imports, In Value Terms, By Country, 2012–2022
Figure 28:
Import Prices, By Country Of Origin, 2012–2022
Figure 29:
Exports, In Physical Terms, 2012–2022
Figure 30:
Exports, In Value Terms, 2012–2022
Figure 31:
Exports, In Physical Terms, By Country, 2022
Figure 32:
Exports, In Physical Terms, By Country, 2012–2022
Figure 33:
Exports, In Value Terms, By Country, 2012–2022
Figure 34:
Export Prices, By Country Of Destination, 2012–2022
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