Vietnam: Women Swimwear Market 2024

Women Swimwear Market Size in Vietnam

The Vietnamese women swimwear market reached $X in 2022, growing by X% against the previous year. Overall, consumption, however, recorded a noticeable curtailment. Women swimwear consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Women Swimwear Production in Vietnam

In value terms, women swimwear production reduced to $X in 2022 estimated in export price. In general, production, however, recorded temperate growth. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Women Swimwear Exports

Exports from Vietnam

Women swimwear exports from Vietnam dropped dramatically to X units in 2022, which is down by X% against 2021 figures. Over the period under review, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, women swimwear exports declined sharply to $X in 2022. Overall, exports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units), France (X units) and Mexico (X units) were the main destinations of women swimwear exports from Vietnam, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) emerged as the key foreign market for womens swimwear (excluding of knitted or crocheted textiles) exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Mexico, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Mexico (X% per year).

Export Prices by Country

The average women swimwear export price stood at $X per unit in 2022, rising by X% against the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to France ($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 Brazil (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Swimwear Imports

Imports into Vietnam

Women swimwear imports into Vietnam reduced to X units in 2022, which is down by X% against 2021 figures. Overall, imports, however, showed significant growth. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, women swimwear imports reduced rapidly to $X in 2022. In general, imports, however, recorded resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of women swimwear to Vietnam, with a X% share of total imports. Moreover, women swimwear imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. France (X units) ranked third in terms of total imports with a X% share.

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

In value terms, China ($X) constituted the largest supplier of womens swimwear (excluding of knitted or crocheted textiles) to Vietnam, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2022, the average women swimwear import price amounted to $X per unit, waning by X% against the previous year. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Italy ($X per unit) and France ($X per unit), while the price for Australia ($X per unit) and Portugal ($X per unit) were amongst the lowest.

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

Source: IndexBox Platform

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