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China - Brassieres - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Brassieres - Market Analysis, Forecast, Size, Trends And Insights

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May 26, 2023

Brassiere Export in China Rises Rapidly to $408M in March 2023

China Brassiere Exports

Brassiere exports from China skyrocketed to 218M units in March 2023, jumping by 65% on February 2023. The total export volume increased at an average monthly rate of +1.3% from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the maximum at 261M units in May 2022; however, from June 2022 to March 2023, the exports stood at a somewhat lower figure.

In value terms, brassiere exports skyrocketed to $408M (IndexBox estimates) in March 2023. The total export value increased at an average monthly rate of +2.4% over the period from March 2022 to March 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports hit record highs at 452M units in June 2022; however, from July 2022 to March 2023, the exports failed to regain momentum.

COUNTRYExport Value of Brassiere in China (million USD)
Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023
United States67.678.071.869.756.752.544.342.045.960.365.830.366.0
Vietnam7.213.326.823.125.023.829.429.728.337.316.434.936.8
Kyrgyzstan34.026.927.937.324.834.016.83.810.535.712.335.134.3
Japan28.822.930.830.827.830.626.027.824.825.226.420.928.5
Kazakhstan1.16.99.013.722.123.815.312.410.012.313.312.723.8
Germany11.615.722.318.518.614.310.811.013.512.913.68.612.0
Indonesia7.110.311.18.39.77.511.99.07.59.97.47.18.3
Thailand7.59.611.08.39.48.87.89.17.910.28.85.48.3
Philippines3.45.46.78.58.77.68.98.57.37.29.03.48.1
Greece5.47.18.58.67.97.38.47.44.97.07.03.38.1
Bangladesh4.66.010.95.25.66.17.96.96.14.95.82.18.0
Mexico5.16.58.111.08.810.47.35.57.910.17.94.67.9
United Arab Emirates2.54.15.15.26.56.47.57.26.66.79.43.15.8
Others12116119520420117716515714815718582.0152
Total307374445452433410368337329397389253408

Exports by Country

The United States (26M units), Vietnam (19M units) and Indonesia (11M units) were the main destinations of brassiere exports from China, together accounting for 25% of total exports. These countries were followed by Bangladesh, Kyrgyzstan, Kazakhstan, Japan, Greece, Thailand, Germany, the Philippines, Mexico and the United Arab Emirates, which together accounted for a further 31%.

From March 2022 to March 2023, the biggest increases were in Kazakhstan (with a CAGR of +27.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($66M), Vietnam ($37M) and Kyrgyzstan ($34M) appeared to be the largest markets for brassiere exported from China worldwide, with a combined 34% share of total exports. Japan, Kazakhstan, Germany, Thailand, Indonesia, Greece, the Philippines, Bangladesh, Mexico and the United Arab Emirates lagged somewhat behind, together accounting for a further 29%.

Kazakhstan, with a CAGR of +29.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In March 2023, the brassiere price stood at $1.9 per unit (FOB, China), shrinking by -2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The pace of growth was the most pronounced in February 2023 when the average export price increased by 16% against the previous month. As a result, the export price reached the peak level of $1,917 per thousand units, and then fell in the following month.

There were significant differences in the average prices for the major overseas markets. In March 2023, the country with the highest price was Kyrgyzstan ($4.8 per unit), while the average price for exports to Bangladesh ($749 per thousand units) was amongst the lowest.

From March 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the brassiere market in China. 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 14142530 - Brassieres

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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