Argentina: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Argentina

The Argentinian brassiere, girdle and corset market skyrocketed to $X in 2021, growing by 21% against the previous year. Overall, consumption, however, showed a pronounced descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Brassieres, Girdles And Corsets in Argentina

In value terms, brassiere, girdle and corset production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible downturn. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Argentina

Brassiere, girdle and corset exports from Argentina fell significantly to X tons in 2021, which is down by -42.3% on the previous year. Over the period under review, exports continue to indicate a precipitous shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 2.3%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, brassiere, girdle and corset exports reduced markedly to $X in 2021. In general, exports faced a sharp setback. The most prominent rate of growth was recorded in 2014 when exports increased by 1.1%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Uruguay (X tons) was the main destination for brassiere, girdle and corset exports from Argentina, accounting for a 82% share of total exports. Moreover, brassiere, girdle and corset exports to Uruguay exceeded the volume sent to the second major destination, Paraguay (X kg), sixfold. The third position in this ranking was taken by Chile (X kg), with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay totaled -19.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-20.4% per year) and Chile (-48.5% per year).

In value terms, Uruguay ($X) remains the key foreign market for brassieres, girdles and corsets exports from Argentina, comprising 88% of total exports. The second position in the ranking was held by Paraguay ($X), with an 8% share of total exports. It was followed by Brazil, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uruguay amounted to -19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (-28.0% per year) and Brazil (-50.3% per year).

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per ton in 2021, growing by 31% against the previous year. Over the period under review, the export price, however, recorded a mild setback. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Brazil ($X per ton), while the average price for exports to Bolivia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Brassieres, Girdles And Corsets

Imports into Argentina

For the third year in a row, Argentina recorded decline in purchases abroad of brassieres, girdles and corsets, which decreased by -16.8% to X tons in 2021. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 160% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports stood at $X in 2021. Over the period under review, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2018 with an increase of 77% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest brassiere, girdle and corset supplier to Argentina, accounting for a 75% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), more than tenfold. The third position in this ranking was taken by Brazil (X tons), with a 4.8% share.

From 2012 to 2021, the average annual growth rate of volume from China stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.6% per year) and Brazil (-17.0% per year).

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Argentina, comprising 52% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 10% share of total imports. It was followed by Colombia, with an 8.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+8.0% per year) and Colombia (+14.8% per year).

Import Prices by Country

The average brassiere, girdle and corset import price stood at $X per ton in 2021, increasing by 26% against the previous year. In general, the import price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2017 an increase of 54%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Colombia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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