Asia-Pacific: Non-Knitted Women Apparel Market 2022

Non-Knitted Women Apparel Market Size in Asia-Pacific

The Asia-Pacific non-knitted women apparel market surged to $X in 2021, growing by X% against the previous year. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2014 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Non-Knitted Women Apparel Production in Asia-Pacific

In value terms, non-knitted women apparel production stood at $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Non-Knitted Women Apparel Exports

Exports in Asia-Pacific

In 2021, overseas shipments of women's or girls' clothing (not knitted or crocheted) decreased by -X% to X units, falling for the second consecutive year after two years of growth. In general, exports showed a pronounced setback. The growth pace was the most rapid in 2019 with an increase of X%. The volume of export peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, non-knitted women apparel exports fell modestly to $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. 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

In 2021, China (X units) represented the major exporter of women's or girls' clothing (not knitted or crocheted), constituting X% of total exports. Bangladesh (X units) ranks second in terms of the total exports with a X% share, followed by Vietnam (X%) and India (X%). Cambodia (X units), Indonesia (X units), Myanmar (X units) and Hong Kong SAR (X units) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to non-knitted women apparel exports from China stood at -X%. At the same time, Myanmar (+X%), Cambodia (+X%), Bangladesh (+X%), Vietnam (+X%) and India (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2012-2021. By contrast, Indonesia (-X%) and Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Bangladesh, Vietnam, India, Cambodia and Myanmar increased by +X, +X, +X, +X and +X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest non-knitted women apparel supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was taken by Bangladesh ($X), with a X% share of total exports. It was followed by Vietnam, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and Vietnam (+X% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per unit, therefore, remained relatively stable against the previous year. Over the last nine-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($X per unit), while Bangladesh ($X per unit) was amongst the lowest.

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

Non-Knitted Women Apparel Imports

Imports in Asia-Pacific

Non-knitted women apparel imports reached X units in 2021, surging by X% compared with 2020. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, non-knitted women apparel imports expanded sharply to $X in 2021. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% 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, Japan (X units), South Korea (X units) and Australia (X units) represented the key importer of women's or girls' clothing (not knitted or crocheted) in Asia-Pacific, creating X% of total import. It was distantly followed by China (X units), Thailand (X units), Taiwan (Chinese) (X units) and the Philippines (X units), together making up a X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Philippines (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-knitted women apparel importing markets in Asia-Pacific were Japan ($X), South Korea ($X) and Australia ($X), with a combined X% share of total imports. These countries were followed by China, Taiwan (Chinese), the Philippines and Thailand, which together accounted for a further X terms of the main importing countries, the Philippines, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per unit, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of import 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 importing countries. In 2021, the country with the highest price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :