Asia: Pantyhose Market 2024

Pantyhose Market Size in Asia

The Asian pantyhose market was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Pantyhose Production in Asia

In value terms, pantyhose production declined modestly to $X in 2022 estimated in export price. The total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Pantyhose Exports

Exports in Asia

Pantyhose exports reduced to X pairs in 2022, stabilizing at 2021. Over the period under review, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, pantyhose exports reduced to $X in 2022. Overall, exports showed a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, China (X pairs) was the main exporter of pantyhose and tights, comprising X% of total exports. It was distantly followed by Turkey (X pairs), comprising a X% share of total exports. India (X pairs) and Vietnam (X pairs) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of X% from 2012 to 2022. At the same time, India (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Turkey experienced a relatively flat trend pattern. Turkey (X p.p.) and India (X p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Turkey ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports.

Among the main exporting countries, India, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Asia stood at $X per pair in 2022, declining by X% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per pair. From 2015 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per pair), while China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Pantyhose Imports

Imports in Asia

In 2022, supplies from abroad of pantyhose and tights increased by X% to X pairs, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at X pairs in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports rose significantly to $X in 2022. In general, imports, however, recorded a perceptible downturn. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Japan (X pairs) represented the key importer of pantyhose and tights, creating X% of total imports. Kazakhstan (X pairs) ranks second in terms of the total imports with a X% share, followed by Azerbaijan (X%) and the United Arab Emirates (X%). South Korea (X pairs), Israel (X pairs), Vietnam (X pairs), India (X pairs), China (X pairs), Turkey (X pairs), Iraq (X pairs), Georgia (X pairs) and Thailand (X pairs) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to pantyhose imports into Japan stood at X%. At the same time, Azerbaijan (X%), Vietnam (X%), India (X%), Iraq (X%), Georgia (X%) and China (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in Asia, with a CAGR of X% from 2012-2022. Israel experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%), the United Arab Emirates (X%), South Korea (X%), Thailand (X%) and Turkey (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Azerbaijan, Vietnam, India and Iraq increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported pantyhose and tights in Asia, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Israel, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Japan totaled X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Israel (X% per year).

Import Prices by Country

The import price in Asia stood at $X per pair in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per pair; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per pair), while Thailand ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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