Australia: Baby Garment Market 2024

Baby Garment Market Size in Australia

For the sixth year in a row, the Australian baby garment market recorded growth in sales value, which increased by 9.5% to $X in 2022. Over the period under review, consumption posted a strong expansion. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Baby Garment Production in Australia

In value terms, baby garment production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2020 with an increase of 9% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Baby Garment Exports

Exports from Australia

In 2022, shipments abroad of babies’ garments and clothing accessories (knitted or crocheted) increased by 24% to X units, rising for the fifth year in a row after two years of decline. Over the period under review, exports saw a noticeable increase. The pace of growth appeared the most rapid in 2015 when exports increased by 120% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, baby garment exports soared to $X in 2022. In general, exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 with an increase of 79%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

New Zealand (X units) was the main destination for baby garment exports from Australia, with a 43% share of total exports. Moreover, baby garment exports to New Zealand exceeded the volume sent to the second major destination, the UK (X units), threefold. Canada (X units) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual growth rate of volume to New Zealand amounted to -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+25.6% per year) and Canada (+30.3% per year).

In value terms, New Zealand ($X) remains the key foreign market for babies’ garments and clothing accessories (knitted or crocheted) exports from Australia, comprising 47% of total exports. The second position in the ranking was held by the UK ($X), with an 11% share of total exports. It was followed by the United Arab Emirates, with a 7.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to New Zealand amounted to +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+12.5% per year) and the United Arab Emirates (+59.8% per year).

Export Prices by Country

In 2022, the average baby garment export price amounted to $X per unit, increasing by 5.3% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2016 when the average export price increased by 91%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the UK ($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 New Zealand (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Garment Imports

Imports into Australia

In 2022, the amount of babies’ garments and clothing accessories (knitted or crocheted) imported into Australia rose slightly to X units, increasing by 4% against the previous year. In general, imports, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 28% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, baby garment imports expanded sharply to $X in 2022. The total import value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, China (X units) constituted the largest supplier of baby garment to Australia, with a 63% share of total imports. Moreover, baby garment imports from China exceeded the figures recorded by the second-largest supplier, Bangladesh (X units), fourfold. The third position in this ranking was taken by India (X units), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (-2.1% per year) and India (+2.1% per year).

In value terms, China ($X) constituted the largest supplier of babies’ garments and clothing accessories (knitted or crocheted) to Australia, comprising 63% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 17% share of total imports. It was followed by India, with a 10% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+10.7% per year) and India (+12.8% per year).

Import Prices by Country

In 2022, the average baby garment import price amounted to $X per unit, growing by 6% against the previous year. In general, the import price showed resilient growth. The growth pace was the most rapid in 2017 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($X per unit) and China ($X per unit), while the price for Cambodia ($X per unit) and Bangladesh ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform