Australia: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Australia

The Australian brassiere, girdle and corset market totaled $X in 2021, increasing by 14% against the previous year. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Production of Brassieres, Girdles And Corsets in Australia

In value terms, brassiere, girdle and corset production fell markedly to $X in 2021 estimated in export price. In general, production faced a abrupt slump. The pace of growth was the most pronounced in 2020 when the production volume increased by 77% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Australia

In 2021, shipments abroad of brassieres, girdles and corsets was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a abrupt decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports soared to $X in 2021. Over the period under review, exports, however, showed a abrupt decrease. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X tons) was the main destination for brassiere, girdle and corset exports from Australia, accounting for a 69% share of total exports. Moreover, brassiere, girdle and corset exports to New Zealand exceeded the volume sent to the second major destination, the United States (X tons), sixfold. The third position in this ranking was held by China (X tons), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand amounted to -20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+29.1% per year) and China (+111.8% per year).

In value terms, New Zealand ($X) remains the key foreign market for brassieres, girdles and corsets exports from Australia, comprising 70% of total exports. The second position in the ranking was taken by the United States ($X), with an 11% share of total exports. It was followed by China, with a 4.6% share.

From 2012 to 2021, the average annual growth rate of value to New Zealand totaled -9.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+35.0% per year) and China (+115.7% per year).

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per ton in 2021, picking up by 3.7% against the previous year. Overall, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 74% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2021, the countries with the highest prices were Hong Kong SAR ($X per ton) and New Zealand ($X per ton), while the average price for exports to Singapore ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Australia

In 2021, after three years of decline, there was significant growth in overseas purchases of brassieres, girdles and corsets, when their volume increased by 39% to X tons. Over the period under review, imports, however, continue to indicate a abrupt downturn. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +3.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest brassiere, girdle and corset supplier to Australia, with a 60% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), threefold. Vietnam (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+11.3% per year) and Vietnam (+44.7% per year).

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Australia, comprising 60% of total imports. The second position in the ranking was held by Indonesia ($X), with a 19% share of total imports. It was followed by Vietnam, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+9.9% per year) and Vietnam (+44.0% per year).

Import Prices by Country

The average brassiere, girdle and corset import price stood at $X per ton in 2021, remaining constant against the previous year. Overall, the import price saw strong growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 57% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were Sri Lanka ($X per ton) and Morocco ($X per ton), while the price for China ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+20.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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