Azerbaijan: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Azerbaijan

After two years of growth, the Azerbaijani brassiere, girdle and corset market decreased by -3.4% to $X in 2021. Overall, consumption continues to indicate a relatively flat trend pattern. Brassiere, girdle and corset consumption peaked at $X in 2020, and then reduced slightly in the following year.

Production of Brassieres, Girdles And Corsets in Azerbaijan

In value terms, brassiere, girdle and corset production declined remarkably to $X in 2021 estimated in export price. In general, production recorded a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 149%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Azerbaijan

Brassiere, girdle and corset exports from Azerbaijan contracted rapidly to X kg in 2021, which is down by -17.2% on the previous year's figure. Overall, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2018 with an increase of 148% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset exports surged to $X in 2021. In general, exports recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 79%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Croatia (X kg), Italy (X kg) and Georgia (X kg) were the main destinations of brassiere, girdle and corset exports from Azerbaijan, with a combined 74% share of total exports. Jordan, China and the Netherlands lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +160.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brassiere, girdle and corset exported from Azerbaijan were Italy ($X), Croatia ($X) and Georgia ($X), together comprising 69% of total exports. These countries were followed by Jordan, China and the Netherlands, which together accounted for a further 6.4%.

China, with a CAGR of +75.8%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per ton in 2021, picking up by 53% against the previous year. In general, the export price posted a perceptible expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 257%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Jordan ($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 the Netherlands (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Azerbaijan

In 2021, approx. X tons of brassieres, girdles and corsets were imported into Azerbaijan; rising by 57% on the previous year. Over the period under review, imports recorded a significant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 1,848% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, brassiere, girdle and corset imports soared to $X in 2021. In general, imports saw a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 1,086% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest brassiere, girdle and corset supplier to Azerbaijan, with a 88% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled +95.3%.

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Azerbaijan, comprising 53% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +43.6%.

Import Prices by Country

In 2021, the average brassiere, girdle and corset import price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the import price saw a sharp contraction. The most prominent rate of growth was recorded in 2013 an increase of 6.2%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Turkey ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+5.1%).

Source: IndexBox Platform

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