Belarus: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Belarus

The Belarusian brassiere, girdle and corset market plummeted to $X in 2021, waning by -17.8% against the previous year. Over the period under review, consumption saw a perceptible reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Brassieres, Girdles And Corsets in Belarus

In value terms, brassiere, girdle and corset production fell to $X in 2021 estimated in export price. Overall, production saw a abrupt descent. The growth pace was the most rapid in 2017 with an increase of 27% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Belarus

In 2021, the amount of brassieres, girdles and corsets exported from Belarus surged to X tons, jumping by 32% against the previous year's figure. Overall, exports, however, showed a perceptible slump. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, brassiere, girdle and corset exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a deep setback. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Russia (X tons) was the main destination for brassiere, girdle and corset exports from Belarus, accounting for a 74% share of total exports. Moreover, brassiere, girdle and corset exports to Russia exceeded the volume sent to the second major destination, Latvia (X tons), tenfold. Kazakhstan (X tons) ranked third in terms of total exports with a 5.6% share.

From 2012 to 2021, the average annual growth rate of volume to Russia stood at -5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (+11.8% per year) and Kazakhstan (+2.3% per year).

In value terms, Russia ($X) remains the key foreign market for brassieres, girdles and corsets exports from Belarus, comprising 70% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a 7.7% share of total exports. It was followed by Latvia, with a 6.7% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled -7.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+1.7% per year) and Latvia (+11.3% per year).

Export Prices by Country

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, rising by 2.5% against the previous year. In general, the export price, however, saw a noticeable curtailment. The growth pace was the most rapid in 2018 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Moldova ($X per ton), while the average price for exports to Latvia ($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 Moldova (+1.4%), while the prices for the other major destinations experienced a decline.

Imports of Brassieres, Girdles And Corsets

Imports into Belarus

Brassiere, girdle and corset imports into Belarus skyrocketed to X tons in 2021, picking up by 34% compared with the previous year. In general, imports saw a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of 72% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports surged to $X in 2021. Over the period under review, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +11.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -2.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 69%. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), Russia (X tons) and Poland (X tons) were the main suppliers of brassiere, girdle and corset imports to Belarus, together accounting for 66% of total imports. Latvia, Turkey, Bangladesh, Serbia and Italy lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +122.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Latvia ($X) and China ($X) appeared to be the largest brassiere, girdle and corset suppliers to Belarus, together comprising 73% of total imports. Poland, Turkey, Bangladesh, Serbia and Italy lagged somewhat behind, together comprising a further 17%.

Bangladesh, with a CAGR of +106.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average brassiere, girdle and corset import price stood at $X per ton in 2021, waning by -12% against the previous year. Overall, the import price saw a slight shrinkage. The growth pace was the most rapid in 2014 an increase of 24%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bangladesh (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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