Belgium: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Belgium

In 2021, the Belgian brassiere, girdle and corset market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a deep slump. Brassiere, girdle and corset consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Production of Brassieres, Girdles And Corsets in Belgium

In value terms, brassiere, girdle and corset production reduced to $X in 2021 estimated in export price. Overall, production recorded a deep contraction. The growth pace was the most rapid in 2016 with an increase of 68%. Brassiere, girdle and corset production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports from Belgium

In 2021, after two years of growth, there was significant decline in overseas shipments of brassieres, girdles and corsets, when their volume decreased by -19% to X tons. Over the period under review, exports recorded a mild downturn. The pace of growth appeared the most rapid in 2020 with an increase of 400%. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, brassiere, girdle and corset exports expanded markedly to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 67%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and Spain (X tons) were the main destinations of brassiere, girdle and corset exports from Belgium, with a combined 56% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +6.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brassiere, girdle and corset exported from Belgium were Germany ($X), France ($X) and the Netherlands ($X), with a combined 62% share of total exports. These countries were followed by Spain, China, Tunisia, Italy and the UK, which together accounted for a further 21%.

Among the main countries of destination, Spain, with a CAGR of +10.0%, saw the highest growth rate of the value of exports, 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, jumping by 38% against the previous year. Over the period under review, the export price enjoyed pronounced growth. The most prominent rate of growth was recorded in 2017 an increase of 57%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Tunisia ($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 (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Belgium

In 2021, brassiere, girdle and corset imports into Belgium reached X tons, remaining stable against the previous year. Over the period under review, imports enjoyed a modest expansion. The growth pace was the most rapid in 2020 with an increase of 107%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports expanded rapidly to $X in 2021. Overall, imports enjoyed a modest expansion. The most prominent rate of growth was recorded in 2020 with an increase of 65%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of brassiere, girdle and corset imports to Belgium, with a combined 49% share of total imports. France, Sri Lanka, Bangladesh, Vietnam and Tunisia lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Vietnam (with a CAGR of +33.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), France ($X) and Germany ($X) constituted the largest brassiere, girdle and corset suppliers to Belgium, together comprising 49% of total imports. The Netherlands, Tunisia, Sri Lanka, Vietnam and Bangladesh lagged somewhat behind, together accounting for a further 34%.

Vietnam, with a CAGR of +32.4%, saw 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, growing by 13% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, 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 Tunisia ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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