Central Asia: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Central Asia

The Central Asian brassiere, girdle and corset market surged to $X in 2021, picking up by 26% against the previous year. Over the period under review, consumption recorded prominent growth. Over the period under review, the market attained the peak level in 2021 and is likely to continue growth in the immediate term.

Production of Brassieres, Girdles And Corsets in Central Asia

In value terms, brassiere, girdle and corset production rose markedly to $X in 2021 estimated in export price. In general, production, however, showed a pronounced downturn. The growth pace was the most rapid in 2018 with an increase of 55% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports in Central Asia

In 2021, the amount of brassieres, girdles and corsets exported in Central Asia was estimated at X tons, remaining constant against the previous year's figure. Over the period under review, exports posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 162%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, brassiere, girdle and corset exports declined markedly to $X in 2021. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 131% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then shrank sharply in the following year.

Exports by Country

The biggest shipments were from Kazakhstan (X tons), Uzbekistan (X tons), Mongolia (X tons) and Kyrgyzstan (X tons), together amounting to 99% of total export.

From 2012 to 2021, the biggest increases were recorded for Uzbekistan (with a CAGR of +35.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X), Uzbekistan ($X) and Kyrgyzstan ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined 89% share of total exports.

Uzbekistan, with a CAGR of +34.1%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Central Asia amounted to $X per ton, waning by -32.4% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2019 an increase of 61% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2020, and then dropped sharply in the following year.

Prices varied noticeably country of origin: the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (+2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Brassieres, Girdles And Corsets

Imports in Central Asia

In 2021, brassiere, girdle and corset imports in Central Asia soared to X tons, rising by 45% compared with the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 819%. The volume of import peaked in 2021 and is likely to see gradual growth in the near future.

In value terms, brassiere, girdle and corset imports soared to $X in 2021. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2019 when imports increased by 585% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Imports by Country

Kazakhstan represented the largest importing country with an import of about X tons, which accounted for 73% of total imports. It was distantly followed by Kyrgyzstan (X tons), comprising a 26% share of total imports.

Kazakhstan was also the fastest-growing in terms of the brassieres, girdles and corsets imports, with a CAGR of +47.9% from 2012 to 2021. At the same time, Kyrgyzstan (+44.6%) displayed positive paces of growth. While the share of Kazakhstan (+13 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported brassieres, girdles and corsets in Central Asia, comprising 86% of total imports. The second position in the ranking was held by Kyrgyzstan ($X), with a 7.1% share of total imports.

In Kazakhstan, brassiere, girdle and corset imports increased at an average annual rate of +42.6% over the period from 2012-2021.

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, growing by 25% against the previous year. In general, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2017 an increase of 208% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (-3.6%).

Source: IndexBox Platform

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