Cuba: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Cuba

The Cuban brassiere, girdle and corset market soared to $X in 2021, rising by 24% against the previous year. In general, consumption, however, saw a deep setback. Brassiere, girdle and corset consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Brassieres, Girdles And Corsets in Cuba

In value terms, brassiere, girdle and corset production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when the production volume increased by 28% against the previous year. Brassiere, girdle and corset production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Cuba

Brassiere, girdle and corset exports from Cuba was estimated at X kg in 2021, stabilizing at the previous year. In general, exports continue to indicate a abrupt contraction. The smallest decline of -4.5% was in 2015. The exports peaked at X kg in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports surged to $X in 2021. Overall, exports saw a sharp decline. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X kg) was the main destination for brassiere, girdle and corset exports from Cuba, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia was relatively modest.

Export Prices by Country

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, approximately equating the previous year. In general, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2015 when the average export price decreased by -54.2%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2021, the rate of growth in terms of prices for France amounted to -5.8% per year.

Imports of Brassieres, Girdles And Corsets

Imports into Cuba

In 2021, the amount of brassieres, girdles and corsets imported into Cuba surged to X tons, rising by 212% on 2020 figures. In general, imports, however, recorded a abrupt decline. 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 surged to $X in 2021. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

Italy (X tons), China (X tons) and Panama (X tons) were the main suppliers of brassiere, girdle and corset imports to Cuba, together accounting for 53% of total imports. These countries were followed by Spain, Bolivia, Brazil and Peru, which together accounted for a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bolivia (with a CAGR of +47.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest brassiere, girdle and corset suppliers to Cuba were Panama ($X), Italy ($X) and China ($X), with a combined 63% share of total imports. Brazil, Bolivia, Spain and Peru lagged somewhat behind, together comprising a further 10%.

Bolivia, with a CAGR of +49.2%, 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

In 2021, the average brassiere, girdle and corset import price amounted to $X per ton, increasing by 42% against the previous year. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 57%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+25.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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