Eastern Asia: Brassiere Market 2025

Brassiere Market Size in Eastern Asia

In 2021, the East Asian brassiere market decreased by -25.7% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a noticeable descent. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Brassiere Production in Eastern Asia

In value terms, brassiere production reached $X in 2021 estimated in export price. Over the period under review, production continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2016 with an increase of 34%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Brassiere Exports

Exports in Eastern Asia

In 2021, after three years of decline, there was significant growth in overseas shipments of brassieres of textile materials, whether or not elasticated, when their volume increased by 25% to X units. In general, exports showed a perceptible increase. The pace of growth appeared the most rapid in 2016 when exports increased by 189% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in years to come.

In value terms, brassiere exports soared to $X in 2021. The total export value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

China prevails in exports structure, finishing at X units, which was near 98% of total exports in 2021. Hong Kong SAR (X units) held a little share of total exports.

China was also the fastest-growing in terms of the brassieres of textile materials, whether or not elasticated exports, with a CAGR of +5.8% from 2012 to 2021. Hong Kong SAR (-14.7%) illustrated a downward trend over the same period. While the share of China (+12 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Hong Kong SAR (-11.6 p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest brassiere supplier in Eastern Asia, comprising 90% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 9.3% share of total exports.

In China, brassiere exports increased at an average annual rate of +5.6% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, increasing by 7.5% against the previous year. Overall, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by 185%. Over the period under review, the export prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.8%).

Brassiere Imports

Imports in Eastern Asia

After three years of decline, supplies from abroad of brassieres of textile materials, whether or not elasticated increased by 1.2% to X units in 2021. Over the period under review, imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2015 with an increase of 11% against the previous year. The volume of import peaked at X units in 2017; however, from 2018 to 2021, imports remained at a lower figure.

In value terms, brassiere imports expanded rapidly to $X in 2021. Overall, imports, however, continue to indicate a noticeable curtailment. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Japan (X units), distantly followed by Hong Kong SAR (X units), South Korea (X units), Taiwan (Chinese) (X units) and China (X units) represented the main importers of brassieres of textile materials, whether or not elasticated, together creating 98% of total imports. Democratic People's Republic of Korea (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Democratic People's Republic of Korea (with a CAGR of +43.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Hong Kong SAR ($X) and South Korea ($X) constituted the countries with the highest levels of imports in 2021, together comprising 86% of total imports. China, Taiwan (Chinese) and Democratic People's Republic of Korea lagged somewhat behind, together accounting for a further 14%.

Among the main importing countries, Democratic People's Republic of Korea, with a CAGR of +43.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, growing by 4.1% against the previous year. Over the period under review, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2018 when the import price increased by 4.6%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Democratic People's Republic of Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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