Eastern Asia: Men’S Ensemble Market 2020

Men’S Ensemble Market Size in Eastern Asia

The revenue of the mens ensemble market in Eastern Asia amounted to $X in 2017, increasing by X% against the previous year. The mens ensemble consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. Over the period under review, the mens ensemble market attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

Men’S Ensemble Production in Eastern Asia

In 2017, the amount of mens suits and ensembles of knitted or crocheted textiles produced in Eastern Asia totaled X units, remaining constant against the previous year. The mens ensemble production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, with an increase of X% y-o-y. The volume of mens ensemble production peaked in 2017, and is expected to retain its growth in the immediate term.

Men’S Ensemble Exports in Eastern Asia

In 2017, approx. X units of mens suits and ensembles of knitted or crocheted textiles were exported in Eastern Asia; reducing by -X% against the previous year. The mens ensemble exports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. In that year, the mens ensemble exports reached their peak volume of X units. From 2012 to 2017, growth of the mens ensemble exports failed to regain its momentum.

In value terms, mens ensemble exports stood at $X in 2017. The mens ensemble exports continue to indicate an abrupt reduction. In that year, the mens ensemble exports reached their peak level of $X. From 2013 to 2017, growth of the mens ensemble exports stood at a somewhat lower level.

Men’S Ensemble Exports by Country in Eastern Asia

The exports of the one major exporters of mens suits and ensembles of knitted or crocheted textiles, namely China, represented more than two-thirds of total export.

China was also the fastest growing in terms of the mens suits and ensembles of knitted or crocheted textiles exports, with a CAGR of -X% from 2007 to 2017. China (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest mens ensemble supplier in Eastern Asia.

In China, mens ensemble exports declined by an average annual rate of -X% over the period from 2007-2017.

Men’S Ensemble Export Prices by Country in Eastern Asia

The mens ensemble export price in Eastern Asia stood at $X per thousand units in 2017, going up by X% against the previous year. The export price indicated a moderate growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the mens ensemble export price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012, when it surged by X% year-to-year. Over the period under review, the export prices for mens suits and ensembles of knitted or crocheted textiles attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Men’S Ensemble Imports in Eastern Asia

In 2017, approx. X units of mens suits and ensembles of knitted or crocheted textiles were imported in Eastern Asia; going up by X% against the previous year. The mens ensemble imports continue to indicate an abrupt downturn. The pace of growth was the most pronounced in 2008, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2009; however, from 2010 to 2017, it failed to regain its momentum.

In value terms, mens ensemble imports amounted to $X in 2017. The mens ensemble imports continue to indicate a drastic drop. In that year, the mens ensemble imports attained their peak level of $X. From 2009 to 2017, growth of the mens ensemble imports failed to regain its momentum.

Men’S Ensemble Imports by Country in Eastern Asia

Japan represented the main importing country with an import of about X units, which amounted to X% of total imports. China, Hong Kong SAR (X units) ranks second in terms of the global imports with a X% share, followed by China (X%), South Korea (X%) and Taiwan, Chinese (X%).

From 2007 to 2017, average annual rates of growth with regard to mens ensemble imports into Japan stood at -X%. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Taiwan, Chinese (-X%), South Korea (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of Japan (X%), China, Hong Kong SAR (X%) and South Korea (X%) increased significantly in terms of the global imports from 2007-2017, the share of China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X) constitutes the largest market for imported mens suits and ensembles of knitted or crocheted textiles in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In Japan, mens ensemble imports plunged by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (-X% per year) and South Korea (-X% per year).

Men’S Ensemble Import Prices by Country in Eastern Asia

The mens ensemble import price in Eastern Asia stood at $X per thousand units in 2017, approximately mirroring the previous year. The import price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the mens ensemble import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2012, when the import prices increased by X% year-to-year. The level of import price peaked of $X per thousand units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X per unit), while China, Hong Kong SAR ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Taiwan, Chinese (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform