Germany: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Germany

In 2021, the German brassiere, girdle and corset market was finally on the rise to reach $X after two years of decline. The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Production of Brassieres, Girdles And Corsets in Germany

In value terms, brassiere, girdle and corset production reduced markedly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a significant curtailment. The growth pace was the most rapid in 2016 when the production volume increased by 54% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Germany

In 2021, overseas shipments of brassieres, girdles and corsets decreased by -1.3% to X tons, falling for the third year in a row after four years of growth. The total export volume increased at an average annual rate of +3.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of 17%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports expanded rapidly to $X in 2021. Over the period under review, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -6.4% against 2018 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 24%. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Austria (X tons), the Netherlands (X tons) and Poland (X tons) were the main destinations of brassiere, girdle and corset exports from Germany, together accounting for 46% of total exports. The Czech Republic, France, Switzerland, Belgium, Italy, Hungary, Slovakia, Romania, Spain and Portugal lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +18.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brassiere, girdle and corset exported from Germany were Switzerland ($X), Austria ($X) and the Netherlands ($X), with a combined 44% share of total exports. These countries were followed by Poland, the Czech Republic, France, Belgium, Italy, Hungary, Spain, Slovakia, Portugal and Romania, which together accounted for a further 42%.

Among the main countries of destination, Romania, with a CAGR of +17.4%, 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

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, increasing by 7% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2017 an increase of 11%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($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 Italy (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Germany

In 2021, supplies from abroad of brassieres, girdles and corsets was finally on the rise to reach X tons after two years of decline. The total import volume increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 16%. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, brassiere, girdle and corset imports soared to $X in 2021. The total import value increased at an average annual rate of +4.3% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of brassiere, girdle and corset to Germany, with a 37% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Bangladesh (X tons), with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+12.4% per year) and Bangladesh (+14.7% per year).

In value terms, Poland ($X), China ($X) and the Netherlands ($X) constituted the largest brassiere, girdle and corset suppliers to Germany, with a combined 54% share of total imports. These countries were followed by Austria, Bangladesh, Italy, France, Belgium, the Czech Republic, Indonesia, Hungary and Turkey, which together accounted for a further 36%.

In terms of the main suppliers, the Czech Republic, with a CAGR of +60.2%, 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 average brassiere, girdle and corset import price amounted to $X per ton, picking up by 12% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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