Japan: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Japan

The Japanese brassiere, girdle and corset market stood at $X in 2021, remaining relatively unchanged against the previous year. Overall, consumption, however, recorded a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Brassieres, Girdles And Corsets in Japan

In value terms, brassiere, girdle and corset production surged to $X in 2021 estimated in export price. Over the period under review, production, however, showed a abrupt setback. Brassiere, girdle and corset production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports from Japan

After three years of decline, shipments abroad of brassieres, girdles and corsets increased by 3.5% to X tons in 2021. In general, exports, however, continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2017 with an increase of 20%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports expanded modestly to $X in 2021. Over the period under review, exports, however, showed a deep slump. The pace of growth was the most pronounced in 2016 with an increase of 11% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

China (X tons) was the main destination for brassiere, girdle and corset exports from Japan, with a 47% share of total exports. Moreover, brassiere, girdle and corset exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X tons), threefold. The third position in this ranking was taken by Thailand (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +18.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (-7.7% per year) and Thailand (-13.9% per year).

In value terms, the largest markets for brassiere, girdle and corset exported from Japan were China ($X), Thailand ($X) and Taiwan (Chinese) ($X), with a combined 81% share of total exports.

China, with a CAGR of +9.9%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

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, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2016 an increase of 19%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Thailand ($X per ton), while the average price for exports to China ($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 South Korea (+3.7%), while the prices for the other major destinations experienced a decline.

Imports of Brassieres, Girdles And Corsets

Imports into Japan

In 2021, imports of brassieres, girdles and corsets into Japan dropped to X tons, waning by -5.9% on the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 9.5% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports declined to $X in 2021. Overall, imports showed a perceptible downturn. The most prominent rate of growth was recorded in 2016 with an increase of 9.9%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of brassiere, girdle and corset to Japan, with a 82% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sevenfold.

From 2012 to 2021, the average annual growth rate of volume from China totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+4.4% per year) and Thailand (-4.4% per year).

In value terms, China ($X) constituted the largest supplier of brassieres, girdles and corsets to Japan, comprising 75% of total imports. The second position in the ranking was held by Vietnam ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+2.3% per year) and Thailand (-6.0% per year).

Import Prices by Country

In 2021, the average brassiere, girdle and corset import price amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2016 when the average import price increased by 3.8%. Over the period under review, average import prices reached the maximum 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 supplying countries. In 2021, the country with the highest price was Thailand ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (-1.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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