Middle East: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in the Middle East

The Middle Eastern brassiere, girdle and corset market expanded notably to $X in 2021, surging by 9.4% against the previous year. In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Production of Brassieres, Girdles And Corsets in the Middle East

In value terms, brassiere, girdle and corset production rose sharply to $X in 2021 estimated in export price. Overall, production, however, showed a slight downturn. The pace of growth was the most pronounced in 2019 with an increase of 29%. The level of 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 in the Middle East

For the fifth consecutive year, the Middle East recorded growth in overseas shipments of brassieres, girdles and corsets, which increased by 69% to X tons in 2021. Overall, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, brassiere, girdle and corset exports skyrocketed to $X in 2021. In general, exports enjoyed a tangible increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was approx. 85% of total exports in 2021. It was distantly followed by the United Arab Emirates (X tons), mixing up a 7.9% share of total exports. Jordan (X tons) and Oman (X tons) held a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to brassiere, girdle and corset exports from Turkey stood at +11.7%. At the same time, Oman (+71.1%) and the United Arab Emirates (+34.3%) displayed positive paces of growth. Moreover, Oman emerged as the fastest-growing exporter exported in the Middle East, with a CAGR of +71.1% from 2012-2021. By contrast, Jordan (-8.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Turkey, the United Arab Emirates and Oman increased by +17, +6.7 and +2 percentage points, respectively.

In value terms, Turkey ($X) remains the largest brassiere, girdle and corset supplier in the Middle East, comprising 76% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 12% share of total exports. It was followed by Jordan, with a 9% share.

In Turkey, brassiere, girdle and corset exports increased at an average annual rate of +5.4% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the United Arab Emirates (+30.2% per year) and Jordan (-0.1% per year).

Export Prices by Country

In 2021, the export price in the Middle East amounted to $X per ton, falling by -2.9% against the previous year. In general, the export price saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of 16% against the previous year. Over the period under review, the export prices attained the maximum 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 amongst the major exporting countries. In 2021, the country with the highest price was Jordan ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Jordan (+8.9%), while the other leaders experienced a decline in the export price figures.

Imports of Brassieres, Girdles And Corsets

Imports in the Middle East

In 2021, approx. X tons of brassieres, girdles and corsets were imported in the Middle East; increasing by 22% on 2020 figures. The total import volume increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2013 when imports increased by 24%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, brassiere, girdle and corset imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The United Arab Emirates represented the key importer of brassieres, girdles and corsets in the Middle East, with the volume of imports finishing at X tons, which was approx. 45% of total imports in 2021. Saudi Arabia (X tons) took the second position in the ranking, distantly followed by Turkey (X tons), Iraq (X tons), Israel (X tons) and Qatar (X tons). All these countries together held approx. 45% share of total imports. Kuwait (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to brassiere, girdle and corset imports into the United Arab Emirates stood at -2.6%. At the same time, Iraq (+43.8%), Qatar (+34.3%), Kuwait (+11.2%), Turkey (+6.6%), Saudi Arabia (+6.4%) and Israel (+4.1%) displayed positive paces of growth. Moreover, Iraq emerged as the fastest-growing importer imported in the Middle East, with a CAGR of +43.8% from 2012-2021. While the share of Saudi Arabia (+6.5 p.p.), Iraq (+5.5 p.p.), Qatar (+4.8 p.p.), Turkey (+3 p.p.) and Kuwait (+2.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of the United Arab Emirates (-21.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United Arab Emirates ($X) constitutes the largest market for imported brassieres, girdles and corsets in the Middle East, comprising 35% of total imports. The second position in the ranking was held by Saudi Arabia ($X), with a 16% share of total imports. It was followed by Israel, with a 13% share.

In the United Arab Emirates, brassiere, girdle and corset imports remained relatively stable over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Saudi Arabia (+11.7% per year) and Israel (+3.8% per year).

Import Prices by Country

The import price in the Middle East stood at $X per ton in 2021, surging by 7% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The pace of growth appeared the most rapid in 2014 when the import price increased by 9.2%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Israel ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iraq (+5.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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