Northern America: Men Swimwear Market 2024

Men Swimwear Market Size in Northern America

The North American men swimwear market was estimated at $X in 2021, growing by 15% against the previous year. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Men Swimwear Production in Northern America

In value terms, men swimwear production surged to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a dramatic slump. The most prominent rate of growth was recorded in 2014 when the production volume increased by 83%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Men Swimwear Exports

Exports in Northern America

In 2021, approx. X units of men’s swimwear (excluding of knitted or crocheted textiles) were exported in Northern America; jumping by 36% compared with the previous year's figure. In general, exports posted a prominent increase. The growth pace was the most rapid in 2015 with an increase of 134%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, men swimwear exports soared to $X in 2021. Over the period under review, exports showed a prominent increase. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, reaching X units, which was near 93% of total exports in 2021. It was distantly followed by Canada (X units), creating a 6.9% share of total exports.

The United States was also the fastest-growing in terms of the men’s swimwear (excluding of knitted or crocheted textiles) exports, with a CAGR of +11.1% from 2012 to 2021. At the same time, Canada (+8.1%) displayed positive paces of growth. The United States (+1.8 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -1.8% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest men swimwear supplier in Northern America, comprising 92% of total exports. The second position in the ranking was held by Canada ($X), with an 8.2% share of total exports.

In the United States, men swimwear exports increased at an average annual rate of +10.9% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per unit in 2021, growing by 4.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 61% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.6%).

Men Swimwear Imports

Imports in Northern America

In 2021, imports of men’s swimwear (excluding of knitted or crocheted textiles) in Northern America expanded remarkably to X units, surging by 10% compared with the year before. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 42%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, men swimwear imports soared to $X in 2021. Total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.9% against 2012 indices. The growth pace was the most rapid in 2018 with an increase of 34% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

The United States prevails in imports structure, recording X units, which was approx. 95% of total imports in 2021. It was distantly followed by Canada (X units), comprising a 5.2% share of total imports.

The United States was also the fastest-growing in terms of the men’s swimwear (excluding of knitted or crocheted textiles) imports, with a CAGR of +8.7% from 2012 to 2021. Canada (-3.3%) illustrated a downward trend over the same period. While the share of the United States (+8.5 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-8.4 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported men’s swimwear (excluding of knitted or crocheted textiles) in Northern America, comprising 93% of total imports. The second position in the ranking was taken by Canada ($X), with a 7.4% share of total imports.

In the United States, men swimwear imports expanded at an average annual rate of +8.1% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per unit in 2021, rising by 6.5% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by 45% against the previous year. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per unit), while the United States amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4.1%).

Source: IndexBox Platform

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