Scandinavia: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Scandinavia

In 2021, the Scandinavia brassiere, girdle and corset market increased by 8.8% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Production of Brassieres, Girdles And Corsets in Scandinavia

In value terms, brassiere, girdle and corset production declined rapidly to $X in 2021 estimated in export price. In general, production, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2015 with an increase of 96% against the previous year. The level of production peaked at $X in 2020, and then reduced sharply in the following year.

Exports of Brassieres, Girdles And Corsets

Exports in Scandinavia

In 2021, overseas shipments of brassieres, girdles and corsets decreased by less than 0.1% to X tons, falling for the third year in a row after two years of growth. Over the period under review, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 29%. The volume of export 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 rose slightly to $X in 2021. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden represented the major exporting country with an export of around X tons, which finished at 67% of total exports. It was distantly followed by Denmark (X tons), generating a 26% share of total exports. Norway (X tons) and Finland (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 exports from Sweden stood at -1.1%. Norway experienced a relatively flat trend pattern. Denmark (-11.9%) and Finland (-14.8%) illustrated a downward trend over the same period. Sweden (+23 p.p.) and Norway (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Finland and Denmark saw its share reduced by -3.6% and -21.8% from 2012 to 2021, respectively.

In value terms, Sweden ($X) remains the largest brassiere, girdle and corset supplier in Scandinavia, comprising 76% of total exports. The second position in the ranking was held by Denmark ($X), with a 17% share of total exports. It was followed by Norway, with a 3.9% share.

In Sweden, brassiere, girdle and corset exports increased at an average annual rate of +2.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (-17.6% per year) and Norway (+4.1% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, picking up by 3.3% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 43%. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Finland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+5.8%), while the other leaders experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports in Scandinavia

In 2021, overseas purchases of brassieres, girdles and corsets were finally on the rise to reach X tons after two years of decline. Overall, imports, however, recorded a slight downturn. The most prominent rate of growth was recorded in 2018 with an increase of 12%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, brassiere, girdle and corset imports rose markedly to $X in 2021. Over the period under review, imports, however, recorded a mild setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Denmark (X tons) and Sweden (X tons) represented roughly 71% of total imports in 2021. Norway (X tons) ranks next in terms of the total imports with a 17% share, followed by Finland (10%).

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +0.9%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) were the countries with the highest levels of imports in 2021, with a combined 88% share of total imports.

Sweden, with a CAGR of -0.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, picking up by 13% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Finland ($X per ton), while Denmark ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform