Singapore: Pantyhose Market 2025

Pantyhose Market Size in Singapore

The Singaporean pantyhose market expanded slightly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable setback. Pantyhose consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Pantyhose Production in Singapore

In value terms, pantyhose production amounted to $X in 2022 estimated in export price. Overall, production recorded a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Pantyhose production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Pantyhose Exports

Exports from Singapore

In 2022, shipments abroad of pantyhose and tights increased by X% to X pairs, rising for the second year in a row after five years of decline. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X pairs in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, pantyhose exports skyrocketed to $X in 2022. Overall, exports, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

India (X pairs) was the main destination for pantyhose exports from Singapore, accounting for a X% share of total exports. Moreover, pantyhose exports to India exceeded the volume sent to the second major destination, Indonesia (X pairs), threefold. Chile (X pairs) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Indonesia (X% per year) and Chile (X% per year).

In value terms, India ($X), Indonesia ($X) and Chile ($X) appeared to be the largest markets for pantyhose exported from Singapore worldwide, with a combined X% share of total exports.

Among the main countries of destination, India, with a CAGR of X%, 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

The average pantyhose export price stood at $X per pair in 2022, increasing by X% against the previous year. Overall, the export price, however, saw a noticeable slump. The export price peaked at $X per pair in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($X per pair), while the average price for exports to India ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pantyhose Imports

Imports into Singapore

In 2022, purchases abroad of pantyhose and tights increased by X% to X pairs, rising for the second year in a row after three years of decline. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X pairs in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports surged to $X in 2022. Overall, imports, however, showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

Indonesia (X pairs), China (X pairs) and Vietnam (X pairs) were the main suppliers of pantyhose imports to Singapore, with a combined X% share of total imports. Taiwan (Chinese), Italy, Myanmar, Bangladesh, Hong Kong SAR and Malaysia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Vietnam ($X) were the largest pantyhose suppliers to Singapore, together comprising X% of total imports. Taiwan (Chinese), Italy, Myanmar, Bangladesh, Hong Kong SAR and Malaysia lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average pantyhose import price stood at $X per pair in 2022, remaining stable against the previous year. Over the period under review, the import price, however, showed a mild decline. The growth pace was the most rapid in 2014 an increase of X%. As a result, import price reached the peak level of $X per pair. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Malaysia ($X per pair) and Bangladesh ($X per pair), while the price for Italy ($X per pair) and Indonesia ($X per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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