Slovakia: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Slovakia

In 2021, the Slovak brassiere, girdle and corset market increased by 49% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw measured growth. Brassiere, girdle and corset consumption peaked in 2021 and is expected to retain growth in the near future.

Production of Brassieres, Girdles And Corsets in Slovakia

In value terms, brassiere, girdle and corset production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a perceptible decrease. The growth pace was the most rapid in 2018 with an increase of 51% against the previous year. Brassiere, girdle and corset production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports from Slovakia

In 2021, exports of brassieres, girdles and corsets from Slovakia totaled X tons, approximately equating the year before. The total export volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when exports increased by 28%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, brassiere, girdle and corset exports skyrocketed to $X in 2021. In general, total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +85.4% against 2016 indices. The pace of growth was the most pronounced in 2020 when exports increased by 28%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of brassiere, girdle and corset exports from Slovakia, with a combined 56% share of total exports. Russia, Austria, Italy, Croatia and Germany lagged somewhat behind, together comprising a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of +47.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brassiere, girdle and corset exported from Slovakia were Russia ($X), the Czech Republic ($X) and Poland ($X), together accounting for 57% of total exports.

Russia, with a CAGR of +49.9%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, rising by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +3.4%. The most prominent rate of growth was recorded in 2020 when the average export price increased by 33% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Italy ($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 Germany (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Slovakia

In 2021, supplies from abroad of brassieres, girdles and corsets increased by 23% to X tons, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 52% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, brassiere, girdle and corset imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 +35.0% against 2019 indices. The pace of growth was the most pronounced in 2013 when imports increased by 28%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Poland (X tons), Germany (X tons) and Croatia (X tons) were the main suppliers of brassiere, girdle and corset imports to Slovakia, with a combined 74% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Croatia (with a CAGR of +985.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest brassiere, girdle and corset suppliers to Slovakia were Germany ($X), Italy ($X) and Poland ($X), with a combined 54% share of total imports. These countries were followed by Croatia, China, the Czech Republic, Bangladesh, Hungary, Turkey, Sri Lanka and Indonesia, which together accounted for a further 35%.

Croatia, with a CAGR of +830.2%, 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

In 2021, the average brassiere, girdle and corset import price amounted to $X per ton, which is down by -1.6% against the previous year. Overall, the import price showed a pronounced setback. The growth pace was the most rapid in 2014 an increase of 40%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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