Southern Asia: Non-Knitted Men Apparel Market 2025

Non-Knitted Men Apparel Market Size in Southern Asia

In 2022, after four years of growth, there was significant decline in the South Asian non-knitted men apparel market, when its value decreased by -33.9% to $X. The total consumption indicated modest growth from 2012 to 2022: its value increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2021, and then dropped notably in the following year.

Non-Knitted Men Apparel Production in Southern Asia

In value terms, non-knitted men apparel production fell to $X in 2022 estimated in export price. The total production indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +11.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 35%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports in Southern Asia

In 2022, approx. X units of men's or boys' clothing (not knitted or crocheted) were exported in Southern Asia; growing by 4.2% on 2021 figures. Total exports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.0% against 2020 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 42%. The volume of export peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, non-knitted men apparel exports surged to $X in 2022. Total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.0% against 2020 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 33%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Bangladesh (X units) represented the major exporter of men's or boys' clothing (not knitted or crocheted), mixing up 73% of total exports. Pakistan (X units) ranks second in terms of the total exports with a 15% share, followed by India (9%). Sri Lanka (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to non-knitted men apparel exports from Bangladesh stood at +2.2%. At the same time, Pakistan (+4.8%) and India (+2.8%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of +4.8% from 2012-2022. Sri Lanka experienced a relatively flat trend pattern. Pakistan (+3.1 p.p.) significantly strengthened its position in terms of the total exports, while Bangladesh saw its share reduced by -2.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Bangladesh ($X) remains the largest non-knitted men apparel supplier in Southern Asia, comprising 71% of total exports. The second position in the ranking was held by Pakistan ($X), with a 17% share of total exports. It was followed by India, with a 9.1% share.

In Bangladesh, non-knitted men apparel exports increased at an average annual rate of +6.9% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Pakistan (+9.0% per year) and India (+2.1% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per unit, growing by 13% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2016 when the export price increased by 36% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in Sri Lanka ($X per unit) and Pakistan ($X per unit), while Bangladesh ($X per unit) and India ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.6%), while the other leaders experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports in Southern Asia

In 2022, imports of men's or boys' clothing (not knitted or crocheted) in Southern Asia declined to X units, shrinking by -13.5% against the year before. In general, imports, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2014 when imports increased by 62%. The volume of import peaked at X units in 2021, and then declined in the following year.

In value terms, non-knitted men apparel imports surged to $X in 2022. Total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.9% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 36%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

India represented the major importer of men's or boys' clothing (not knitted or crocheted) in Southern Asia, with the volume of imports accounting for X units, which was approx. 74% of total imports in 2022. It was distantly followed by Nepal (X units), achieving a 17% share of total imports. The following importers - Sri Lanka (X units) and Pakistan (X units) - each recorded a 5.7% share of total imports.

India was also the fastest-growing in terms of the men's or boys' clothing (not knitted or crocheted) imports, with a CAGR of +27.9% from 2012 to 2022. At the same time, Sri Lanka (+1.9%) displayed positive paces of growth. By contrast, Pakistan (-1.2%) and Nepal (-2.3%) illustrated a downward trend over the same period. From 2012 to 2022, the share of India increased by +57 percentage points.

In value terms, India ($X) constitutes the largest market for imported men's or boys' clothing (not knitted or crocheted) in Southern Asia, comprising 72% of total imports. The second position in the ranking was taken by Nepal ($X), with a 19% share of total imports. It was followed by Sri Lanka, with a 3% share.

From 2012 to 2022, the average annual growth rate of value in India amounted to +17.0%. In the other countries, the average annual rates were as follows: Nepal (-8.9% per year) and Sri Lanka (+0.5% per year).

Import Prices by Country

The import price in Southern Asia stood at $X per unit in 2022, surging by 39% against the previous year. Over the period under review, the import price, however, showed a abrupt descent. Over the period under review, import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nepal ($X per unit), while Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-1.4%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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