Southern Asia: Pantyhose Market 2024

Pantyhose Market Size in Southern Asia

The South Asian pantyhose market reduced to $X in 2022, falling by X% against the previous year. Over the period under review, consumption recorded a perceptible decline. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Pantyhose Production in Southern Asia

In value terms, pantyhose production declined slightly to $X in 2022 estimated in export price. In general, production recorded a mild reduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Pantyhose Exports

Exports in Southern Asia

Pantyhose exports soared to X pairs in 2022, with an increase of X% on 2021 figures. In general, exports enjoyed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, pantyhose exports reduced modestly to $X in 2022. Over the period under review, exports showed resilient growth. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then reduced slightly in the following year.

Exports by Country

In 2022, India (X pairs) represented the key exporter of pantyhose and tights, constituting X% of total exports. It was distantly followed by Bangladesh (X pairs), constituting a X% share of total exports. Pakistan (X pairs) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pantyhose exports from India stood at X%. At the same time, Pakistan (X%) and Bangladesh (X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India and Pakistan increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) remains the largest pantyhose supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%. In the other countries, the average annual rates were as follows: Bangladesh (X% per year) and Pakistan (X% per year).

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per pair, which is down by X% against the previous year. Export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of X%. The level of export peaked at $X per pair in 2021, and then declined sharply in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per pair), while India ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced a decline in the export price figures.

Pantyhose Imports

Imports in Southern Asia

In 2022, supplies from abroad of pantyhose and tights decreased by X% to X pairs, falling for the third year in a row after five years of growth. Over the period under review, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, imports reached the peak figure at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, pantyhose imports shrank to $X in 2022. In general, imports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the one major importers of pantyhose and tights, namely India, represented more than two-thirds of total import.

India was also the fastest-growing in terms of the pantyhose and tights imports, with a CAGR of X% from 2012 to 2022. India (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported pantyhose and tights in Southern Asia.

In India, pantyhose imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per pair, shrinking by X% against the previous year. In general, the import price saw a slight slump. The most prominent rate of growth was recorded in 2020 when the import price increased by X% against the previous year. The level of import peaked at $X per pair in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to X% per year.

Source: IndexBox Platform

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