Spain: Market for Brassieres, Girdles And Corsets 2025

Market Size for Brassieres, Girdles And Corsets in Spain

In 2021, after three years of decline, there was significant growth in the Spanish brassiere, girdle and corset market, when its value increased by 23% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Brassiere, girdle and corset consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Brassieres, Girdles And Corsets in Spain

In value terms, brassiere, girdle and corset production reached $X in 2021 estimated in export price. Overall, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 12%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Spain

In 2021, brassiere, girdle and corset exports from Spain expanded rapidly to X tons, growing by 13% against the previous year's figure. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 70%. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, brassiere, girdle and corset exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +6.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when exports increased by 38%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

Portugal (X tons), France (X tons) and Italy (X tons) were the main destinations of brassiere, girdle and corset exports from Spain, with a combined 56% share of total exports. Germany, Poland, the UK, Greece, Tunisia, San Marino, Turkey, Belgium and the Netherlands lagged somewhat behind, together comprising a further 27%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +19.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for brassiere, girdle and corset exported from Spain were Portugal ($X), France ($X) and Italy ($X), together comprising 56% of total exports. Germany, Poland, the UK, Greece, Turkey, Belgium, Tunisia, San Marino and the Netherlands lagged somewhat behind, together comprising a further 26%.

Among the main countries of destination, the UK, with a CAGR of +20.3%, 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

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, surging by 14% against the previous year. Over the period under review, export price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, brassiere, girdle and corset export price increased by +11.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 58% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Turkey ($X per ton), while the average price for exports to San Marino ($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 Portugal (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Spain

In 2021, brassiere, girdle and corset imports into Spain skyrocketed to X tons, growing by 27% compared with the year before. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, brassiere, girdle and corset imports surged to $X in 2021. The total import value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of brassiere, girdle and corset to Spain, with a 40% share of total imports. Moreover, brassiere, girdle and corset imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The third position in this ranking was held by Italy (X tons), with a 9.7% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+15.5% per year) and Italy (+6.6% per year).

In value terms, the largest brassiere, girdle and corset suppliers to Spain were China ($X), Italy ($X) and France ($X), together comprising 60% of total imports. Bangladesh, Belgium, the Netherlands, Germany, Austria, Vietnam, Tunisia, Sri Lanka, Cambodia and Ireland lagged somewhat behind, together accounting for a further 31%.

In terms of the main suppliers, Vietnam, with a CAGR of +22.3%, saw the highest rates of growth with regard to the value of imports, 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, with a decrease of -6.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2020 when the average import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :