Sri Lanka: Baby Garment Market 2025

Baby Garment Market Size in Sri Lanka

In 2022, the Sri Lankan baby garment market decreased by -58.4% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a noticeable setback. As a result, consumption reached the peak level of $X, and then shrank remarkably in the following year.

Baby Garment Production in Sri Lanka

In value terms, baby garment production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the production volume increased by 17% against the previous year. Baby garment production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Baby Garment Exports

Exports from Sri Lanka

In 2022, overseas shipments of babies’ garments and clothing accessories (knitted or crocheted) were finally on the rise to reach X units after two years of decline. In general, total exports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of +8.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 26%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, baby garment exports soared to $X in 2022. Overall, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +42.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units), the United States (X units) and Ireland (X units) were the main destinations of baby garment exports from Sri Lanka, with a combined 83% share of total exports. Germany, Spain, Slovakia and the United Arab Emirates lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +60.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for baby garment exported from Sri Lanka were the UK ($X), the United States ($X) and Ireland ($X), with a combined 82% share of total exports. Germany, Spain, Slovakia and the United Arab Emirates lagged somewhat behind, together comprising a further 13%.

Spain, with a CAGR of +52.3%, recorded the highest growth rate of the value of exports, in terms of 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

The average baby garment export price stood at $X per unit in 2022, picking up by 10% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 12%. Over the period under review, the average export prices reached the maximum at $X per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($X per unit), while the average price for exports to Spain ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Baby Garment Imports

Imports into Sri Lanka

In 2022, imports of babies’ garments and clothing accessories (knitted or crocheted) into Sri Lanka dropped modestly to X units, declining by -2.7% against the previous year's figure. In general, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 160% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, baby garment imports surged to $X in 2022. Over the period under review, imports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 141% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Thailand (X units), India (X units) and Bangladesh (X units) were the main suppliers of baby garment imports to Sri Lanka, together comprising 95% of total imports. Indonesia, Pakistan, China and the United Arab Emirates lagged somewhat behind, together comprising a further 4.7%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +131.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest baby garment suppliers to Sri Lanka were India ($X), Thailand ($X) and Bangladesh ($X), with a combined 97% share of total imports. Pakistan, China, Indonesia and the United Arab Emirates lagged somewhat behind, together comprising a further 2.6%.

In terms of the main suppliers, Pakistan, with a CAGR of +137.5%, saw the highest growth rate of 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

The average baby garment import price stood at $X per unit in 2022, with an increase of 25% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +8.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baby garment import price increased by +42.1% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform