Uzbekistan: Market for Brassieres, Girdles And Corsets 2024

Market Size for Brassieres, Girdles And Corsets in Uzbekistan

The Uzbek brassiere, girdle and corset market expanded notably to $X in 2021, rising by 11% against the previous year. Overall, consumption posted a moderate increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market failed to regain momentum.

Production of Brassieres, Girdles And Corsets in Uzbekistan

In value terms, brassiere, girdle and corset production rose remarkably to $X in 2021 estimated in export price. Overall, production posted tangible growth. The most prominent rate of growth was recorded in 2019 with an increase of 89%. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Brassieres, Girdles And Corsets

Exports from Uzbekistan

For the fourth consecutive year, Uzbekistan recorded growth in shipments abroad of brassieres, girdles and corsets, which increased by 83% to X tons in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 253% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, brassiere, girdle and corset exports surged to $X in 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 598%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in years to come.

Exports by Country

Kyrgyzstan (X tons) was the main destination for brassiere, girdle and corset exports from Uzbekistan, accounting for a 75% share of total exports. Moreover, brassiere, girdle and corset exports to Kyrgyzstan exceeded the volume sent to the second major destination, Mongolia (X kg), fivefold. The third position in this ranking was held by Russia (X kg), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Kyrgyzstan stood at +44.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mongolia (+488.7% per year) and Russia (+27.0% per year).

In value terms, Kyrgyzstan ($X) remains the key foreign market for brassieres, girdles and corsets exports from Uzbekistan, comprising 66% of total exports. The second position in the ranking was taken by Russia ($X), with a 29% share of total exports. It was followed by Mongolia, with a 4.1% share.

From 2012 to 2021, the average annual growth rate of value to Kyrgyzstan amounted to +59.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+36.7% per year) and Mongolia (+1,086.5% per year).

Export Prices by Country

In 2021, the average brassiere, girdle and corset export price amounted to $X per ton, falling by -35.1% against the previous year. In general, the export price showed a mild downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 98% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Russia ($X per ton), while the average price for exports to Mongolia ($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 Mongolia (+101.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports into Uzbekistan

In 2021, overseas purchases of brassieres, girdles and corsets increased by 101% to X tons for the first time since 2017, thus ending a three-year declining trend. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of 25,766% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

In value terms, brassiere, girdle and corset imports skyrocketed to $X in 2021. In general, imports recorded significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 38,894%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

Belarus (X tons), China (X tons) and Turkey (X kg) were the main suppliers of brassiere, girdle and corset imports to Uzbekistan, with a combined 88% share of total imports. Vietnam, the United Arab Emirates and France lagged somewhat behind, together comprising a further 3%.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +395.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest brassiere, girdle and corset suppliers to Uzbekistan were Belarus ($X), China ($X) and Turkey ($X), with a combined 85% share of total imports. Vietnam, France and the United Arab Emirates lagged somewhat behind, together accounting for a further 2.8%.

In terms of the main suppliers, Vietnam, with a CAGR of +419.4%, recorded 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

The average brassiere, girdle and corset import price stood at $X per ton in 2021, rising by 6.5% against the previous year. Overall, import price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, brassiere, girdle and corset import price increased by +19.1% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 51% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+12.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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