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Republic of Korea - Brassieres - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBrassiere Price in South Korea - 2022
Contents:
- Brassiere Price in South Korea (CIF) - 2022
- Brassiere Price in South Korea (FOB) - 2022
- Brassiere Imports in South Korea
- Brassiere Exports in South Korea
Brassiere Price in South Korea (CIF) - 2022
In December 2022, the average brassiere import price amounted to $4.3 per unit, with an increase of 4.5% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 9.9% month-to-month. The import price peaked at $4.4 per unit in February 2022; however, from March 2022 to December 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2022, the country with the highest price was Vietnam ($8.2 per unit), while the price for China ($3.1 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Brassiere Price in South Korea (FOB) - 2022
In 2022, the average brassiere export price amounted to $3.9 per unit, growing by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The pace of growth appeared the most rapid in 2014 when the average export price increased by 30%. As a result, the export price reached the peak level of $4.5 per unit. From 2015 to 2022, the average 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 Switzerland ($5.5 per unit), while the average price for exports to Vietnam ($2.2 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 the Philippines (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.
Brassiere Imports in South Korea
Brassiere imports into South Korea dropped to 54M units in 2022, falling by -1.6% compared with the year before. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 3.2% against the previous year. As a result, imports attained the peak of 54M units, and then dropped slightly in the following year.
In value terms, brassiere imports dropped slightly to $205M in 2022. Overall, imports recorded a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by 5.2%. Over the period under review, imports hit record highs at $214M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Brassiere in South Korea (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 97.4 | 94.8 | 88.6 | 115 | 5.7% |
Vietnam | 47.4 | 43.5 | 27.7 | 39.3 | -6.1% |
Indonesia | 30.3 | 28.8 | 17.8 | 25.5 | -5.6% |
Philippines | 21.0 | 17.6 | 15.7 | 10.8 | -19.9% |
Cambodia | 8.9 | 6.8 | 4.0 | 6.5 | -9.9% |
Others | 9.4 | 8.3 | 56.3 | 8.0 | -5.2% |
Total | 214 | 200 | 210 | 205 | -1.4% |
Top Suppliers of Brassiere to South Korea in 2022:
- China (35.4M units)
- Vietnam (7.6M units)
- Indonesia (6.0M units)
- Cambodia (1.7M units)
- Philippines (1.6M units)
Brassiere Exports in South Korea
Brassiere exports from South Korea reduced sharply to 481K units in 2022, which is down by -32.6% on the year before. In general, exports faced a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. Over the period under review, the exports hit record highs at 737K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, brassiere exports shrank markedly to $1.9M in 2022. Overall, exports showed a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 58%. As a result, the exports reached the peak of $2.3M, and then fell markedly in the following year.
Export of Brassiere in South Korea (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 452 | 509 | 688 | 744 | 18.1% |
Hong Kong SAR | 75.8 | 73.1 | 125 | 221 | 42.9% |
Taiwan (Chinese) | 202 | 101 | 20.0 | 187 | -2.5% |
United States | 347 | 151 | 320 | 129 | -28.1% |
Mongolia | 108 | 105 | 89.1 | 101 | -2.2% |
Netherlands | N/A | 30.2 | 48.2 | 64.8 | 46.5% |
Switzerland | 21.2 | 7.3 | 0.1 | 45.1 | 28.6% |
China | 493 | 119 | 92.3 | 39.3 | -57.0% |
Panama | 9.3 | 33.0 | 34.9 | 35.1 | 55.7% |
Vietnam | 10.8 | 52.8 | 27.8 | 31.3 | 42.6% |
Indonesia | 124 | 124 | 16.1 | 18.8 | -46.7% |
Philippines | 95.3 | 11.0 | 7.2 | 10.4 | -52.2% |
Others | 165 | 146 | 835 | 256 | 15.8% |
Total | 2,103 | 1,463 | 2,304 | 1,883 | -3.6% |
Top Export Markets for Brassiere from South Korea in 2022:
- Japan (134.9K units)
- Taiwan (Chinese) (67.9K units)
- Hong Kong SAR (56.3K units)
- United States (33.0K units)
- Mongolia (27.7K units)
- Netherlands (25.0K units)
- China (14.8K units)
- Vietnam (14.4K units)
- Panama (9.3K units)
- Switzerland (8.1K units)
- Indonesia (4.2K units)
- Philippines (2.7K units)
This report provides an in-depth analysis of the brassiere market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14142530 - Brassieres
Country coverage:
- South Korea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Republic of Korea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The global brassieres market is expected to see continued growth over the next seven years, with increased demand driving market expansion. By 2030, the market volume is projected to reach 5.7 billion units, with a value of $25 billion.
Explore the top import markets for brassieres worldwide, including the United States, Germany, France, Japan, and the United Kingdom. Discover key statistics and market insights from IndexBox's market intelligence platform.
Explore the top import markets for brassiere, girdle, and corset and the key statistics. Discover the countries leading the global market for intimate clothing.
In 2016, the global corset imports totaled X tons, coming up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% from 2007 to 2016- the tr...
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