ASEAN: Women Swimwear Market 2024

Women Swimwear Market Size in ASEAN

The ASEAN women swimwear market fell to $X in 2022, reducing by X% against the previous year. The total consumption indicated a slight expansion from 2012 to 2022: its value 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. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Women Swimwear Production in ASEAN

In value terms, women swimwear production dropped to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Women Swimwear Exports

Exports in ASEAN

Women swimwear exports soared to X units in 2022, jumping by X% compared with 2021 figures. In general, exports continue to indicate resilient growth. The growth pace was the most rapid in 2013 with an increase of X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, women swimwear exports expanded to $X in 2022. Over the period under review, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Indonesia was the key exporting country with an export of around X units, which resulted at X% of total exports. Vietnam (X units) ranks second in terms of the total exports with an X% share, followed by Thailand (X%), Cambodia (X%), the Philippines (X%) and Myanmar (X%). Singapore (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to women swimwear exports from Indonesia stood at X%. At the same time, Myanmar (X%), Singapore (X%), the Philippines (X%), Cambodia (X%), Thailand (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. While the share of Indonesia (X p.p.), Myanmar (X p.p.), the Philippines (X p.p.), Thailand (X p.p.), Cambodia (X p.p.) and Singapore (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Vietnam (X p.p.) displayed negative dynamics.

In value terms, Indonesia ($X), Vietnam ($X) and Thailand ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports. Cambodia, Myanmar, Singapore and the Philippines lagged somewhat behind, together comprising a further X%.

Myanmar, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, with a decrease of X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.

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

Women Swimwear Imports

Imports in ASEAN

In 2022, purchases abroad of womens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports recorded a buoyant increase. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, women swimwear imports surged to $X in 2022. Overall, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X units) and the Philippines (X units) represented the largest importers of womens swimwear (excluding of knitted or crocheted textiles) in 2022, reaching near X% and X% of total imports, respectively. Malaysia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Singapore (X%). The following importers - Myanmar (X units) and Indonesia (X units) - each amounted to a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X) constitutes the largest market for imported womens swimwear (excluding of knitted or crocheted textiles) in ASEAN, comprising X% of total imports. The second position in the ranking was held by Singapore ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

In Thailand, women swimwear imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the import price in ASEAN amounted to $X per unit, rising by X% against the previous year. Import price indicated measured growth 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. Based on 2022 figures, women swimwear import price increased by X% against 2018 indices. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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