Asia: Baby Garment Market 2024

Baby Garment Market Size in Asia

The Asian baby garment market dropped to $X in 2022, falling by X% against the previous year. The total consumption indicated a modest increase 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 increased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Baby Garment Production in Asia

In value terms, baby garment production shrank modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Baby Garment Exports

Exports in Asia

In 2022, the amount of babies garments and clothing accessories (knitted or crocheted) exported in Asia fell slightly to X units, waning by X% compared with 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2021, and then declined modestly in the following year.

In value terms, baby garment exports expanded slightly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

China (X units) and Bangladesh (X units) represented roughly X% of total exports in 2022. India (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Cambodia (X%) and Turkey (X%). Vietnam (X units), Sri Lanka (X units) and the United Arab Emirates (X units) held a little share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the United Arab Emirates (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and India ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Vietnam, Cambodia, Turkey, Sri Lanka and the United Arab Emirates lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, the United Arab Emirates, with a CAGR of X%, recorded the highest rates of growth with regard to 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 2022, the export price in Asia amounted to $X per unit, rising by 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 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices failed to regain momentum.

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 ($X per unit), while Turkey ($X per unit) was amongst the lowest.

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

Baby Garment Imports

Imports in Asia

Baby garment imports fell modestly to X units in 2022, dropping by X% on 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, baby garment imports declined modestly to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, the United Arab Emirates (X units), distantly followed by Japan (X units), India (X units), Kyrgyzstan (X units), Iraq (X units) and Israel (X units) represented the main importers of babies garments and clothing accessories (knitted or crocheted), together constituting X% of total imports. The following importers - Malaysia (X units), China (X units), Hong Kong SAR (X units), South Korea (X units), Kazakhstan (X units), Oman (X units) and Azerbaijan (X units) - together made up X% of total imports.

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

In value terms, the largest baby garment importing markets in Asia were Japan ($X), the United Arab Emirates ($X) and Israel ($X), with a combined X% share of total imports. China, South Korea, Hong Kong SAR, India, Oman, Malaysia, Kazakhstan, Iraq, Azerbaijan and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Azerbaijan, with a CAGR of X%, recorded 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

In 2022, the import price in Asia amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. The level of import peaked at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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