South-Eastern Asia: Baby Clothes Market 2024

Baby Clothes Market Size in South-Eastern Asia

The Southeast Asian baby clothes market dropped to $X in 2022, shrinking by X% against the previous year. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Baby Clothes Production in South-Eastern Asia

In value terms, baby clothes production fell to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Baby Clothes Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of babies clothing and accessories (not knitted or crocheted) increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports, however, continue to indicate a mild contraction. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, baby clothes exports surged to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Indonesia (X tons), Vietnam (X tons), Thailand (X tons) and Cambodia (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Myanmar (X tons), achieving a X% share of total exports. Malaysia (X tons) followed a long way behind the leaders.

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

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

In terms of the main exporting countries, Myanmar, with a CAGR of X%, recorded the highest growth rate of 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 South-Eastern Asia amounted to $X per ton, remaining relatively unchanged 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 2018 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat 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 ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Baby Clothes Imports

Imports in South-Eastern Asia

In 2022, approx. X tons of babies clothing and accessories (not knitted or crocheted) were imported in South-Eastern Asia; rising by X% compared with the previous year. In general, imports showed a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, baby clothes imports surged to $X in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Malaysia was the major importer of babies clothing and accessories (not knitted or crocheted) in South-Eastern Asia, with the volume of imports recording X tons, which was near X% of total imports in 2022. It was distantly followed by Thailand (X tons), committing a X% share of total imports. The following importers - Brunei Darussalam (X tons), Singapore (X tons), Myanmar (X tons) and Cambodia (X tons) - together made up X% of total imports.

Imports into Malaysia increased at an average annual rate of X% from 2012 to 2022. At the same time, Myanmar (X%), Cambodia (X%), Thailand (X%) and Brunei Darussalam (X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Singapore (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Brunei Darussalam (X p.p.) and Singapore (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported babies clothing and accessories (not knitted or crocheted) in South-Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Thailand stood at X%. In the other countries, the average annual rates were as follows: Malaysia (X% per year) and Singapore (X% per year).

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with a decrease of X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then fell rapidly in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :