Brazil: Men Swimwear Market 2024

Men Swimwear Market Size in Brazil

The Brazilian men swimwear market rose slightly to $X in 2023, growing by X% against the previous year. Overall, the total consumption indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2016 indices. Over the period under review, the market attained the maximum level in 2023 and is likely to see gradual growth in the near future.

Men Swimwear Production in Brazil

In value terms, men swimwear production expanded modestly to $X in 2023 estimated in export price. In general, the total production indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Men swimwear production peaked at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Men Swimwear Exports

Exports from Brazil

In 2023, the amount of mens swimwear (excluding of knitted or crocheted textiles) exported from Brazil dropped rapidly to X units, falling by X% against 2022. Overall, exports saw a perceptible decrease. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, men swimwear exports declined significantly to $X in 2023. In general, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X units), Argentina (X units) and Paraguay (X units) were the main destinations of men swimwear exports from Brazil, together accounting for X% of total exports. Portugal, Ecuador, Israel, the Dominican Republic, Panama, Switzerland, France, Cabo Verde, Germany and the United States lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ecuador (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Italy ($X) and the United States ($X) constituted the largest markets for men swimwear exported from Brazil worldwide, together accounting for X% of total exports.

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

Export Prices by Country

The average men swimwear export price stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per unit in 2021; however, from 2022 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Cabo Verde ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Men Swimwear Imports

Imports into Brazil

In 2023, supplies from abroad of mens swimwear (excluding of knitted or crocheted textiles) increased by X% to X units, rising for the seventh consecutive year after two years of decline. Overall, imports, however, saw a noticeable slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, men swimwear imports rose notably to $X in 2023. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Bangladesh (X units) and Indonesia (X units) were the main suppliers of men swimwear imports to Brazil, with a combined X% share of total imports. Vietnam, Sri Lanka, Turkey, Argentina and Cambodia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and Argentina ($X) constituted the largest men swimwear suppliers to Brazil, together comprising X% of total imports. Turkey, Sri Lanka, Indonesia, Vietnam and Cambodia lagged somewhat behind, together comprising a further X%.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average men swimwear import price amounted to $X per unit, reducing by X% against the previous year. Overall, the import price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2022, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Argentina ($X per unit), while the price for Bangladesh ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Cambodia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform