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Australia's baby wear imports drop significantly in Jan-Feb 2024

16 May '24
2 min read
Australia's baby wear imports drop significantly in Jan-Feb 2024
Pic: Adobe Stock

Insights

  • Australia's baby wear imports totalled $42.180 million in Jan-Feb 2024, down from $180.045 million in Jan-Feb 2023.
  • China was the leading supplier, making up over 50 per cent of imports, followed by Bangladesh and India.
  • In 2023, imports decreased by 17.43 per cent compared to 2022. Notably, China accounted for 55.11 per cent of imports in early 2024.
Australia’s total imports of baby wear reached $42.180 million in January-February 2024. This is a significant decrease from the $180.045 million imported in the same period in 2023. China was the leading supplier, accounting for over 50 per cent of these imports. Bangladesh and India were the second and third largest suppliers of baby wear to Australia during both January-February 2024 and the previous year.

According to Fibre2Fashion's market insight tool TexPro, Australia’s imports of baby wear decreased by 17.43 per cent in 2023 compared to 2022. In 2022, Australia imported baby wear worth $218.214 million. This decline in imports is attributed to economic uncertainty. Earlier import figures were $201.982 million in 2021, $167.670 million in 2020, and $169.574 million in 2019.

China was the dominant supplier of baby wear to Australia, with imports amounting to $23.245 million during January-February 2024, representing 55.11 per cent of Australia’s total imports of $42.180 million in the same period. Among the top three suppliers, Bangladesh held a 21.93 per cent share, and India held a 12.53 per cent share, according to TexPro.

In 2023, imports from China totalled $98.964 million, accounting for 54.97 per cent of Australia’s total baby wear imports. Imports from Bangladesh were valued at $35.400 million (19.66 per cent) and from India at $26.798 million (14.88 per cent) for the same year.

Fibre2Fashion News Desk (KUL)


This according to Fibre2Fashion's Market Intelligence Tool - TexPro

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