Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Lithuania - 2023

Contents:

  1. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (FOB) - 2022
  2. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (CIF) - 2023
  3. Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania
  4. Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (FOB) - 2022

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $7.7 per pair in 2022, shrinking by -16.8% against the previous year. Overall, the export price showed a mild downturn. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. The export price peaked at $9.5 per pair in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($19 per pair), while the average price for exports to Russia ($5.3 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+8.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (CIF) - 2023

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $3.6 per pair in October 2023, dropping by -62.9% against the previous month. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in April 2023 an increase of 109% m-o-m. As a result, import price reached the peak level of $14.7 per pair. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($9.3 per pair), while the price for Poland ($2.6 per pair) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Estonia (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania

In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Lithuania soared to 316K pairs, with an increase of 26% against 2021 figures. Over the period under review, total exports indicated notable growth from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.8% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 26%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds reached $2.4M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 34%. Over the period under review, the exports of hit record highs at $2.5M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,2138761,0751,3263.0%
Belarus660412503520-7.6%
Kazakhstan4853066444980.9%
Kyrgyzstan48.051.755.549.30.9%
Others52.575.936.433.4-14.0%
Total2,4581,7212,3152,427-0.4%

Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Lithuania in 2022:

  1. Russia (248.6K pairs)
  2. Kazakhstan (31.9K pairs)
  3. Belarus (27.1K pairs)
  4. Kyrgyzstan (4.6K pairs)

Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania

In 2022, approx. 332K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into Lithuania; growing by 31% against the previous year's figure. In general, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds expanded markedly to $2.2M in 2022. Overall, total imports indicated a modest expansion from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy4945588771,48044.2%
Latvia728437712537-9.6%
Germany1131102211284.2%
Poland10822.867.23.1-69.4%
United Kingdom6360.50.2N/A-98.2%
PortugalN/A165102N/A-38.2%
Others32.625.942.744.010.5%
Total2,1111,3192,0222,1921.3%

Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Lithuania in 2022:

  1. Italy (273.5K pairs)
  2. Latvia (43.5K pairs)
  3. Germany (7.1K pairs)
  4. Poland (0.4K pairs)

Source: IndexBox Market Intelligence Platform

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