Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Belgium - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (CIF) - 2023
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (FOB) - 2022
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (CIF) - 2023
The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $2.8 per pair in October 2023, shrinking by -71.5% against the previous month. Overall, the import price continues to indicate a perceptible contraction. The growth pace was the most rapid in November 2022 an increase of 87% m-o-m. Over the period under review, average import prices hit record highs at $13.8 per pair in March 2023; however, from April 2023 to October 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Vietnam ($11.7 per pair), while the price for China amounted to $2.4 per pair.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (FOB) - 2022
In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $13 per pair, surging by 42% against the previous year. Overall, the export price enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 an increase of 67% against the previous year. Over the period under review, the average export prices reached the peak figure at $18 per pair in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($56 per pair), while the average price for exports to Italy ($1 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 the Netherlands (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium
For the fourth year in a row, Belgium recorded growth in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which increased by 3% to 3.1M pairs in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.2% 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 +56.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. Imports peaked 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 fell slightly to $16M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $16M, leveling off in the following year.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.4 | 6.4 | 9.0 | 8.4 | 9.5% |
| Netherlands | 3.7 | 2.9 | 2.6 | 2.8 | -8.9% |
| Costa Rica | N/A | N/A | 1.6 | 2.7 | 68.8% |
| China | 0.4 | 1.6 | 1.6 | 0.6 | 14.5% |
| France | 0.5 | 0.5 | 0.3 | 0.3 | -15.7% |
| Spain | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Others | 1.5 | 0.9 | 1.3 | 1.2 | -7.2% |
| Total | 12.6 | 12.2 | 16.4 | 16.3 | 9.0% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Belgium in 2022:
- Costa Rica (1177.2K pairs)
- Germany (959.2K pairs)
- Netherlands (313.9K pairs)
- China (272.0K pairs)
- Spain (144.0K pairs)
- France (52.4K pairs)
Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium
In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -41.2% to 727K pairs, falling for the second year in a row after two years of growth. Overall, exports, however, recorded modest growth. The pace of growth was the most pronounced in 2020 when exports increased by 214% against the previous year. As a result, the exports attained the peak of 2.2M pairs. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted markedly to $9.5M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 31%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 7.5 | 7.9 | 7.6 | 6.4 | -5.1% |
| Germany | 1.0 | 1.6 | 2.7 | 2.0 | 26.0% |
| France | 0.3 | 0.6 | 0.8 | 0.9 | 44.2% |
| Italy | N/A | 0.9 | 0.1 | 0.1 | -66.7% |
| Mexico | N/A | N/A | N/A | 0.1 | 0% |
| Hungary | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Others | 0.3 | 0.7 | 0.1 | 0.1 | -30.7% |
| Total | 9.1 | 11.9 | 11.4 | 9.5 | 1.4% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Belgium in 2022:
- France (269.9K pairs)
- Germany (234.2K pairs)
- Netherlands (113.1K pairs)
- Italy (54.3K pairs)
- Mexico (15.1K pairs)
- Hungary (3.4K pairs)
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