Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in China - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (FOB) - 2023
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (CIF) - 2023
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (FOB) - 2023
The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $2.0 per pair in December 2023, picking up by 11% against the previous month. In general, the export price, however, continues to indicate a perceptible contraction. The growth pace was the most rapid in November 2023 an increase of 73% m-o-m. Over the period under review, the average export prices reached the peak figure at $2.6 per pair in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($3.1 per pair), while the average price for exports to Saudi Arabia ($195 per thousand pairs) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (CIF) - 2023
The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $7.6 per pair in December 2023, surging by 2.9% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 86% against the previous month. As a result, import price reached the peak level of $12.1 per pair. From March 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($24.6 per pair), while the price for Spain ($5.7 per pair) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China
In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from China expanded slightly to 8.9M pairs, growing by 4.4% compared with the year before. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $17M in 2022. The total export value increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.8 | 5.3 | 6.7 | 9.2 | 34.3% |
| South Korea | 0.7 | 0.9 | 1.7 | 1.4 | 26.0% |
| Japan | 0.1 | 0.2 | 0.1 | 1.1 | 122.4% |
| Canada | 0.3 | 0.1 | 0.1 | 1.0 | 49.4% |
| Saudi Arabia | 0.3 | 0.1 | N/A | 0.4 | 10.1% |
| Chile | 0.3 | 0.2 | 0.8 | 0.4 | 10.1% |
| Germany | 1.3 | 0.9 | 0.8 | 0.3 | -38.7% |
| Mexico | N/A | N/A | 0.3 | 0.2 | -33.3% |
| Sweden | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| United Arab Emirates | 0.2 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 3.9 | 3.4 | 3.1 | -21.1% |
| Total | 13.5 | 11.8 | 14.2 | 17.4 | 8.8% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from China in 2022:
- United States (5612.9K pairs)
- Canada (447.6K pairs)
- Japan (439.4K pairs)
- South Korea (377.9K pairs)
- Saudi Arabia (234.0K pairs)
- Mexico (218.7K pairs)
- Chile (213.7K pairs)
- Sweden (137.2K pairs)
- Germany (128.8K pairs)
- United Arab Emirates (8.0K pairs)
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China
In 2022, supplies from abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -5.6% to 755K pairs, falling for the second year in a row after two years of growth. In general, imports showed a abrupt slump. The pace of growth was the most pronounced in 2020 when imports increased by 3.8%. As a result, imports attained the peak of 1.1M pairs. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds dropped to $5.4M in 2022. Overall, imports faced a deep downturn. The growth pace was the most rapid in 2020 with an increase of 3.9% against the previous year. As a result, imports attained the peak of $8.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Costa Rica | 2,258 | 4,038 | 1,301 | 2,064 | -3.0% |
| Germany | 2,837 | 1,400 | 1,606 | 1,263 | -23.6% |
| Taiwan (Chinese) | 1,477 | 1,607 | 1,448 | 926 | -14.4% |
| Italy | 521 | 367 | 465 | 433 | -6.0% |
| Switzerland | 293 | 383 | 424 | 245 | -5.8% |
| United States | 288 | 179 | 154 | 220 | -8.6% |
| Spain | 77.9 | 70.9 | 89.9 | 87.2 | 3.8% |
| Turkey | 117 | 83.8 | 126 | 69.9 | -15.8% |
| Others | 204 | 262 | 358 | 121 | -16.0% |
| Total | 8,073 | 8,390 | 5,973 | 5,428 | -12.4% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to China in 2022:
- Costa Rica (256.3K pairs)
- Germany (187.3K pairs)
- Taiwan (Chinese) (156.8K pairs)
- Italy (71.0K pairs)
- United States (23.2K pairs)
- Turkey (15.0K pairs)
- Spain (14.8K pairs)
- Switzerland (14.1K pairs)
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