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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $12 per pair in 2022, with an increase of 12% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by +87.8% against 2016 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 20%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($15 per pair), while the price for the Czech Republic ($4.4 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $15 per pair in 2022, picking up by 21% against the previous year. Overall, the export price saw a prominent expansion. The growth pace was the most rapid in 2020 an increase of 39% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($20 per pair), while the average price for exports to Norway ($2.5 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 Latvia (+13.5%), 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 Estonia

In 2022, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Estonia expanded significantly to 114K pairs, growing by 13% compared with 2021 figures. Overall, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 with an increase of 53%. Over the period under review, imports of reached the maximum at 143K pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $1.4M in 2022. In general, imports posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain7663667921,02810.3%
Italy253172162211-5.9%
Germany24.144.280.372.444.3%
Finland1.68.014.620.1132.5%
Czech Republic11.51.82.411.70.6%
Others31.115.820.519.4-14.6%
Total1,0886071,0721,3627.8%

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

  1. Spain (70.7K pairs)
  2. Italy (32.2K pairs)
  3. Germany (4.8K pairs)
  4. Czech Republic (2.7K pairs)
  5. Finland (2.0K pairs)

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

In 2022, approx. 71K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were exported from Estonia; with an increase of 7.7% on 2021. Overall, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 101% against the previous year. The exports peaked at 87K pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $1M in 2022. Over the period under review, exports continue to indicate prominent growth. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7183657921,02812.7%
Norway2.33.52.95.332.1%
Others6.013.15.09.516.6%
Total7273828001,04312.8%

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

  1. Russia (68.5K pairs)
  2. Norway (2.1K pairs)

Source: IndexBox Market Intelligence Platform

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