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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $27 per pair in 2022, rising by 11% against the previous year. Over the period under review, the import price showed a strong expansion. The growth pace was the most rapid in 2020 an increase of 140% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.

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 Switzerland ($134 per pair), while the price for Italy ($3.8 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+39.6%), 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 Finland (FOB) - 2022

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $11 per pair, declining by -11.5% against the previous year. Over the period under review, the export price, however, recorded buoyant growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 75% against the previous year. As a result, the export price attained the peak level of $16 per pair. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($22 per pair), while the average price for exports to China ($0.3 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 the UK (+23.9%), 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 Finland

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds imported into Finland reduced to 126K pairs, waning by -5.1% compared with 2021 figures. In general, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 13%. Over the period under review, imports of attained the maximum at 256K pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds rose notably to $3.4M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5996791,0501,63039.6%
Sweden25273155751126.6%
Taiwan (Chinese)31977.3274302-1.8%
Switzerland268385295232-4.7%
Denmark0.172.23122031166.2%
France2.38.277.3157308.7%
Italy22554.143.870.2-32.2%
Lithuania43.241.911429.4-12.0%
China10459.726.119.6-42.7%
Costa Rica256N/AN/AN/A0%
Others2164174742535.4%
Total2,2852,5253,2233,40714.2%

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

  1. Denmark (47.2K pairs)
  2. Germany (26.1K pairs)
  3. Italy (18.5K pairs)
  4. Taiwan (Chinese) (9.2K pairs)
  5. Sweden (7.1K pairs)
  6. France (6.1K pairs)
  7. Lithuania (3.2K pairs)
  8. Switzerland (1.7K pairs)
  9. China (1.6K pairs)

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

For the fourth consecutive year, Finland recorded growth in overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which increased by 103% to 97K pairs in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds soared to $1.1M in 2022. In general, exports saw significant growth. 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 Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden20217418128512.2%
Estonia14.030.447.6154122.4%
LithuaniaN/AN/AN/A1480%
United Kingdom19.345.615813892.7%
Ireland20.316.123.281.959.2%
BulgariaN/AN/A3.516.8380.0%
Russia6.32.427.56.30.0%
ChinaN/A0.20.31.9208.2%
Others90.511615824739.7%
Total3523855981,07845.2%

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

  1. Lithuania (30.4K pairs)
  2. Sweden (18.7K pairs)
  3. Estonia (16.3K pairs)
  4. China (6.6K pairs)
  5. United Kingdom (6.2K pairs)
  6. Ireland (5.7K pairs)
  7. Bulgaria (4.4K pairs)
  8. Russia (1.5K pairs)

Source: IndexBox Market Intelligence Platform

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