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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $4.4 per pair in 2022, picking up by 8.2% against the previous year. Over the period under review, the import price, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of 146%. Over the period under review, average import prices attained the maximum at $15 per pair in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 India ($10 per pair), while the price for Pakistan ($2.5 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -35.8% to 9K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, posted significant growth. Over the period under review, imports of attained the peak figure at 14K pairs in 2021, and then declined significantly in the following year.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted significantly to $40K in 2022. Over the period under review, imports, however, posted a prominent increase. Imports peaked at $57K in 2021, and then contracted rapidly in the following year.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ghana (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.3N/A11.011.752.5%
IndiaN/AN/A7.27.1-1.4%
PakistanN/AN/AN/A0.50%
LebanonN/AN/A2.0N/A0%
Others29.0N/A37.120.4-11.1%
Total32.3N/A57.339.87.2%

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

  1. China (3.5K pairs)
  2. India (0.7K pairs)
  3. Pakistan (0.2K pairs)

Source: IndexBox Market Intelligence Platform

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