Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Hong Kong SAR - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR (CIF) - 2022
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3.4 per pair, increasing by 115% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 184%. Over the period under review, the average export prices hit record highs at $9.1 per pair in 2015; however, from 2016 to 2022, the export prices remained at a 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 Macao SAR ($25 per pair), while the average price for exports to the United States ($1.3 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 United States (+1.2%), 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 Hong Kong SAR (CIF) - 2022
The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $16 per pair in 2022, picking up by 23% against the previous year. In general, the import price enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 235% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 ($24 per pair), while the price for the United States ($10 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.3%), 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 Hong Kong SAR
In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -34% to 189K pairs, falling for the second year in a row after two years of growth. In general, exports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when exports increased by 14%. As a result, the exports attained the peak of 386K pairs. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $640K in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% 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 +59.7% against 2019 indices. As a result, the exports reached 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 Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | 26.7 | 84.7 | 250 | 206.0% |
| China | 77.6 | 0.1 | 40.7 | 197 | 36.4% |
| United States | 266 | 332 | 282 | 115 | -24.4% |
| Macao SAR | 52.5 | 46.6 | 42.3 | 72.6 | 11.4% |
| Others | 5.1 | 9.0 | 1.2 | 5.5 | 2.5% |
| Total | 401 | 414 | 451 | 640 | 16.9% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Hong Kong SAR in 2022:
- United States (91.3K pairs)
- Taiwan (Chinese) (65.1K pairs)
- China (27.2K pairs)
- Macao SAR (2.9K pairs)
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR
In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds imported into Hong Kong SAR plummeted to 37K pairs, falling by -18.5% on the previous year. Overall, imports continue to indicate a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year. Imports peaked at 260K 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 amounted to $587K in 2022. Over the period under review, imports recorded a deep downturn. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, imports of attained the maximum at $853K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 351 | 98.5 | 111 | 145 | -25.5% |
| Switzerland | 146 | 94.0 | 152 | 111 | -8.7% |
| Taiwan (Chinese) | 32.7 | 40.8 | 104 | 87.2 | 38.7% |
| Italy | 101 | 49.0 | 42.6 | 68.8 | -12.0% |
| United States | 32.3 | 30.4 | 40.5 | 53.8 | 18.5% |
| Japan | 15.5 | 0.5 | 6.7 | 50.7 | 48.4% |
| Singapore | 157 | 112 | 105 | 47.5 | -32.9% |
| Others | 16.9 | 26.3 | 24.7 | 23.6 | 11.8% |
| Total | 853 | 451 | 586 | 587 | -11.7% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Hong Kong SAR in 2022:
- China (8.4K pairs)
- Taiwan (Chinese) (6.2K pairs)
- Switzerland (5.8K pairs)
- United States (5.1K pairs)
- Italy (4.4K pairs)
- Japan (3.6K pairs)
- Singapore (2.9K pairs)
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