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

Contents:

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

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

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $8.6 per pair, shrinking by -15.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2015 when the average export price increased by 41%. The export price peaked at $11 per pair in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($9.3 per pair), while the average price for exports to the United Arab Emirates ($0.8 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 Netherlands (+2.0%), 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 Pakistan (CIF) - 2022

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $7.5 per pair, waning by -7.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth was the most pronounced in 2015 when the average import price increased by 21%. As a result, import price reached the peak level of $8.3 per pair. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($7.5 per pair), while the price for Germany stood at $7.5 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%).

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

In 2022, shipments abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -14.7% to 4.9M pairs, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a resilient increase. The pace of growth was the most pronounced in 2020 when exports increased by 253%. As a result, the exports reached the peak of 13M 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 dropped remarkably to $42M in 2022. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 288%. As a result, the exports reached the peak of $130M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States18.466.234.218.60.4%
Netherlands0.617.13.34.189.8%
Belgium0.77.51.53.266.0%
United Kingdom2.111.54.02.911.4%
Italy0.81.31.72.444.2%
France1.31.32.62.117.3%
Germany2.57.51.61.9-8.7%
Canada1.85.32.31.6-3.9%
Spain1.02.21.31.411.9%
United Arab EmiratesN/AN/A0.10.2100.0%
OmanN/AN/AN/A0.10%
Others4.310.55.93.7-4.9%
Total33.613058.642.17.8%

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

  1. United States (2002.1K pairs)
  2. Netherlands (437.5K pairs)
  3. Belgium (346.0K pairs)
  4. United Kingdom (312.7K pairs)
  5. United Arab Emirates (273.2K pairs)
  6. Italy (258.9K pairs)
  7. France (222.0K pairs)
  8. Germany (207.5K pairs)
  9. Canada (173.4K pairs)
  10. Spain (147.3K pairs)
  11. Oman (85.6K pairs)

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

After three years of growth, purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -23.7% to 428K pairs in 2022. The total import volume increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 33%. As a result, imports attained the peak of 561K pairs, and then contracted notably in the following year.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds fell dramatically to $3.2M in 2022. In general, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +3.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of $4.5M, and then contracted markedly in the following year.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Pakistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.63.24.33.16.0%
Germany0.20.10.1N/A-29.3%
Others0.1N/A0.10.10.0%
Total2.93.44.53.23.3%

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

  1. China (414.7K pairs)
  2. Germany (6.2K pairs)

Source: IndexBox Market Intelligence Platform

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