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

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

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $21 per pair in 2021, picking up by 51% against the previous year. Over the period under review, export price indicated a significant expansion from 2020 to 2021: its price increased at an average annual rate of +50.7% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($71 per pair), while the average price for exports to Bahrain stood at $7.7 per pair.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (-20.3%).

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

In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -35% to 13 pairs, falling for the second year in a row after two years of growth. Overall, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2020 with an increase of 29% against the previous year. As a result, the exports reached the peak of 31 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 reduced to $397 in 2022. Over the period under review, exports saw a noticeable descent. The smallest decline of -2.7% was in 2021. Over the period under review, the exports of reached the maximum at $451 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.