Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Singapore - 2022

Contents:

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

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

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $9.3 per pair, surging by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 23% against the previous year. Over the period under review, the average export prices attained the peak figure at $11 per pair in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($9.5 per pair) and India ($9.3 per pair), while the average price for exports to Taiwan (Chinese) ($9.3 per pair) and China ($9.3 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+37.5%), 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 Singapore (CIF) - 2022

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $7.5 per pair in 2022, waning by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. As a result, import price reached the peak level of $8.5 per pair. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Czech Republic ($7.5 per pair) and the United States ($7.5 per pair), while the price for the UK ($7.5 per pair) and Japan ($7.5 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.0%), 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 Singapore

In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Singapore soared to 365K pairs, increasing by 24% against 2021. In general, exports, however, recorded a pronounced decrease. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 547K 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 soared to $3.4M in 2022. Overall, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, the exports reached the peak of $5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,1834,1801,3692,059-1.9%
India469167492453-1.2%
Indonesia53.651.112821057.6%
Malaysia1871471302053.1%
Taiwan (Chinese)19097.376.5139-9.9%
South Korea15415022381.9-19.0%
AustraliaN/A0.421.678.21298.2%
Hong Kong SAR16089.012156.6-29.3%
Others69.414160.910514.8%
Total3,4655,0222,6223,388-0.7%

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

  1. China (222.0K pairs)
  2. India (48.9K pairs)
  3. Indonesia (22.7K pairs)
  4. Malaysia (22.1K pairs)
  5. Taiwan (Chinese) (15.0K pairs)
  6. South Korea (8.8K pairs)
  7. Australia (8.4K pairs)
  8. Hong Kong SAR (6.1K pairs)

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

In 2022, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Singapore surged to 301K pairs, picking up by 42% against the previous year's figure. Over the period under review, imports, however, showed a pronounced curtailment. Imports peaked at 351K pairs in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $2.3M in 2022. Overall, imports, however, saw a pronounced contraction. Over the period under review, imports of attained the peak figure at $2.7M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica1,4311,9144351,237-4.7%
Malaysia24.233.6584317135.7%
Switzerland16813821629821.1%
China22161.410277.9-29.4%
Germany47.138.362.573.315.9%
South Korea0.4N/A0.153.7412.0%
Romania0.415.1N/A35.0344.0%
Japan13432213830.7-38.8%
Others537173153139-36.3%
Total2,5622,6951,6912,262-4.1%

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

  1. Costa Rica (164.9K pairs)
  2. Malaysia (42.3K pairs)
  3. Switzerland (39.7K pairs)
  4. China (10.4K pairs)
  5. Germany (9.8K pairs)
  6. South Korea (7.2K pairs)
  7. Romania (4.7K pairs)
  8. Japan (4.1K pairs)

Source: IndexBox Market Intelligence Platform

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