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

Contents:

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

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

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $1.3 per pair in 2022, picking up by 7.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 22%. The export price peaked at $1.6 per pair in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($1.5 per pair), while the average price for exports to the Netherlands amounted to $1.3 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+12.6%), 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 Sri Lanka (CIF) - 2022

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $8.3 per pair in 2022, waning by -12.7% against the previous year. In general, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75% against the previous year. The import price peaked at $9.5 per pair in 2021, and then shrank in the following year.

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 Costa Rica ($10 per pair), while the price for China ($5.6 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+27.2%), 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 Sri Lanka

In 2022, after two years of decline, there was significant growth in overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume increased by 36% to 872K pairs. Over the period under review, exports, however, recorded a abrupt downturn. The exports peaked at 1.1M pairs in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $1.1M in 2022. In general, exports, however, saw a drastic downturn. Over the period under review, the exports of reached the peak figure at $1.3M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9773544531,0763.3%
Italy58.550522163.02.5%
Russia90.6N/AN/AN/A0%
Others2091561073.6-74.2%
Total1,3351,0157811,143-5.0%

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

  1. Netherlands (830.1K pairs)
  2. Italy (41.3K pairs)

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

For the third consecutive year, Sri Lanka recorded decline in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which decreased by -21.9% to 20K pairs in 2022. Overall, imports saw a dramatic decline. The smallest decline of -10.3% was in 2021. Over the period under review, imports of hit record highs at 45K pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted significantly to $164K in 2022. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 0.7% against the previous year. Over the period under review, imports of hit record highs at $259K 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 Sri Lanka (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1231591621342.9%
China4.75.81.915.247.9%
Costa Rica20.317.833.713.6-12.5%
Sweden24.327.431.9N/A14.6%
United Kingdom19.18.1N/AN/A-57.6%
Singapore3.80.10.2N/A-77.1%
Taiwan (Chinese)36.81.42.9N/A-71.9%
Pakistan21.212.84.9N/A-51.9%
Others5.57.43.31.2-39.8%
Total259239241164-14.1%

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

  1. India (15.5K pairs)
  2. China (2.7K pairs)
  3. Costa Rica (1.3K pairs)

Source: IndexBox Market Intelligence Platform

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