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

Contents:

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

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Thailand (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, jumping by 35% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 112% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Myanmar ($9.2 per pair), while the average price for exports to New Caledonia ($0.6 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 New Caledonia (+18.5%), 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 Thailand (CIF) - 2022

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $4.9 per pair in 2022, with an increase of 33% against the previous year. In general, the import price, however, recorded a perceptible decline. The import price peaked at $6.7 per pair in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Italy ($9 per pair), while the price for China ($1.8 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.8%), 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 Thailand

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 126% to 860K pairs. Overall, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $2.9M in 2022. In general, exports saw a significant expansion. As a result, the exports attained 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar4.22.22921,571620.5%
Japan1430.29.467868.0%
Hong Kong SAR5523725235892.2%
Singapore40.439.843.726.2-13.4%
Maldives6.56.80.98.69.8%
New Caledonia11.33.29.70.1-79.3%
Others39.292.372.536.2-2.6%
Total7975169502,90954.0%

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

  1. Japan (358.7K pairs)
  2. Hong Kong SAR (292.9K pairs)
  3. Myanmar (171.6K pairs)
  4. Maldives (13.0K pairs)
  5. Singapore (8.0K pairs)
  6. New Caledonia (0.1K pairs)

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

In 2022, after two years of decline, there was growth in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume increased by 0.8% to 111K pairs. Overall, imports, however, recorded a deep reduction. Over the period under review, imports of reached the peak figure at 192K 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 skyrocketed to $544K in 2022. In general, imports, however, recorded a abrupt setback. Imports peaked at $765K 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico11179.010918217.9%
Germany213128130181-5.3%
China15157.252.748.4-31.6%
United States11665.025.240.7-29.5%
Switzerland21.713.813.430.512.0%
Taiwan (Chinese)10.615.814.915.914.5%
India16.47.120.212.5-8.7%
Hong Kong SAR42.61.40.50.2-83.3%
Others83.835.139.832.6-27.0%
Total765402406544-10.7%

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

  1. Mexico (34.2K pairs)
  2. Germany (30.0K pairs)
  3. China (27.5K pairs)
  4. United States (6.3K pairs)
  5. Switzerland (3.4K pairs)
  6. India (2.3K pairs)
  7. Taiwan (Chinese) (2.1K pairs)
  8. Hong Kong SAR (0.1K pairs)

Source: IndexBox Market Intelligence Platform

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