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

Contents:

  1. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States (CIF) - 2023
  2. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States (FOB) - 2022
  3. Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States
  4. Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States (CIF) - 2023

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $1.5 per pair in December 2023, surging by 34% against the previous month. In general, the import price recorded a tangible expansion. The pace of growth appeared the most rapid in January 2023 an increase of 169% against the previous month. As a result, import price attained the peak level of $2.8 per pair. From February 2023 to December 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Mexico ($4.5 per pair), while the price for Costa Rica ($516 per thousand pairs) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $1.1 per pair in 2022, surging by 5% against the previous year. Over the period under review, the export price, however, recorded a deep downturn. The growth pace was the most rapid in 2013 when the average export price increased by 7.6%. Over the period under review, the average export prices reached the peak figure at $3.6 per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($2.2 per pair), while the average price for exports to Germany ($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 Japan (-2.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds was finally on the rise to reach 28M pairs after two years of decline. Over the period under review, imports, however, showed a perceptible downturn. Imports peaked at 31M 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 amounted to $69M in 2022. The total import value increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico15.615.220.822.813.5%
Costa Rica16.815.814.218.12.5%
China17.616.311.910.5-15.8%
Germany6.95.15.85.7-6.2%
Taiwan (Chinese)3.72.83.74.99.8%
Brazil1.91.62.02.36.6%
Pakistan0.30.20.30.838.7%
Others2.62.53.63.813.5%
Total65.459.562.268.81.7%

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

  1. Costa Rica (9.0M pairs)
  2. China (8.3M pairs)
  3. Mexico (3.7M pairs)
  4. Taiwan (Chinese) (2.1M pairs)
  5. Pakistan (1.5M pairs)
  6. Germany (1.2M pairs)
  7. Brazil (0.9M pairs)

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

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds exported from the United States skyrocketed to 59M pairs, growing by 25% compared with the previous year. Over the period under review, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 48%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds soared to $63M in 2022. In general, exports recorded a relatively flat trend pattern. 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 the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada14.711.912.512.4-5.5%
Netherlands12.79.58.011.3-3.8%
Mexico4.23.43.38.124.5%
Japan6.64.75.07.96.2%
France3.33.03.23.52.0%
Germany4.03.23.43.5-4.4%
Australia5.13.34.63.2-14.4%
South Korea1.93.11.53.016.4%
Chile1.10.71.01.35.7%
Others7.45.75.08.44.3%
Total60.948.647.562.60.9%

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

  1. Canada (14.7M pairs)
  2. Netherlands (10.1M pairs)
  3. Mexico (7.3M pairs)
  4. Germany (4.6M pairs)
  5. Japan (3.7M pairs)
  6. South Korea (3.5M pairs)
  7. Australia (2.9M pairs)
  8. France (2.7M pairs)
  9. Chile (1.4M pairs)

Source: IndexBox Market Intelligence Platform

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