Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Turkey - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey (FOB) - 2023
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey (CIF) - 2023
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey (FOB) - 2023
In November 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3.8 per pair, picking up by 26% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Israel ($7.7 per pair), while the average price for exports to Bosnia and Herzegovina ($924 per thousand pairs) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+7.9%), 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 Turkey (CIF) - 2023
In November 2023, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $6.6 per pair, falling by -4.1% against the previous month. Over the period under review, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 58% against the previous month. As a result, import price attained the peak level of $9.2 per pair. From July 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($36.9 per pair), while the price for China ($1.5 per pair) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+9.5%), 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 Turkey
In 2022, approx. 2.9M pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were exported from Turkey; falling by -7% on 2021 figures. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. Over the period under review, the exports of hit record highs at 3.7M 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 rose notably to $7.7M in 2022. The total export value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 34% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.1 | 8.5 | 1,340 | 1,432 | 275.3% |
| Russia | 201 | 305 | 531 | 669 | 49.3% |
| Israel | 285 | 306 | 407 | 524 | 22.5% |
| Ukraine | 54.2 | 36.5 | 127 | 394 | 93.7% |
| Greece | 456 | 359 | 439 | 339 | -9.4% |
| India | 295 | 278 | 199 | 288 | -0.8% |
| United Kingdom | 196 | 91.0 | 139 | 194 | -0.3% |
| Libya | 137 | 102 | 253 | 127 | -2.5% |
| Iraq | 615 | 210 | 104 | 106 | -44.3% |
| Bosnia and Herzegovina | 204 | 23.9 | 38.0 | 98.9 | -21.4% |
| Czech Republic | 44.2 | 71.0 | 96.0 | 97.4 | 30.1% |
| Cyprus | 40.2 | 37.4 | 62.5 | 89.9 | 30.8% |
| Algeria | 78.9 | 64.2 | 59.1 | 80.6 | 0.7% |
| Others | 3,543 | 3,207 | 3,052 | 3,252 | -2.8% |
| Total | 6,178 | 5,099 | 6,847 | 7,692 | 7.6% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Turkey in 2022:
- Iraq (307.3K pairs)
- United States (215.3K pairs)
- Israel (188.5K pairs)
- Libya (173.0K pairs)
- Russia (171.2K pairs)
- Greece (133.3K pairs)
- Cyprus (111.2K pairs)
- Czech Republic (107.1K pairs)
- Ukraine (106.7K pairs)
- Algeria (90.8K pairs)
- United Kingdom (73.9K pairs)
- Bosnia and Herzegovina (72.5K pairs)
- India (59.3K pairs)
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey
In 2022, approx. 136K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into Turkey; picking up by 12% against 2021 figures. Over the period under review, imports saw modest growth. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds dropped to $935K in 2022. Overall, imports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6%. Over the period under review, imports of attained the peak figure at $1.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 671 | 521 | 618 | 478 | -10.7% |
| Spain | 17.7 | 57.8 | 74.2 | 125 | 91.9% |
| Switzerland | 218 | 157 | 121 | 116 | -19.0% |
| Italy | 97.8 | 34.2 | 60.0 | 63.7 | -13.3% |
| China | 5.0 | 2.1 | 24.1 | 56.7 | 124.7% |
| United States | 56.3 | 47.0 | 48.8 | 47.2 | -5.7% |
| United Kingdom | 9.9 | N/A | 1.3 | 4.0 | -26.1% |
| Latvia | 84.1 | 4.4 | N/A | N/A | -94.8% |
| Others | 50.6 | 78.6 | 32.3 | 44.7 | -4.0% |
| Total | 1,211 | 902 | 980 | 935 | -8.3% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Turkey in 2022:
- Germany (51.1K pairs)
- China (34.7K pairs)
- Spain (19.3K pairs)
- Italy (8.6K pairs)
- United States (7.6K pairs)
- Switzerland (6.1K pairs)
- United Kingdom (2.4K pairs)
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