CIS: Pantyhose Market 2024

Pantyhose Market Size in CIS

In 2023, the CIS pantyhose market decreased by X% to $X for the first time since 2015, thus ending a seven-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2022, and then shrank in the following year.

Pantyhose Production in CIS

In value terms, pantyhose production declined to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2022, and then declined in the following year.

Pantyhose Exports

Exports in CIS

In 2023, pantyhose exports in the CIS skyrocketed to X pairs, rising by X% on the previous year. Overall, exports, however, saw a pronounced reduction. The volume of export peaked at X pairs in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, pantyhose exports skyrocketed to $X in 2023. Over the period under review, exports, however, showed a abrupt contraction. The level of export peaked at $X in 2013; however, from 2014 to 2023, the exports remained at a lower figure.

Exports by Country

Belarus represented the key exporter of pantyhose and tights in the CIS, with the volume of exports amounting to X pairs, which was near X% of total exports in 2023. It was distantly followed by Russia (X pairs), achieving a X% share of total exports. The following exporters - Uzbekistan (X pairs), Kyrgyzstan (X pairs) and Armenia (X pairs) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to pantyhose exports from Belarus stood at X%. At the same time, Uzbekistan (X%), Armenia (X%) and Russia (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2023. By contrast, Kyrgyzstan (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Russia, Uzbekistan and Armenia increased by X, X and X percentage points, respectively.

In value terms, Belarus ($X) emerged as the largest pantyhose supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Russia ($X), with a X% share of total exports. It was followed by Uzbekistan, with a X% share.

In Belarus, pantyhose exports decreased by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Russia (X% per year) and Uzbekistan (X% per year).

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per pair, which is down by X% against the previous year. In general, the export price recorded a perceptible reduction. The growth pace was the most rapid in 2022 an increase of X% against the previous year. The level of export peaked at $X per pair in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Uzbekistan ($X per pair), while Kyrgyzstan ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Armenia (X%), while the other leaders experienced mixed trends in the export price figures.

Pantyhose Imports

Imports in CIS

Pantyhose imports surged to X pairs in 2023, rising by X% on the year before. Total imports indicated modest growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X pairs. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, pantyhose imports skyrocketed to $X in 2023. Over the period under review, imports, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Russia (X pairs) represented the largest importer of pantyhose and tights, achieving X% of total imports. Kazakhstan (X pairs) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Azerbaijan (X%). Moldova (X pairs) took a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Azerbaijan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported pantyhose and tights in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Azerbaijan, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Kazakhstan (X% per year) and Azerbaijan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per pair in 2023, reducing by X% against the previous year. Overall, the import price saw a perceptible downturn. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. The level of import peaked at $X per pair in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per pair), while Azerbaijan ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Moldova (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform