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

Contents:

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

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Vietnam (CIF) - 2022

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $7.5 per pair, with a decrease of -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2015 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs at $8.5 per pair in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($7.5 per pair) and Taiwan (Chinese) ($7.5 per pair), while the price for China ($7.5 per pair) and South Korea ($7.5 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.3%), 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 Vietnam (FOB) - 2022

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $9.3 per pair, surging by 4.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2015 an increase of 41%. Over the period under review, the average export prices attained the peak figure at $11 per pair in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($9.3 per pair) and the United States ($9.3 per pair), while the average price for exports to South Korea ($9.3 per pair) and Taiwan (Chinese) ($9.3 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds imported into Vietnam skyrocketed to 229K pairs, increasing by 57% compared with 2021. Over the period under review, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -2.7% against 2020 indices. Imports peaked at 235K pairs in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $1.7M in 2022. In general, imports, however, recorded a slight contraction. Over the period under review, imports of attained the maximum at $1.9M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7477575051,02111.0%
China454190131275-15.4%
Mexico368572421135-28.4%
South Korea45.063.530.811837.9%
Taiwan (Chinese)37.713.731.267.521.4%
Turkey17.525.33.153.345.0%
United Kingdom78.259.014.1N/A-57.5%
Others44.019725.149.54.0%
Total1,7921,8771,1621,720-1.4%

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

  1. Germany (136.1K pairs)
  2. China (36.7K pairs)
  3. Mexico (18.0K pairs)
  4. South Korea (15.7K pairs)
  5. Taiwan (Chinese) (9.0K pairs)
  6. Turkey (7.1K pairs)

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

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds exported from Vietnam surged to 38K pairs, rising by 47% on the year before. In general, exports, however, faced a abrupt shrinkage. The exports peaked at 70K 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 soared to $348K in 2022. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of attained the maximum at $674K 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 Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan16422.063.7149-3.1%
Taiwan (Chinese)69.930.549.683.05.9%
MexicoN/AN/AN/A62.30%
South Korea48.24.51.027.0-17.6%
United States29813650.818.1-60.7%
GermanyN/A0.521.97.5287.3%
China69.916.6N/AN/A-76.3%
Others24.715.640.21.3-62.5%
Total674226227348-19.8%

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

  1. Japan (16.0K pairs)
  2. Taiwan (Chinese) (9.0K pairs)
  3. Mexico (6.7K pairs)
  4. South Korea (2.9K pairs)
  5. United States (2.0K pairs)
  6. Germany (0.8K pairs)

Source: IndexBox Market Intelligence Platform

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