Report Update: May 1, 2024

Sri Lanka - Pantyhose And Tights - Market Analysis, Forecast, Size, Trends and Insights

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Pantyhose Price in Sri Lanka - 2021

Pantyhose Price in Sri Lanka (FOB) - 2022

In 2021, the average pantyhose export price amounted to $25 per pair, almost unchanged from the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2020 an increase of 27% against the previous year. As a result, the export price attained the peak level of $25 per pair, leveling off in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($64 per pair), while the average price for exports to India ($19 per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Pantyhose Price in Sri Lanka (CIF) - 2022

In 2021, the average pantyhose import price amounted to $7.9 per pair, falling by -28.9% against the previous year. Overall, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. As a result, import price attained the peak level of $22 per pair. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($20 per pair), while the price for China ($3.2 per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-0.6%), while the prices for the other major suppliers experienced a decline.

Pantyhose Exports in Sri Lanka

In 2022, pantyhose exports from Sri Lanka declined slightly to 313K pairs, shrinking by -3.9% on the year before. Over the period under review, total exports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 55%. As a result, the exports attained the peak of 326K pairs, and then contracted modestly in the following year.

In value terms, pantyhose exports contracted to $7.8M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $8.1M, and then reduced modestly in the following year.

Export of Pantyhose in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
India	230	284	781	84.3%
Norway	509	356	329	-19.6%
Italy	447	617	197	-33.6%
France	162	227	187	7.4%
Germany	80.6	98.4	67.3	-8.6%
United States	102	160	63.9	-20.9%
United Kingdom	705	343	50.7	-73.2%
Russia	128	150	N/A	17.2%
Japan	215	178	N/A	-17.2%
Switzerland	317	330	N/A	4.1%
Chile	628	355	N/A	-43.5%
Colombia	86.5	81.3	N/A	-6.0%
Turkey	79.9	73.6	N/A	-7.9%
Others	2,064	1,960	6,399	76.1%
Total	5,754	5,213	8,075	18.5%

Top Export Markets for Pantyhose from Sri Lanka in 2022:

India (41.4K pairs)
France (6.5K pairs)
Italy (5.4K pairs)
Norway (5.2K pairs)
United States (3.2K pairs)
United Kingdom (2.6K pairs)
Germany (1.7K pairs)

Pantyhose Imports in Sri Lanka

In 2022, approx. 17K pairs of pantyhose and tights were imported into Sri Lanka; which is down by -11.8% compared with 2021. In general, imports continue to indicate a slight reduction. The pace of growth was the most pronounced in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of 19K pairs, and then reduced in the following year.

In value terms, pantyhose imports amounted to $154K in 2022. Over the period under review, imports faced a abrupt downturn. Imports peaked at $255K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Pantyhose in Sri Lanka (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
India	27.7	44.3	102	91.9%
China	12.1	6.1	37.8	76.7%
Indonesia	2.5	0.5	0.1	-80.0%
Thailand	8.4	2.6	N/A	-69.0%
Switzerland	197	88.7	N/A	-55.0%
Others	6.6	14.4	12.3	36.5%
Total	255	157	152	-22.8%

Top Suppliers of Pantyhose to Sri Lanka in 2022:

Indonesia (undefinedK pairs)
India (16.0K pairs)
China (12.0K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the pantyhose market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14311033 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn < .67 decitex
Prodcom 14311035 - Panty hose and tights, of knitted or crocheted synthetic fibres, m easuring per single yarn . .67 decitex
Prodcom 14311037 - Panty hose and tights, of textiles (excluding those of knitted or crocheted synthetic fibres)

Country coverage:

Sri Lanka

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sri Lanka
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023