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

Contents:

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

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

In February 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $8.0 per pair, rising by 17% against the previous month. Over the period from February 2021 to February 2022, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 32% against the previous month. The export price peaked in February 2022.

There were significant differences in the average prices for the major foreign markets. In February 2022, the country with the highest price was Mexico ($11.4 per pair), while the average price for exports to the United States ($4.3 per pair) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.3%), 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 Colombia (CIF) - 2022

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $4.2 per pair in 2022, waning by -12.7% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 72%. Over the period under review, average import prices attained the maximum at $5.3 per pair in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($9.5 per pair), while the price for China ($2 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), 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 Colombia

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds exported from Colombia skyrocketed to 300K pairs, increasing by 55% compared with the previous year. In general, exports showed a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds surged to $1.9M in 2022. Overall, total exports indicated a buoyant increase 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 +89.1% against 2020 indices. 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 Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador5283923906527.3%
Mexico19119021046034.0%
Dominican Republic14893.61561582.2%
Nicaragua0.3N/A4.9114624.3%
Honduras84.057.11051057.7%
Chile42.231.637.283.125.3%
United States63.436.057.380.08.1%
Costa Rica53.176.625.469.09.1%
Guatemala12182.411867.9-17.5%
Peru53.136.939.732.7-14.9%
Panama74.21.912.723.0-32.3%
Others66.426.256.992.311.6%
Total1,4251,0241,2131,93610.8%

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

  1. Ecuador (98.6K pairs)
  2. Mexico (52.0K pairs)
  3. Nicaragua (37.8K pairs)
  4. Dominican Republic (24.4K pairs)
  5. Honduras (15.6K pairs)
  6. Chile (14.3K pairs)
  7. United States (13.3K pairs)
  8. Guatemala (11.2K pairs)
  9. Costa Rica (11.1K pairs)
  10. Peru (4.2K pairs)
  11. Panama (3.0K pairs)

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

In 2022, purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by 96% to 130K pairs for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $550K in 2022. In general, imports, however, saw a perceptible slump. Over the period under review, imports of hit record highs at $614K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States278193148205-9.7%
Costa Rica11872.452.320119.4%
China51.259.718.652.00.5%
Brazil28.739.431.927.4-1.5%
Germany30.426.138.926.8-4.1%
Italy14.129.212.621.515.1%
Pakistan28.1N/AN/AN/A0%
Others64.915.218.916.3-36.9%
Total614435321550-3.6%

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

  1. Costa Rica (62.0K pairs)
  2. United States (30.3K pairs)
  3. China (25.9K pairs)
  4. Germany (3.7K pairs)
  5. Brazil (2.9K pairs)
  6. Italy (2.9K pairs)

Source: IndexBox Market Intelligence Platform

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