Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Denmark - 2023

Contents:

  1. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark (CIF) - 2022
  2. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark (FOB) - 2023
  3. Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark
  4. Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $15 per pair in 2022, shrinking by -14% against the previous year. Overall, the import price, however, continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 112%. The import price peaked at $17 per pair in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22 per pair), while the price for Belgium ($1.8 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+18.7%), 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 Denmark (FOB) - 2023

In October 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $20.0 per pair, jumping by 215% against the previous month. In general, the export price continues to indicate a measured increase. Over the period under review, the average export prices attained the maximum at $26.0 per pair in November 2022; however, from December 2022 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Norway ($7.9 per pair), while the average price for exports to Finland ($1.7 per pair) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+8.8%), 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 Denmark

For the third consecutive year, Denmark recorded decline in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which decreased by -19.2% to 366K pairs in 2022. Over the period under review, imports faced a precipitous curtailment. Over the period under review, imports of reached the peak figure at 901K pairs in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds declined remarkably to $5.4M in 2022. Overall, imports saw a noticeable downturn. The pace of growth was the most pronounced in 2020 when imports increased by 27% against the previous year. As a result, imports reached the peak of $7.9M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,8193,1844,4012,8550.4%
Switzerland1,1021,043717628-17.1%
Italy28193.612743115.3%
Portugal8592,5091,087415-21.5%
China15115131722614.4%
Netherlands312145148147-22.2%
Taiwan (Chinese)6.91.094.4129165.4%
Sweden40868.133791.5-39.2%
Belgium0.92.64.029.9221.5%
Lithuania1384823.00.1-91.0%
Others15321758147545.9%
Total6,2317,8957,8155,427-4.5%

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

  1. Germany (148.7K pairs)
  2. China (87.0K pairs)
  3. Netherlands (20.6K pairs)
  4. Portugal (20.4K pairs)
  5. Italy (19.8K pairs)
  6. Taiwan (Chinese) (17.6K pairs)
  7. Belgium (16.9K pairs)
  8. Switzerland (8.1K pairs)
  9. Sweden (7.4K pairs)

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

For the third year in a row, Denmark recorded decline in shipments abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which decreased by -23.2% to 60K pairs in 2022. In general, exports continue to indicate a precipitous slump. The smallest decline of -2.4% was in 2020. Over the period under review, the exports of attained the maximum at 132K 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 fell markedly to $1.1M in 2022. Overall, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 43%. The exports peaked at $1.6M in 2021, and then shrank rapidly in the following year.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway377264361320-5.3%
United Kingdom1.010.0360203487.7%
Japan12.111120085.992.2%
Latvia63.742.57.382.28.9%
Iceland43.051.630.753.97.8%
Sweden56.277.047.948.5-4.8%
France20.026.261.347.533.4%
Ireland1.60.915.639.9192.2%
United States63.883.336.137.5-16.2%
Canada0.426.162.727.1307.7%
Belgium9.029.941.726.643.5%
Poland2.55.931.35.933.1%
LithuaniaN/A35.6N/AN/A0%
Others205454301135-13.0%
Total8551,2191,5571,1139.2%

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

  1. Latvia (17.9K pairs)
  2. United Kingdom (8.7K pairs)
  3. Norway (5.0K pairs)
  4. Canada (4.3K pairs)
  5. United States (3.6K pairs)
  6. Sweden (3.4K pairs)
  7. Iceland (2.5K pairs)
  8. France (2.5K pairs)
  9. Ireland (2.5K pairs)
  10. Japan (1.9K pairs)
  11. Belgium (1.4K pairs)
  12. Poland (0.9K pairs)

Source: IndexBox Market Intelligence Platform

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