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

Contents:

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

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Germany (FOB) - 2023

In October 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $12.5 per pair, falling by -3.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in November 2022 an increase of 24% m-o-m. The export price peaked at $15.2 per pair in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was the United States ($26.0 per pair), while the average price for exports to Chile ($4.7 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 Switzerland (+3.9%), 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 Germany (CIF) - 2023

In October 2023, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $6.9 per pair, increasing by 55% against the previous month. Over the period under review, import price indicated buoyant growth from October 2022 to October 2023: its price increased at an average monthly rate of +5.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by +55.2% against September 2023 indices. The import price peaked at $8.8 per pair in May 2023; however, from June 2023 to October 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($13.9 per pair), while the price for China ($1.9 per pair) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+38.4%), 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 Germany

In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Germany rose modestly to 10M pairs, increasing by 4.2% against the previous year. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $143M in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 24% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands20.719.421.822.52.8%
United Kingdom14.313.013.714.40.2%
Belgium4.84.46.29.023.3%
Italy8.06.88.57.4-2.6%
Russia8.06.08.87.4-2.6%
France7.75.87.07.0-3.1%
Denmark5.75.15.96.96.6%
Switzerland5.65.56.56.65.6%
Austria5.44.76.26.45.8%
United States6.55.36.56.1-2.1%
Croatia5.94.25.45.3-3.5%
Norway5.42.22.93.1-16.9%
Czech Republic1.11.11.41.613.3%
Others36.129.740.239.32.9%
Total1351131411431.9%

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

  1. Netherlands (966.9K pairs)
  2. Russia (865.5K pairs)
  3. United Kingdom (845.9K pairs)
  4. Croatia (562.8K pairs)
  5. Austria (555.1K pairs)
  6. Belgium (466.5K pairs)
  7. Italy (460.3K pairs)
  8. France (451.4K pairs)
  9. Switzerland (392.7K pairs)
  10. Denmark (356.4K pairs)
  11. Norway (350.5K pairs)
  12. Czech Republic (325.7K pairs)
  13. United States (321.2K pairs)

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

In 2022, after two years of decline, there was significant growth in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume increased by 46% to 7.7M pairs. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 expanded significantly to $37M in 2022. Over the period under review, imports, however, saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 7.1% against the previous year. Imports peaked at $40M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland10.38.98.36.4-14.7%
Netherlands0.75.65.86.1105.8%
Croatia6.76.37.75.9-4.1%
Spain0.20.61.22.8141.0%
Czech Republic2.01.72.42.710.5%
Italy2.12.12.22.44.6%
Mexico6.81.51.92.2-31.4%
China1.80.60.71.2-12.6%
Portugal1.51.20.21.1-9.8%
BelgiumN/A0.40.21.165.8%
Turkey1.40.30.30.6-24.6%
Others5.93.34.04.7-7.3%
Total39.632.634.937.2-2.1%

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

  1. Netherlands (1417.2K pairs)
  2. Portugal (1246.6K pairs)
  3. Spain (899.9K pairs)
  4. Italy (727.7K pairs)
  5. Switzerland (587.1K pairs)
  6. Belgium (526.8K pairs)
  7. China (526.0K pairs)
  8. Croatia (439.8K pairs)
  9. Czech Republic (385.0K pairs)
  10. Mexico (195.4K pairs)
  11. Turkey (180.0K pairs)

Source: IndexBox Market Intelligence Platform

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