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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $7.9 per pair in October 2023, jumping by 277% against the previous month. Overall, the import price recorded a measured expansion. The import price peaked at $12.9 per pair in August 2023; however, from September 2023 to October 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From October 2022 to October 2023, the rate of growth in terms of prices for Germany amounted to +11.0% per month.

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

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $4.6 per pair, with a decrease of -66% against the previous year. Overall, the export price, however, saw prominent growth. The pace of growth appeared the most rapid in 2020 an increase of 136%. As a result, the export price reached the peak level of $16 per pair. From 2021 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($16 per pair), while the average price for exports to Serbia ($2.4 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+28.3%), 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 Hungary

In 2022, after three years of growth, there was significant decline in supplies from abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume decreased by -77.4% to 138K pairs. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 111% against the previous year. As a result, imports reached the peak of 608K pairs, and then reduced sharply in the following year.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds shrank rapidly to $927K in 2022. In general, imports recorded a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of 49%. Imports peaked at $1.9M in 2021, and then shrank markedly in the following year.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany626490795576-2.7%
RomaniaN/A18313271.6-37.4%
Netherlands15.722.832.234.530.0%
Czech Republic2.512588.834.2139.2%
Poland14479.362.829.0-41.4%
Austria8.841222927.946.9%
Slovakia55.877.776.327.7-20.8%
Italy29.320.569.625.0-5.2%
Turkey19.130.630.419.30.3%
Taiwan (Chinese)11.9N/A0.217.513.7%
China17.35.412.911.0-14.0%
BulgariaN/AN/A278N/A0%
Others71.849.164.053.5-9.3%
Total1,0021,4961,871927-2.6%

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

  1. Germany (77.1K pairs)
  2. Italy (12.1K pairs)
  3. Austria (6.3K pairs)
  4. Czech Republic (6.0K pairs)
  5. Netherlands (5.9K pairs)
  6. Slovakia (5.6K pairs)
  7. Romania (4.9K pairs)
  8. China (4.8K pairs)
  9. Poland (4.7K pairs)
  10. Taiwan (Chinese) (3.1K pairs)
  11. Turkey (3.0K pairs)

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

After three years of growth, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -11.7% to 120K pairs in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 231%. The exports peaked at 136K pairs in 2021, and then fell in the following year.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted sharply to $553K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 684%. Over the period under review, the exports of attained the maximum at $1.8M 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 Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Serbia8.314.9151239206.5%
Romania82.064462519733.9%
Czech Republic0.974164141.4258.3%
Slovakia11.423436139.751.6%
Croatia11.325.816.85.2-22.8%
Slovenia11.78.45.11.2-53.2%
Others91.028.540.230.5-30.5%
Total2171,6971,84155336.6%

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

  1. Serbia (97.8K pairs)
  2. Romania (12.1K pairs)
  3. Slovakia (2.8K pairs)
  4. Croatia (1.9K pairs)
  5. Czech Republic (1.0K pairs)
  6. Slovenia (0.5K pairs)

Source: IndexBox Market Intelligence Platform

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