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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $3.2 per pair in 2022, with a decrease of -60.1% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 50%. Over the period under review, average import prices reached the peak figure at $7.9 per pair in 2021, and then declined significantly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($11 per pair), while the price for China ($0.8 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $4.3 per pair, declining by -40.5% against the previous year. In general, the export price continues to indicate a sharp curtailment. The growth pace was the most rapid in 2017 an increase of 64%. Over the period under review, the average export prices attained the maximum at $79 per pair in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($6.1 per pair), while the average price for exports to Ethiopia totaled $3.6 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Kenya soared to 60K pairs, increasing by 423% on the previous year. In general, imports enjoyed significant growth. 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 soared to $188K in 2022. Over the period under review, imports posted a prominent increase. Imports peaked at $189K in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany40.350.96.973.622.2%
India46.575.660.572.616.0%
China9.911.11.127.640.7%
ItalyN/A1.50.67.7126.6%
EgyptN/AN/AN/A5.50%
South Africa2.91.70.30.6-40.9%
Thailand1.02.00.9N/A-5.1%
Others13.146.720.00.6-64.2%
Total11418990.318818.1%

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

  1. China (35.1K pairs)
  2. India (14.9K pairs)
  3. Germany (6.9K pairs)
  4. Egypt (1.2K pairs)
  5. Italy (0.9K pairs)
  6. South Africa (0.4K pairs)

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

In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -26.6% to 306 pairs, falling for the second year in a row after two years of growth. Overall, exports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 0.2%. As a result, the exports reached the peak of 491 pairs. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds declined sharply to $1.3K in 2022. Over the period under review, exports showed a precipitous slump. The smallest decline of -33% was in 2020. The exports peaked at $7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EthiopiaN/AN/AN/A0.80%
Tanzania3.21.30.10.5-46.1%
Uganda3.82.90.4N/A-67.6%
FranceN/AN/A2.1N/A0%
Others0.10.50.3N/A73.2%
Total7.04.73.01.3-42.9%

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

  1. Ethiopia (223.0 pairs)
  2. Tanzania (83.0 pairs)

Source: IndexBox Market Intelligence Platform

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