Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Latvia - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia (FOB) - 2023
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia (CIF) - 2022
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia (FOB) - 2023
The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $17.9 per pair in October 2023, with an increase of 7.5% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.2%. The most prominent rate of growth was recorded in December 2022 an increase of 32% m-o-m. Over the period under review, the average export prices attained the maximum at $18.6 per pair in July 2023; however, from August 2023 to October 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In October 2023, the country with the highest price was Belarus ($39.5 per pair), while the average price for exports to Russia ($11.7 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 Romania (+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 Latvia (CIF) - 2022
The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $16 per pair in 2022, which is down by -13.4% against the previous year. Over the period under review, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 100%. The import price peaked at $19 per pair in 2021, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($54 per pair), while the price for China ($1 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+33.9%), 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 Latvia
In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Latvia reduced markedly to 250K pairs, waning by -17.7% compared with the previous year. Overall, total exports indicated a notable expansion from 2019 to 2022: its volume increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 78%. As a result, the exports reached the peak of 303K pairs, and then shrank sharply in the following year.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds fell to $3M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +38.7% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 57% against the previous year. As a result, the exports attained the peak of $3.4M, and then declined in the following year.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 975 | 694 | 1,547 | 1,293 | 9.9% |
| Germany | 461 | 327 | 313 | 325 | -11.0% |
| Armenia | 123 | 112 | 244 | 197 | 17.0% |
| Moldova | 116 | 87.6 | 96.4 | 157 | 10.6% |
| Belarus | 259 | 337 | 262 | 122 | -22.2% |
| Kazakhstan | 92.6 | 28.1 | 212 | 107 | 4.9% |
| Georgia | 51.7 | 67.4 | 97.6 | 104 | 26.2% |
| Lithuania | 171 | 85.2 | 97.3 | 99.1 | -16.6% |
| Romania | 70.2 | 33.7 | 26.3 | 92.8 | 9.7% |
| Bulgaria | 37.9 | 31.2 | 30.5 | 43.5 | 4.7% |
| Others | 222 | 352 | 454 | 448 | 26.4% |
| Total | 2,580 | 2,155 | 3,380 | 2,990 | 5.0% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Latvia in 2022:
- Russia (121.6K pairs)
- Armenia (23.1K pairs)
- Germany (16.4K pairs)
- Georgia (11.3K pairs)
- Romania (11.1K pairs)
- Moldova (11.1K pairs)
- Kazakhstan (8.8K pairs)
- Belarus (5.8K pairs)
- Lithuania (5.1K pairs)
- Bulgaria (4.8K pairs)
Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia
In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds imported into Latvia skyrocketed to 54K pairs, surging by 19% against 2021 figures. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked at 73K pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds rose modestly to $886K in 2022. In general, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 70%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 453 | 362 | 441 | 537 | 5.8% |
| Czech Republic | 13.5 | 14.6 | 266 | 243 | 162.1% |
| Lithuania | 26.2 | 24.3 | 37.3 | 44.9 | 19.7% |
| Poland | 31.3 | 19.8 | 58.2 | 15.2 | -21.4% |
| Italy | 17.4 | 49.7 | 7.3 | 10.4 | -15.8% |
| China | 0.1 | 1.8 | 1.5 | 1.1 | 122.4% |
| Belarus | 16.7 | N/A | N/A | N/A | 0% |
| Others | 55.4 | 32.2 | 44.4 | 35.0 | -14.2% |
| Total | 613 | 505 | 857 | 886 | 13.1% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Latvia in 2022:
- Germany (25.4K pairs)
- Czech Republic (22.8K pairs)
- Italy (1.5K pairs)
- China (1.2K pairs)
- Poland (0.8K pairs)
- Lithuania (0.8K pairs)
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