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

Contents:

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

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

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $1.5 per pair, picking up by 8.7% against the previous year. In general, the import price posted strong growth. The pace of growth appeared the most rapid in 2019 an increase of 306% against the previous year. As a result, import price reached the peak level of $2.1 per pair. From 2020 to 2022, the average import prices failed to regain momentum.

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 Japan ($12 per pair), while the price for China ($0.5 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.0%), 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 Malaysia (FOB) - 2022

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3 per pair, with an increase of 81% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 108% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($9.8 per pair), while the average price for exports to Spain ($1.4 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 Spain (+53.7%), 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 Malaysia

In 2022, overseas purchases of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were finally on the rise to reach 1.5M pairs for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a sharp reduction. Over the period under review, imports of reached the peak figure at 4.1M pairs in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds soared to $2.2M in 2022. Overall, imports, however, recorded a dramatic contraction. Imports peaked at $8.6M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7,0381,7268171,044-47.1%
China656465220415-14.2%
Italy11866.180.01210.8%
Egypt11.7N/A34.877.087.4%
Taiwan (Chinese)87.040.211.338.6-23.7%
Hong Kong SAR72.121.614.822.4-32.3%
Others631580640478-8.8%
Total8,6142,8981,8182,197-36.6%

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

  1. China (910.0K pairs)
  2. Egypt (152.9K pairs)
  3. Japan (85.9K pairs)
  4. Italy (85.7K pairs)
  5. Taiwan (Chinese) (68.2K pairs)
  6. Hong Kong SAR (19.3K pairs)

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

Exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Malaysia contracted rapidly to 225K pairs in 2022, waning by -56% compared with 2021. Over the period under review, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. The exports peaked at 584K pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted sharply to $674K in 2022. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 18% against the previous year. As a result, the exports attained the peak of $843K, and then reduced markedly in the following year.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore467214170278-15.9%
Thailand14.933.7N/A74.370.8%
United States1.721730869.0243.7%
Italy54.716.927.763.14.9%
Spain44.925.22.537.3-6.0%
IrelandN/A4.8N/A28.2142.4%
Sweden6.58.85.023.553.5%
Brunei DarussalamN/A26.824.019.7-14.3%
Australia11.54.65.9N/A-28.4%
BrazilN/AN/A215N/A0%
Others88.116184.879.9-3.2%
Total689713843674-0.7%

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

  1. Singapore (108.0K pairs)
  2. United States (30.2K pairs)
  3. Spain (26.9K pairs)
  4. Italy (21.0K pairs)
  5. Sweden (6.8K pairs)
  6. Ireland (6.2K pairs)
  7. Brunei Darussalam (5.7K pairs)
  8. Thailand (3.2K pairs)

Source: IndexBox Market Intelligence Platform

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