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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $935 per thousand pairs in June 2023, with a decrease of -57.3% against the previous month. Over the period under review, the import price saw a perceptible downturn. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 105% month-to-month. As a result, import price attained the peak level of $2.2 per pair, and then contracted markedly in the following month.

Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was Turkey ($927 per thousand pairs), while the price for China amounted to $839 per thousand pairs.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+0.4%).

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

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3.8 per pair, almost unchanged from the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 225% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($4.7 per pair), while the average price for exports to France ($2.7 per pair) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+73.9%), 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 Morocco

In 2022, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Morocco fell remarkably to 1.9M pairs, waning by -22.8% compared with 2021. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 297%. As a result, imports reached the peak of 2.5M pairs, and then declined notably in the following year.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds fell notably to $1.8M in 2022. Over the period under review, imports, however, posted buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 202% against the previous year. As a result, imports attained the peak of $2.1M, and then declined significantly in the following year.

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

1. China (1770.5K pairs)
2. Turkey (111.7K pairs)

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

In 2022, after two years of decline, there was decline in overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume decreased by 0% to 344 pairs. In general, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2020. The exports peaked at 1.4K pairs in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds totaled $1.3K in 2022. Overall, exports saw a pronounced contraction. The smallest decline of 99.9% was in 2020. The exports peaked at $1.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. France (156.0 pairs)
2. Djibouti (155.0 pairs)
3. China (33.0 pairs)

Source: IndexBox Market Intelligence Platform