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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $7.5 per pair in 2022, reducing by -5.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2013 an increase of 26%. Over the period under review, average import prices hit record highs at $8.5 per pair in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($7.5 per pair) and Mexico ($7.5 per pair), while the price for Taiwan (Chinese) ($7.5 per pair) and China ($7.5 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+6.3%), 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 New Zealand (FOB) - 2022

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $8.5 per pair in 2022, falling by -29.6% against the previous year. Over the period under review, the export price, however, recorded a measured expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 300% against the previous year. Over the period under review, the average export prices reached the peak figure at $42 per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Fiji ($8.5 per pair) and the Netherlands ($8.5 per pair), while the average price for exports to Cook Islands ($8.5 per pair) and Denmark ($8.5 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+7.7%), 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 New Zealand

In 2022, overseas purchases of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by 9.4% to 406K pairs for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a noticeable decline. Imports peaked at 441K 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 expanded modestly to $3M in 2022. In general, imports, however, recorded a noticeable shrinkage. Over the period under review, imports of hit record highs at $3.3M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,3091,1541,4841,4583.7%
Germany5176105545974.9%
Australia265269235251-1.8%
Japan0.60.213.9116478.2%
South Korea59.862.450.897.317.6%
Mexico15269.910891.9-15.4%
United States97.610791.091.8-2.0%
Taiwan (Chinese)22.850.590.481.152.6%
Switzerland18110084.750.4-34.7%
United Kingdom20223477.030.4-46.8%
Turkey21425.414.39.0-65.2%
Others327244143172-19.3%
Total3,3492,9282,9473,045-3.1%

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

  1. China (194.3K pairs)
  2. Germany (79.5K pairs)
  3. Australia (33.5K pairs)
  4. Japan (15.4K pairs)
  5. South Korea (13.0K pairs)
  6. United States (12.2K pairs)
  7. Mexico (12.2K pairs)
  8. Taiwan (Chinese) (10.8K pairs)
  9. Switzerland (6.7K pairs)
  10. United Kingdom (4.0K pairs)
  11. Turkey (1.2K pairs)

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

In 2022, approx. 58K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were exported from New Zealand; jumping by 607% on 2021. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $490K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia14.214222.5155121.8%
United Kingdom4.71.00.7143212.2%
NetherlandsN/AN/AN/A1310%
United States8.44.924.028.049.4%
Denmark46.9N/A12.311.9-36.7%
Others14.724.039.220.912.4%
Total88.917298.649076.6%

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

  1. Australia (18.2K pairs)
  2. United Kingdom (16.9K pairs)
  3. Netherlands (15.5K pairs)
  4. United States (3.3K pairs)
  5. Denmark (1.4K pairs)

Source: IndexBox Market Intelligence Platform

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