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

Contents:

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

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

In October 2023, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $9.4 per pair, picking up by 79% against the previous month. In general, import price indicated a resilient increase from October 2022 to October 2023: its price increased at an average monthly rate of +6.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by +78.9% against September 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 119% against the previous month. The import price peaked in October 2023.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($11.1 per pair), while the price for Croatia ($1.7 per pair) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.0%), 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 Portugal (FOB) - 2023

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $3.7 per pair in October 2023, rising by 28% against the previous month. Overall, export price indicated moderate growth from October 2022 to October 2023: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -7.4% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 136% m-o-m. As a result, the export price attained the peak level of $4.0 per pair. From July 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In October 2023, the country with the highest price was Italy ($5.8 per pair), while the average price for exports to the UK ($3.1 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 Saudi Arabia (+7.1%), 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 Portugal

In 2022, the amount of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds imported into Portugal skyrocketed to 703K pairs, picking up by 53% against the previous year. In general, imports posted a buoyant increase. As a result, imports reached 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 reached $3.9M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,4831,8932,8902,5530.9%
France544476337392-10.3%
Italy15522911536332.8%
Turkey22589.7149222-0.4%
Spain19312985.2118-15.1%
China8.526.5123115138.3%
Netherlands57.533.312.52.6-64.4%
Others36.414.190.811848.0%
Total3,7032,8913,8033,8851.6%

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

  1. Germany (361.4K pairs)
  2. Turkey (105.5K pairs)
  3. Italy (95.6K pairs)
  4. China (60.6K pairs)
  5. Spain (29.2K pairs)
  6. France (18.8K pairs)
  7. Netherlands (2.2K pairs)

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

In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Portugal stood at 1.2M pairs, picking up by 3.3% against 2021 figures. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds reduced to $3M in 2022. Over the period under review, exports, however, recorded a deep contraction. The pace of growth was the most pronounced in 2021 when exports increased by 15% against the previous year. Over the period under review, the exports of hit record highs at $3.7M 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 Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2,7761,7942,0142,102-8.9%
Denmark630489766563-3.7%
Israel17.510038.160.651.3%
Spain27.144.557.547.220.3%
Others2214524282220.2%
Total3,6712,8783,3032,994-6.6%

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

  1. United Kingdom (812.3K pairs)
  2. Denmark (157.5K pairs)
  3. Israel (106.4K pairs)
  4. Spain (30.5K pairs)

Source: IndexBox Market Intelligence Platform

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