Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in South Africa - 2023
Contents:
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa (CIF) - 2022
- Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa (FOB) - 2022
- Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa
- Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa
Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa (CIF) - 2022
The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $4.5 per pair in 2022, picking up by 4.1% against the previous year. In general, the import price, however, showed a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of 14% against the previous year. Over the period under review, average import prices attained the peak figure at $6.9 per pair in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9.3 per pair), while the price for Mexico ($1.6 per pair) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.3%), 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 South Africa (FOB) - 2022
The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $0.9 per pair in 2022, increasing by 3.4% against the previous year. Overall, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -4.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $1.4 per pair in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($1.9 per pair), while the average price for exports to Zambia ($0.4 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 Swaziland (+7.6%), 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 South Africa
In 2022, approx. 480K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into South Africa; growing by 23% compared with the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $2.2M in 2022. Overall, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 484 | 357 | 418 | 514 | 2.0% |
| Italy | 601 | 425 | 544 | 484 | -7.0% |
| United States | 340 | 270 | 149 | 232 | -12.0% |
| China | 43.1 | 40.7 | 91.4 | 201 | 67.1% |
| Mexico | 53.4 | 15.8 | 20.8 | 172 | 47.7% |
| Egypt | 170 | 153 | 110 | 132 | -8.1% |
| Switzerland | 129 | 76.9 | 94.0 | 80.5 | -14.5% |
| Turkey | 70.8 | 139 | 71.6 | 79.9 | 4.1% |
| Costa Rica | 84.7 | 72.1 | 47.1 | 39.1 | -22.7% |
| Others | 181 | 142 | 153 | 245 | 10.6% |
| Total | 2,158 | 1,691 | 1,699 | 2,178 | 0.3% |
Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to South Africa in 2022:
- China (117.2K pairs)
- Mexico (106.8K pairs)
- Germany (63.6K pairs)
- Italy (51.9K pairs)
- United States (27.6K pairs)
- Egypt (25.2K pairs)
- Turkey (14.8K pairs)
- Costa Rica (12.8K pairs)
- Switzerland (10.3K pairs)
Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa
In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from South Africa expanded markedly to 144K pairs, surging by 6.8% on 2021 figures. In general, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2021 when exports increased by 47% against the previous year. The exports peaked at 270K pairs in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds expanded markedly to $135K in 2022. Overall, exports, however, faced a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 34%. The exports peaked at $295K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 35.2 | 7.5 | 11.5 | 51.6 | 13.6% |
| Lesotho | 144 | 60.5 | 50.2 | 20.9 | -47.4% |
| Zimbabwe | 2.3 | 0.6 | 1.4 | 14.9 | 86.4% |
| Swaziland | 9.2 | 4.9 | 31.9 | 12.5 | 10.8% |
| Namibia | 36.7 | 8.4 | 13.7 | 11.8 | -31.5% |
| Mauritius | 7.2 | 4.2 | N/A | 6.1 | -5.4% |
| Zambia | 4.9 | 1.2 | 10.0 | 4.7 | -1.4% |
| Others | 55.8 | 4.2 | 3.9 | 12.9 | -38.6% |
| Total | 295 | 91.5 | 123 | 135 | -22.9% |
Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from South Africa in 2022:
- Lesotho (51.4K pairs)
- Botswana (44.3K pairs)
- Zambia (12.2K pairs)
- Zimbabwe (11.0K pairs)
- Swaziland (10.7K pairs)
- Namibia (6.0K pairs)
- Mauritius (3.2K pairs)
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