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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $6.3 per pair in October 2023, increasing by 21% against the previous month. Over the period under review, the import price showed a slight expansion. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 41% month-to-month. The import price peaked at $9.0 per pair in July 2023; however, from August 2023 to October 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Germany ($10.7 per pair), while the price for Bangladesh ($617 per thousand pairs) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+14.9%), 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 Spain (FOB) - 2022

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3.7 per pair, with an increase of 12% against the previous year. Over the period under review, the export price, however, saw a perceptible contraction. The most prominent rate of growth was recorded in 2019 an increase of 25%. Over the period under review, the average export prices reached the maximum at $5.5 per pair in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($8.3 per pair), while the average price for exports to France ($2.5 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 China (+17.1%), 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 Spain

In 2022, approx. 2.3M pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into Spain; with an increase of 44% on the previous year. Overall, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 45%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds shrank to $6.6M in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 50%. As a result, imports reached the peak of $7.5M, and then dropped in the following year.

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

1. Italy (976.6K pairs)
2. Germany (347.2K pairs)
3. Netherlands (324.6K pairs)
4. France (155.9K pairs)
5. Turkey (127.3K pairs)
6. China (123.0K pairs)
7. Portugal (100.8K pairs)

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

In 2022, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Spain declined rapidly to 632K pairs, shrinking by -23.2% compared with the previous year. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +29.3% against 2020 indices. The growth pace was the most rapid in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of 822K pairs, and then contracted dramatically in the following year.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds reduced to $2.3M in 2022. The total export value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 33% against the previous year. As a result, the exports reached the peak of $2.7M, and then reduced in the following year.

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

1. France (136.0K pairs)
2. Germany (85.4K pairs)
3. Italy (79.5K pairs)
4. Portugal (48.6K pairs)
5. China (45.4K pairs)
6. Ireland (44.9K pairs)
7. Netherlands (36.1K pairs)
8. United States (2.6K pairs)

Source: IndexBox Market Intelligence Platform