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

Contents:

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

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the Dominican Republic (CIF) - 2022

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $4 per pair, reducing by -3.5% against the previous year. In general, the import price continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 when the average import price increased by 61%. Over the period under review, average import prices hit record highs at $5.9 per pair in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($12 per pair), while the price for Greece ($0.8 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+7.1%), 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 the Dominican Republic (FOB) - 2023

In March 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $434 per thousand pairs, which is down by -75.6% against the previous month. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in June 2022 when the average export price increased by 371% m-o-m. Over the period under review, the average export prices hit record highs at $3.1 per pair in December 2022; however, from January 2023 to March 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From March 2022 to March 2023, the rate of growth in terms of prices for the United States amounted to -0.1% per month.

Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the Dominican Republic

In 2022, approx. 698K pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into the Dominican Republic; picking up by 58% compared with 2021 figures. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 124%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $2.8M in 2022. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 70%. Imports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (456.5K pairs)
2. United States (130.9K pairs)
3. Italy (19.5K pairs)
4. Greece (18.5K pairs)
5. Brazil (17.6K pairs)
6. Colombia (16.7K pairs)
7. Panama (12.6K pairs)

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

In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were finally on the rise to reach 758K pairs after two years of decline. Overall, exports showed a significant expansion. 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 soared to $1M in 2022. In general, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. United States (757.2K pairs)

Source: IndexBox Market Intelligence Platform