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

Contents:

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

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

The average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $4.4 per pair in November 2023, picking up by 13% against the previous month. Over the period under review, import price indicated a slight expansion from November 2022 to November 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by +35.2% against September 2023 indices. The pace of growth appeared the most rapid in May 2023 an increase of 56% m-o-m. Over the period under review, average import prices attained the peak figure at $6.1 per pair in March 2023; however, from April 2023 to November 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Germany ($23.1 per pair), while the price for China ($1.2 per pair) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Pakistan (+19.5%), 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 UK (FOB) - 2022

In 2022, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $5.1 per pair, with a decrease of -10% against the previous year. Over the period under review, the export price, however, enjoyed a noticeable increase. The growth pace was the most rapid in 2020 an increase of 67%. As a result, the export price attained the peak level of $6.1 per pair. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($17 per pair), while the average price for exports to Italy ($3.1 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 Germany (+14.5%), 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 the UK

In 2022, after two years of decline, there was significant growth in purchases abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, when their volume increased by 92% to 8.3M pairs. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 expanded remarkably to $31M in 2022. Over the period under review, imports, however, saw a mild descent. Over the period under review, imports of hit record highs at $32M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.710.614.211.5-3.3%
United States2.02.63.14.430.1%
PortugalN/AN/AN/A2.20%
Costa RicaN/AN/AN/A2.00%
China0.80.81.32.035.7%
Italy0.60.61.11.946.8%
Czech RepublicN/AN/A0.31.0233.3%
Turkey0.50.20.30.921.6%
Netherlands4.94.12.90.6-50.3%
Mexico0.20.20.10.644.2%
Pakistan0.10.10.30.344.2%
Spain1.01.40.40.1-53.6%
Myanmar6.05.11.1N/A-57.2%
Others3.62.52.63.81.8%
Total32.528.227.631.5-1.0%

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

  1. China (2107.3K pairs)
  2. Portugal (944.9K pairs)
  3. Czech Republic (814.7K pairs)
  4. Costa Rica (796.2K pairs)
  5. Italy (608.8K pairs)
  6. United States (584.1K pairs)
  7. Mexico (526.4K pairs)
  8. Germany (498.6K pairs)
  9. Pakistan (424.5K pairs)
  10. Turkey (370.2K pairs)
  11. Netherlands (147.9K pairs)
  12. Spain (66.6K pairs)

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

Exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from the UK soared to 1.4M pairs in 2022, increasing by 94% on the previous year's figure. In general, exports, however, recorded a deep slump. The exports peaked at 1.7M 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 soared to $7.2M in 2022. Overall, exports recorded a measured 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland1,0244221,0944,28061.1%
United States5032364215130.7%
Australia684916401454-12.8%
Germany1,005286298447-23.7%
United Arab Emirates88.810567.419429.8%
Netherlands16758.0390136-6.6%
Italy11127.249.393.0-5.7%
France45285.389.330.1-59.5%
Poland40016.220.22.9-80.6%
Belgium93512.32.1N/A-95.3%
Others9991,0381,3081,0622.1%
Total6,3683,2034,1417,2124.2%

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

  1. Ireland (1020.8K pairs)
  2. United States (79.9K pairs)
  3. Germany (64.2K pairs)
  4. United Arab Emirates (42.5K pairs)
  5. Italy (30.0K pairs)
  6. Australia (26.4K pairs)
  7. Netherlands (25.1K pairs)
  8. France (6.4K pairs)
  9. Poland (1.1K pairs)

Source: IndexBox Market Intelligence Platform

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