Report Update: May 1, 2024

Colombia - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights

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Women Hosiery Price in Colombia - 2022

Women Hosiery Price in Colombia (CIF) - 2022

In February 2022, the average women hosiery import price amounted to $2.8 per pair, reducing by -14.7% against the previous month. Over the period under review, import price indicated a perceptible expansion from February 2021 to February 2022: its price increased at an average monthly rate of +3.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2022 figures, women hosiery import price decreased by -8.9% against November 2021 indices. The pace of growth appeared the most rapid in March 2021 when the average import price increased by 35% against the previous month. Over the period under review, average import prices reached the maximum at $3.8 per pair in July 2021; however, from August 2021 to February 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($5.3 per pair), while the price for Ecuador ($1.4 per pair) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Women Hosiery Price in Colombia (FOB) - 2022

In February 2022, the average women hosiery export price amounted to $8.2 per pair, rising by 4.2% against the previous month. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in September 2021 an increase of 33% m-o-m. The export price peaked at $9.9 per pair in November 2021; however, from December 2021 to February 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In February 2022, the country with the highest price was Costa Rica ($10.0 per pair), while the average price for exports to the United States ($6.8 per pair) was amongst the lowest.

From February 2021 to February 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Women Hosiery Imports in Colombia

In 2022, women hosiery imports into Colombia stood at 29M pairs, growing by 14% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, women hosiery imports reduced slightly to $39M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 58%. Over the period under review, imports reached the maximum at $40M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Women Hosiery in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	21.3	12.6	22.3	20.0	-2.1%
Indonesia	5.2	2.3	2.2	3.5	-12.4%
Turkey	2.0	1.4	3.0	2.8	11.9%
Panama	1.5	2.2	2.6	2.8	23.1%
Ecuador	2.0	1.1	2.3	2.5	7.7%
India	2.2	0.6	0.9	1.0	-23.1%
Hong Kong SAR	0.6	0.6	0.4	0.2	-30.7%
Free Zones	0.1	0.1	0.1	0.1	0.0%
Others	4.8	3.8	5.3	5.8	6.5%
Total	39.8	24.7	39.1	38.7	-0.9%

Top Suppliers of Women Hosiery to Colombia in 2022:

China (16.3M pairs)
Indonesia (4.2M pairs)
Ecuador (1.9M pairs)
Turkey (1.5M pairs)
India (1.5M pairs)
Panama (1.3M pairs)
Free Zones (0.5M pairs)
Hong Kong SAR (0.4M pairs)

Women Hosiery Exports in Colombia

In 2022, approx. 3M pairs of socks, stockings and other women's hosiery were exported from Colombia; with an increase of 83% against the year before. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, women hosiery exports surged to $15M in 2022. In general, exports recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by 60% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Export of Women Hosiery in Colombia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	5.7	3.7	6.4	8.2	12.9%
Canada	0.9	0.8	1.7	1.8	26.0%
Mexico	0.3	0.4	0.3	0.5	18.6%
Costa Rica	0.3	0.4	0.4	0.5	18.6%
Chile	0.2	0.2	0.2	0.4	26.0%
Venezuela	0.2	0.2	0.2	0.3	14.5%
Hong Kong SAR	0.2	0.1	0.1	0.2	0.0%
Others	2.3	1.4	2.0	2.9	8.0%
Total	10.1	7.1	11.4	14.8	13.6%

Top Export Markets for Women Hosiery from Colombia in 2022:

United States (1908.2K pairs)
Canada (370.0K pairs)
Costa Rica (93.5K pairs)
Chile (87.8K pairs)
Mexico (61.8K pairs)
Hong Kong SAR (46.1K pairs)
Venezuela (44.8K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the women hosiery market in Colombia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14311050 - Women
Prodcom 14311090 - Knitted or crocheted hosiery and footwear (including socks, e xcluding women

Country coverage:

Colombia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Colombia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023