Turkey - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

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

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Women Hosiery Price in Turkey - 2023

Contents:

  1. Women Hosiery Price in Turkey (FOB) - 2022
  2. Women Hosiery Price in Turkey (CIF) - 2023
  3. Women Hosiery Exports in Turkey
  4. Women Hosiery Imports in Turkey

Women Hosiery Price in Turkey (FOB) - 2022

The average women hosiery export price stood at $2.9 per pair in 2022, flattening at the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 9.3% against the previous year. Over the period under review, the average export prices reached the maximum at $3.3 per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Poland ($3.3 per pair) and Sweden ($3.2 per pair), while the average price for exports to the United States ($2.9 per pair) and Belgium ($2.9 per pair) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Price in Turkey (CIF) - 2023

The average women hosiery import price stood at $3.0 per pair in September 2023, with an increase of 34% against the previous month. Over the period under review, the import price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 52% against the previous month. As a result, import price attained the peak level of $6.5 per pair. From March 2023 to September 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($10.4 per pair), while the price for China ($2.2 per pair) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Women Hosiery Exports in Turkey

In 2022, the amount of socks, stockings and other women's hosiery exported from Turkey was estimated at 376M pairs, picking up by 3.8% compared with the previous year's figure. The total export volume increased at an average annual rate of +6.8% over the period 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 exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, women hosiery exports rose markedly to $1.1B in 2022. The total export value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Women Hosiery in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17516821623510.3%
United Kingdom1851531981941.6%
France1111041271284.9%
Netherlands58.756.774.984.713.0%
Italy29.129.641.243.214.1%
United States16.413.828.741.836.6%
Sweden28.633.440.341.413.1%
Spain28.925.432.839.410.9%
Poland12.513.218.323.222.9%
Belgium25.420.920.520.1-7.5%
Slovakia12.719.729.618.613.6%
Others1781572052197.2%
Total8627951,0331,0888.1%

Top Export Markets for Women Hosiery from Turkey in 2022:

  1. Germany (76.1M pairs)
  2. United Kingdom (64.5M pairs)
  3. France (42.7M pairs)
  4. Netherlands (28.3M pairs)
  5. United States (14.5M pairs)
  6. Italy (13.6M pairs)
  7. Sweden (13.0M pairs)
  8. Spain (12.6M pairs)
  9. Poland (7.0M pairs)
  10. Belgium (6.9M pairs)
  11. Slovakia (5.9M pairs)

Women Hosiery Imports in Turkey

In 2022, the amount of socks, stockings and other women's hosiery imported into Turkey skyrocketed to 5.6M pairs, growing by 89% compared with the year before. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, women hosiery imports skyrocketed to $23M in 2022. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Women Hosiery in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.82.53.710.640.8%
Germany1.11.22.02.124.1%
Italy1.00.71.01.514.5%
Pakistan0.60.50.51.329.4%
Vietnam0.10.20.31.1122.4%
Spain0.40.40.61.035.7%
Netherlands0.30.20.50.732.6%
Bulgaria0.50.30.60.711.9%
IndonesiaN/AN/A0.20.5150.0%
Belgium0.50.20.30.50.0%
United Kingdom0.20.20.30.314.5%
Others2.51.81.92.50.0%
Total10.98.211.822.928.1%

Top Suppliers of Women Hosiery to Turkey in 2022:

  1. China (3315.8K pairs)
  2. Germany (413.7K pairs)
  3. Pakistan (278.2K pairs)
  4. Indonesia (193.5K pairs)
  5. Italy (192.8K pairs)
  6. Spain (179.0K pairs)
  7. Vietnam (150.0K pairs)
  8. Bulgaria (116.9K pairs)
  9. United Kingdom (98.0K pairs)
  10. Belgium (96.8K pairs)
  11. Netherlands (89.8K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the women hosiery market in Turkey. 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:

  • Turkey

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Turkey
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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In September 2022, the women hosiery price stood at $1.3 per pair (FOB, Turkey), reducing by -5.4% against the previous month.

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Pantyhose exports reached their highest point of 14M pairs in September 2023 but unfortunately lost momentum from October to November 2023. The value of pantyhose exports dropped significantly to $16M in November 2023.

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