United Kingdom: Pantyhose Market 2024

Pantyhose Market Size in the UK

The UK pantyhose market contracted slightly to $X in 2023, flattening at the previous year. Over the period under review, consumption, however, saw a deep slump. As a result, consumption attained the peak level of $X. From 2014 to 2023, the growth of the market failed to regain momentum.

Pantyhose Production in the UK

In value terms, pantyhose production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a perceptible decline. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2023, production growth failed to regain momentum.

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Pantyhose Exports

Exports from the UK

In 2023, the amount of pantyhose and tights exported from the UK declined modestly to X pairs, reducing by X% against 2022 figures. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X pairs. From 2015 to 2023, the growth of the exports remained at a lower figure.

In value terms, pantyhose exports skyrocketed to $X in 2023. In general, exports saw a drastic downturn. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X pairs), Australia (X pairs) and the United States (X pairs) were the main destinations of pantyhose exports from the UK, together accounting for X% of total exports. Ireland, South Korea, Italy, Germany, the Netherlands, Turkey, Spain, Poland, France and Belgium lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pantyhose exported from the UK were the United States ($X), South Korea ($X) and Australia ($X), with a combined X% share of total exports.

Among the main countries of destination, South Korea, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average pantyhose export price stood at $X per pair in 2023, growing by X% against the previous year. Over the period under review, the export price showed pronounced growth. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. The export price peaked at $X per pair in 2020; however, from 2021 to 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was South Korea ($X per pair), while the average price for exports to Slovakia ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pantyhose Imports

Imports into the UK

In 2023, overseas purchases of pantyhose and tights increased by X% to X pairs, rising for the second consecutive year after four years of decline. Over the period under review, imports, however, continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by X%. As a result, imports attained the peak of X pairs. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, pantyhose imports contracted modestly to $X in 2023. In general, imports, however, saw a pronounced contraction. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Italy (X pairs), Turkey (X pairs) and China (X pairs) were the main suppliers of pantyhose imports to the UK, with a combined X% share of total imports. Cambodia, Slovakia, Serbia and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the biggest increases were recorded for Serbia (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest pantyhose suppliers to the UK were Italy ($X), Turkey ($X) and China ($X), with a combined X% share of total imports. Cambodia, Serbia, Slovakia and Poland lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average pantyhose import price amounted to $X per pair, waning by X% against the previous year. Over the period under review, the import price, however, saw a notable increase. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The import price peaked at $X per pair in 2022, and then fell slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Serbia ($X per pair), while the price for Slovakia ($X per pair) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform