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Report Cuba - Socks, Stockings and Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

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

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Cuba: Women Hosiery Market 2024

Women Hosiery Market Size in Cuba

The Cuban women hosiery market fell sharply to $X in 2021, shrinking by -37.1% against the previous year. Overall, consumption, however, enjoyed a prominent increase. As a result, consumption attained the peak level of $X, and then dropped dramatically in the following year.

Women Hosiery Production in Cuba

In value terms, women hosiery production declined significantly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by 292% against the previous year. As a result, production attained the peak level of $X, and then contracted rapidly in the following year.

Women Hosiery Exports

Exports from Cuba

In 2021, exports of socks, stockings and other women's hosiery from Cuba soared to X pairs, growing by 131% on the year before. In general, exports enjoyed a mild expansion. The pace of growth was the most pronounced in 2013 when exports increased by 135% against the previous year. As a result, the exports reached the peak of X pairs. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, women hosiery exports declined to $X in 2021. Over the period under review, exports posted measured growth. The most prominent rate of growth was recorded in 2014 when exports increased by 137%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Costa Rica (X pairs) was the main destination for women hosiery exports from Cuba, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Costa Rica amounted to +1.4%.

In value terms, Costa Rica ($X) emerged as the key foreign market for women hosiery exports from Cuba.

From 2012 to 2021, the average annual growth rate of value to Costa Rica stood at +3.5%.

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2021, waning by -62% against the previous year. Overall, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in 2020 when the average export price increased by 393%. As a result, the export price reached the peak level of $X per pair, and then contracted rapidly in the following year.

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

From 2012 to 2021, the rate of growth in terms of prices for Costa Rica amounted to +2.1% per year.

Women Hosiery Imports

Imports into Cuba

In 2021, purchases abroad of socks, stockings and other women's hosiery was finally on the rise to reach X pairs after four years of decline. Over the period under review, imports, however, saw a abrupt setback. Imports peaked at X pairs in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, women hosiery imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X pairs), Italy (X pairs) and Bolivia (X pairs) were the main suppliers of women hosiery imports to Cuba, with a combined 88% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +33.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of women hosiery to Cuba, comprising 49% of total imports. The second position in the ranking was held by Italy ($X), with a 22% share of total imports. It was followed by Spain, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to -21.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+32.9% per year) and Spain (-3.4% per year).

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2021, which is down by -25.1% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 58%. As a result, import price reached the peak level of $X per pair. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per pair), while the price for Bolivia ($X per pair) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Panama (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The Netherlands constituted the country with the largest volume of women hosiery consumption, accounting for 38% of total volume. Moreover, women hosiery consumption in the Netherlands exceeded the figures recorded by the second-largest consumer, Turkey, threefold. The third position in this ranking was taken by the United States, with a 7.8% share.
The Netherlands remains the largest women hosiery producing country worldwide, comprising approx. 41% of total volume. Moreover, women hosiery production in the Netherlands exceeded the figures recorded by the second-largest producer, Turkey, threefold. The third position in this ranking was held by China, with a 10% share.
In value terms, China constituted the largest supplier of women hosiery to Cuba, comprising 49% of total imports. The second position in the ranking was held by Italy, with a 22% share of total imports. It was followed by Spain, with a 15% share.
In value terms, Costa Rica emerged as the key foreign market for women hosiery exports from Cuba.
In 2021, the average women hosiery export price amounted to $20 per pair, shrinking by -62% against the previous year.
The average women hosiery import price stood at $11 per pair in 2021, reducing by -25.1% against the previous year.

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

  • Cuba

Data coverage:

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