Eastern Europe: Women Hosiery Market 2024

Women Hosiery Market Size in Eastern Europe

In 2022, the East European women hosiery market increased by X% to $X, rising for the sixth year in a row after four years of decline. Over the period under review, consumption, however, saw a slight contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Women Hosiery Production in Eastern Europe

In value terms, women hosiery production rose significantly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports in Eastern Europe

In 2022, after six years of growth, there was significant decline in shipments abroad of socks, stockings and other women's hosiery, when their volume decreased by X% to X pairs. Over the period under review, exports, however, continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X pairs, and then declined in the following year.

In value terms, women hosiery exports fell to $X in 2022. Total exports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Poland (X pairs) and Slovakia (X pairs) were the largest exporters of socks, stockings and other women's hosiery in 2022, amounting to approx. X% and X% of total exports, respectively. It was distantly followed by Bulgaria (X pairs), the Czech Republic (X pairs), Hungary (X pairs) and Romania (X pairs), together comprising a X% share of total exports. Lithuania (X pairs) held a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest women hosiery supplying countries in Eastern Europe were Poland ($X), Slovakia ($X) and the Czech Republic ($X), with a combined X% share of total exports. Bulgaria, Hungary, Romania and Lithuania lagged somewhat behind, together comprising a further X%.

In terms of the main exporting countries, Hungary, with a CAGR of X%, recorded the highest growth rate of 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

In 2022, the export price in Eastern Europe amounted to $X per pair, shrinking by X% against the previous year. In general, the export price recorded a noticeable contraction. The pace of growth was the most pronounced in 2017 an increase of X%. As a result, the export price attained the peak level of $X per pair. From 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Czech Republic ($X per pair), while Slovakia ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other leaders experienced a decline in the export price figures.

Women Hosiery Imports

Imports in Eastern Europe

In 2022, overseas purchases of socks, stockings and other women's hosiery increased by X% to X pairs, rising for the sixth year in a row after two years of decline. Overall, imports saw a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, women hosiery imports rose slightly to $X in 2022. In general, imports saw a buoyant increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

In 2022, Poland (X pairs), distantly followed by Russia (X pairs), the Czech Republic (X pairs), Romania (X pairs), Slovakia (X pairs) and Hungary (X pairs) represented the key importers of socks, stockings and other women's hosiery, together generating X% of total imports. Bulgaria (X pairs) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest women hosiery importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together accounting for X% of total imports.

Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per pair in 2022, waning by X% against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of X%. As a result, import price reached the peak level of $X per pair. From 2014 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per pair), while Bulgaria ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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