Norway: Women Hosiery Market 2024

Women Hosiery Market Size in Norway

In 2022, the Norwegian women hosiery market increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the near future.

Women Hosiery Production in Norway

In value terms, women hosiery production fell slightly to $X in 2022 estimated in export price. Over the period under review, production saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Women hosiery production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Women Hosiery Exports

Exports from Norway

In 2022, overseas shipments of socks, stockings and other women's hosiery were finally on the rise to reach X pairs for the first time since 2017, thus ending a four-year declining trend. Overall, exports, however, recorded a abrupt curtailment. Over the period under review, the exports hit record highs at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, women hosiery exports expanded markedly to $X in 2022. Over the period under review, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Ukraine (X pairs), Sweden (X pairs) and Denmark (X pairs) were the main destinations of women hosiery exports from Norway, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Sweden ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from Norway, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by Iceland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Iceland (X% per year).

Export Prices by Country

In 2022, the average women hosiery export price amounted to $X per pair, with a decrease of X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per pair, and then plummeted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per pair), while the average price for exports to Ukraine ($X per pair) was amongst the lowest.

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

Women Hosiery Imports

Imports into Norway

In 2022, overseas purchases of socks, stockings and other women's hosiery increased by X% to X pairs, rising for the second year in a row after four years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the near future.

In value terms, women hosiery imports rose markedly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of women hosiery to Norway, with a X% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X pairs), fivefold. The third position in this ranking was held by Portugal (X pairs), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Portugal (X% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Norway, comprising X% of total imports. The second position in the ranking was taken by Turkey ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, declining by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per pair, and then fell in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($X per pair), while the price for China ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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