Slovakia: Women Hosiery Market 2024

Women Hosiery Market Size in Slovakia

In 2022, the Slovak women hosiery market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, recorded a perceptible setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Women Hosiery Production in Slovakia

In value terms, women hosiery production soared to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production reached the peak level in 2022 and is likely to continue growth in the immediate term.

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Women Hosiery Exports

Exports from Slovakia

In 2022, shipments abroad of socks, stockings and other women's hosiery decreased by X% to X pairs for the first time since 2015, thus ending a six-year rising trend. Over the period under review, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked at X pairs in 2021, and then dropped in the following year.

In value terms, women hosiery exports contracted to $X in 2022. Overall, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Germany (X pairs), the Czech Republic (X pairs) and Poland (X pairs) were the main destinations of women hosiery exports from Slovakia, with a combined X% share of total exports. Austria, Hungary, Italy, Romania and Russia lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Russia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Czech Republic ($X) and Italy ($X) constituted the largest markets for women hosiery exported from Slovakia worldwide, together comprising X% of total exports. Austria, Russia, Poland, Hungary and Romania lagged somewhat behind, together accounting for a further X%.

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

Export Prices by Country

In 2022, the average women hosiery export price amounted to $X per pair, shrinking by X% against the previous year. In general, the export price showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the average export prices hit record highs at $X per pair in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per pair), while the average price for exports to Poland ($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 Germany (X%), while the prices for the other major destinations experienced a decline.

Women Hosiery Imports

Imports into Slovakia

In 2022, purchases abroad of socks, stockings and other women's hosiery decreased by X% to X pairs for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw a strong expansion. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X pairs in 2021, and then dropped slightly in the following year.

In value terms, women hosiery imports expanded slightly to $X in 2022. In general, total imports indicated a strong expansion 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Germany (X pairs) constituted the largest women hosiery supplier to Slovakia, accounting for a X% share of total imports. Moreover, women hosiery imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X pairs), threefold. Turkey (X pairs) ranked third in terms of total imports with a X% share.

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

In value terms, Germany ($X), Turkey ($X) and Italy ($X) appeared to be the largest women hosiery suppliers to Slovakia, together accounting for X% of total imports. Croatia, Poland, the Czech Republic, the Netherlands, Hungary, Belgium, China and Pakistan lagged somewhat behind, together accounting for a further X%.

Croatia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of 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 2022, the average women hosiery import price amounted to $X per pair, picking up by X% against the previous year. In general, the import price, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per pair in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per pair), while the price for Germany ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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