Latest Report Update: Mar 25, 2021

U.S. Hosiery And Sock Market. Analysis And Forecast to 2025
Update: COVID-19 Impact

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U.S.: Hosiery And Sock Market Overview 2021

Hosiery And Sock Market Size in the U.S.

For the third year in a row, the U.S. hosiery and sock market recorded growth in sales value, which increased by X% to $X in 2019. Overall, consumption recorded a mild descent. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2019, consumption remained at a lower figure.

Hosiery And Sock Production in the U.S.

In value terms, hosiery and sock production fell to $X in 2019. Overall, production faced a abrupt setback. Hosiery and sock production peaked at $X in 2013; however, from 2014 to 2019, production stood at a somewhat lower figure.

Hosiery And Sock Exports

Exports from the U.S.

In 2019, approx. X tonnes of hosiery and socks were exported from the U.S.; waning by -X% compared with the previous year. Overall, exports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2019, exports failed to regain the momentum.

In value terms, hosiery and sock exports dropped to $X in 2019. Over the period under review, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Over the period under review, exports reached the maximum at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Canada (X tonnes), El Salvador (X tonnes) and Mexico (X tonnes) were the main destinations of hosiery and sock exports from the U.S., with a combined X% share of total exports.

From 2013 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada, while exports for the other leaders experienced a decline.

In value terms, the largest markets for hosiery and sock exported from the U.S. were Canada ($X), El Salvador ($X) and Mexico ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Canada recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2019, the average hosiery and sock export price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the export price posted mild growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. From 2018 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to El Salvador ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Mexico, while the prices for the other major destinations experienced more modest paces of growth.

Hosiery And Sock Imports

Imports into the U.S.

In 2019, the amount of hosiery and socks imported into the U.S. rose modestly to X tonnes, surging by X% on the previous year's figure. Overall, imports saw a notable expansion. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the maximum in 2019 and are likely to continue growth in the immediate term.

In value terms, hosiery and sock imports expanded modestly to $X in 2019. Over the period under review, imports enjoyed a slight increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of $X. From 2016 to 2019, the growth imports failed to regain the momentum.

Imports by Country

In 2019, China (X tonnes) constituted the largest hosiery and sock supplier to the U.S., accounting for a X% share of total imports. Moreover, hosiery and sock imports from China exceeded the figures recorded by the second-largest supplier, Pakistan (X tonnes), eightfold. El Salvador (X tonnes) ranked third in terms of total imports with a X% share.

From 2013 to 2019, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and El Salvador (-X% per year).

In value terms, China ($X) constituted the largest supplier of hosiery and sock to the U.S., comprising X% of total imports. The second position in the ranking was occupied by El Salvador ($X), with a X% share of total imports. It was followed by Pakistan, with a X% share.

From 2013 to 2019, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: El Salvador (-X% per year) and Pakistan (+X% per year).

Import Prices by Country

The average hosiery and sock import price stood at $X per tonne in 2019, reducing by -X% against the previous year. Over the period under review, the import price recorded a pronounced decline. The most prominent rate of growth was recorded in 2015 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per tonne in 2013; however, from 2014 to 2019, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was El Salvador ($X per tonne), while the price for Pakistan ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Viet Nam, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the leading suppliers of hosiery and socks to the U.S.?
+
In value terms, China ($1.5B) constituted the largest supplier of hosiery and sock to the U.S., comprising 62% of total imports. The second position in the ranking was occupied by El Salvador ($218M), with a 9.3% share of total imports. It was followed by Pakistan, with a 5.9% share.
What are the leading importers of hosiery and socks from the U.S.?
+
In value terms, the largest markets for hosiery and sock exported from the U.S. were Canada ($75M), El Salvador ($57M) and Mexico ($16M), together accounting for 77% of total exports.
What is the average export price for hosiery and socks in the U.S.?
+
The average hosiery and sock export price stood at $13,694 per tonne in 2019, with an increase of 17% against the previous year.
What is the average import price for hosiery and socks in the U.S.?
+
In 2019, the average hosiery and sock import price amounted to $8,510 per tonne, with a decrease of -2.3% against the previous year.

Product coverage:
• NAICS 315110 - Hosiery and sock mills

This report provides an in-depth analysis of the hosiery and sock market in the U.S.. 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 2025.


Companies mentioned:
• Renfro Corporation
• Spanx, Thorlo
• Kayser-Roth Corporation
• Acme - McCrary Corporation
• Slane Hosiery Mills
• Harriss & Covington Hosiery Mills
• Gildan USA
• Fox River Mills
• Crescent Sock Company
• Wells Hosiery Mills
• For Bare Feet
• Mayo Knitting Mill
• Universal Hosiery
• Gildan Delaware
• Trimfit
• Cooper Hosiery Mills
• Carolina Hosiery Mills
• Star America
• Leg Resource
• Bossong Hosiery Mills
• Twin City Knitting Company
• Nester Hosiery
• Huffman Finishing Company
• Candor Hosiery Mills
• Lemco Mills
• Roka Apparel Products
• US Test Company 150
• Smith Hosiery
• Holt Hosiery Mills

Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2013–2020
Table 3:
Market Value, 2013–2020
Table 4:
Per Capita Consumption In 2013–2020
Table 5:
Imports, In Physical Terms, By Country, 2013–2020
Table 6:
Imports, In Value Terms, By Country, 2013–2020
Table 7:
Import Prices, By Country Of Origin, 2013–2020
Table 8:
Exports, In Physical Terms, By Country, 2013–2020
Table 9:
Exports, In Value Terms, By Country, 2013–2020
Table 10:
Export Prices, By Country Of Destination, 2013–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2020
Figure 2:
Market Value, 2013–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013–2020
Figure 5:
Trade Balance, In Physical Terms, 2013–2020
Figure 6:
Trade Balance, In Value Terms, 2013–2020
Figure 7:
Per Capita Consumption, 2013–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2020
Figure 21:
Production, In Value Terms, 2013–2020
Figure 22:
Imports, In Physical Terms, 2013–2020
Figure 23:
Imports, In Value Terms, 2013–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2013–2020
Figure 26:
Imports, In Value Terms, By Country, 2013–2020
Figure 27:
Import Prices, By Country Of Origin, 2013–2020
Figure 28:
Exports, In Physical Terms, 2013–2020
Figure 29:
Exports, In Value Terms, 2013–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2013–2020
Figure 32:
Exports, In Value Terms, By Country, 2013–2020
Figure 33:
Export Prices, By Country Of Destination, 2013–2020

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