Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Ethiopia - 2022

Contents:

  1. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (CIF) - 2022
  2. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (FOB) - 2022
  3. Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia
  4. Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (CIF) - 2022

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $2.5 per pair, jumping by 111% against the previous year. In general, the import price, however, showed a perceptible slump. The import price peaked at $4.5 per pair in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 ($5.9 per pair), while the price for China ($0.7 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.4%).

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (FOB) - 2022

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $0.7 per pair in 2022, which is down by -83.7% against the previous year. Overall, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 153%. The export price peaked at $4.6 per pair in 2021, and then dropped significantly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to +18.2% per year.

Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia

In 2022, overseas purchases of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -90.7% to 2.3K pairs, falling for the second year in a row after two years of growth. Overall, imports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 1.7%. As a result, imports reached the peak of 41K pairs. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds shrank dramatically to $5.7K in 2022. Over the period under review, imports continue to indicate a dramatic downturn. The smallest decline of -20.7% was in 2020. Over the period under review, imports of attained the peak figure at $66K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A3.00%
Turkey2.06.50.41.5-9.1%
China58.829.625.80.6-78.3%
KenyaN/AN/AN/A0.50%
Others5.216.12.8N/A-26.6%
Total65.952.329.05.7-55.8%

Top Suppliers of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted to Ethiopia in 2022:

  1. China (859.0 pairs)
  2. Turkey (807.0 pairs)
  3. South Korea (498.0 pairs)
  4. Kenya (116.0 pairs)

Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia

In 2022, overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by 10,337% to 4.3K pairs for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds soared to $3.2K in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A3,1910%
South Africa19914490.0N/A-32.7%
Ghana986N/AN/AN/A0%
Others72.010498.0N/A16.7%
Total1,2572481883,19136.4%

Top Export Markets for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted from Ethiopia in 2022:

  1. United States (4.3K pairs)

Source: IndexBox Market Intelligence Platform

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