Price for Graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheted in Italy - 2023

Contents:

  1. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy (FOB) - 2023
  2. Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy (CIF) - 2022
  3. Exports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy
  4. Imports of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy

Price for Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy (FOB) - 2023

In October 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $9.0 per pair, increasing by 28% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.7%. The growth pace was the most rapid in December 2022 an increase of 31% against the previous month. Over the period under review, the average export prices hit record highs in October 2023.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($25.8 per pair), while the average price for exports to Switzerland ($6.8 per pair) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $4.2 per pair, shrinking by -12.1% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds decreased by -23.6% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 73% against the previous year. The import price peaked at $5.5 per pair in 2020; however, from 2021 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 Switzerland ($11 per pair), while the price for Pakistan ($0.9 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds from Italy fell slightly to 12M pairs in 2022, declining by -4.3% compared with 2021 figures. In general, exports continue to indicate a mild shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year. As a result, the exports attained the peak of 13M pairs, and then dropped modestly in the following year.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds rose to $69M in 2022. The total export value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 16%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13.511.614.514.93.3%
Spain8.47.39.010.57.7%
Germany7.17.79.110.413.6%
Sweden4.34.84.54.83.7%
Netherlands2.53.85.83.511.9%
Belgium3.22.62.93.1-1.1%
Switzerland4.02.62.62.1-19.3%
Russia3.71.42.62.1-17.2%
Poland2.81.62.02.0-10.6%
United Kingdom3.03.10.71.5-20.6%
Denmark0.80.91.10.94.0%
Greece0.80.60.80.80.0%
Romania0.80.50.80.7-4.4%
Others11.29.410.811.81.8%
Total65.857.867.268.91.5%

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

  1. France (2456.1K pairs)
  2. Germany (1835.1K pairs)
  3. Spain (1726.6K pairs)
  4. Sweden (942.8K pairs)
  5. Poland (655.4K pairs)
  6. Belgium (485.3K pairs)
  7. Netherlands (460.5K pairs)
  8. Russia (409.5K pairs)
  9. United Kingdom (367.9K pairs)
  10. Greece (308.5K pairs)
  11. Switzerland (297.9K pairs)
  12. Romania (281.0K pairs)
  13. Denmark (223.4K pairs)

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

Imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds into Italy declined sharply to 3M pairs in 2022, waning by -28.1% on 2021. Over the period under review, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131%. As a result, imports attained the peak of 4.2M pairs, and then contracted dramatically in the following year.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds declined notably to $12M in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 100%. As a result, imports reached the peak of $20M, and then shrank rapidly in the following year.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.96.411.37.2-3.0%
Switzerland0.10.11.31.4141.0%
Netherlands2.11.61.61.1-19.4%
Serbia0.20.30.50.644.2%
China0.30.50.50.518.6%
PakistanN/AN/A0.30.30.0%
Hungary0.1N/A0.10.344.2%
Turkey0.20.10.10.20.0%
France0.10.21.10.226.0%
EgyptN/AN/AN/A0.10%
Poland0.2N/A0.30.1-20.6%
Croatia0.1N/A0.20.10.0%
Bulgaria0.40.60.1N/A-50.0%
Others0.80.12.30.5-14.5%
Total12.59.819.712.50.0%

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

  1. Germany (1113.1K pairs)
  2. Netherlands (391.6K pairs)
  3. Hungary (284.6K pairs)
  4. Pakistan (266.5K pairs)
  5. China (254.1K pairs)
  6. Switzerland (126.3K pairs)
  7. Serbia (112.4K pairs)
  8. Turkey (82.4K pairs)
  9. France (58.7K pairs)
  10. Egypt (50.9K pairs)
  11. Croatia (46.3K pairs)
  12. Poland (22.8K pairs)
  13. Bulgaria (15.6K pairs)

Source: IndexBox Market Intelligence Platform

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