U.S. Hosiery and Sock Market. Analysis And Forecast to 2030
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View PricingHosiery and Sock Price in the United States - 2023
Contents:
- Hosiery and Sock Price in the United States (CIF) - 2023
- Hosiery and Sock Price in the United States (FOB) - 2023
- Hosiery and Sock Imports in the United States
- Hosiery and Sock Exports in the United States
Hosiery and Sock Price in the United States (CIF) - 2023
In August 2023, the average hosiery and sock import price amounted to $9,680 per ton, increasing by 7.5% against the previous month. Overall, the import price, however, saw a mild curtailment. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 8.1% month-to-month. The import price peaked at $11,175 per ton in September 2022; however, from October 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Honduras ($14,652 per ton), while the price for China ($8,349 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Honduras (+1.3%), while the prices for the other major suppliers experienced a decline.
Hosiery and Sock Price in the United States (FOB) - 2023
The average hosiery and sock export price stood at $56,828 per ton in August 2023, picking up by 1.7% against the previous month. Overall, the export price, however, saw a perceptible setback. The most prominent rate of growth was recorded in December 2022 an increase of 20% m-o-m. As a result, the export price attained the peak level of $92,934 per ton. From January 2023 to August 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($119K per ton), while the average price for exports to Mexico ($21,915 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Hosiery and Sock Imports in the United States
After three years of growth, purchases abroad of hosiery and socks decreased by -7.2% to 274K tons in 2022. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of 295K tons, and then fell in the following year.
In value terms, hosiery and sock imports expanded to $2.6B in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 31%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Hosiery and Sock in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 1,223 | 1,544 | 1,550 | 12.6% | |
| Pakistan | 164 | 250 | 263 | 26.6% | |
| El Salvador | 154 | 206 | 163 | 2.9% | |
| Honduras | 70.4 | 82.4 | 124 | 32.7% | |
| Vietnam | 60.9 | 91.2 | 91.8 | 22.8% | |
| Others | 261 | 360 | 405 | 24.6% | |
| Total | 1,933 | 2,534 | 2,597 | 15.9% | |
Top Suppliers of Hosiery and Sock to the United States in 2022:
- China (198.0K tons)
- Pakistan (25.6K tons)
- El Salvador (14.1K tons)
- Honduras (9.8K tons)
- Vietnam (8.5K tons)
Hosiery and Sock Exports in the United States
In 2022, the amount of hosiery and socks exported from the United States expanded to 2.1K tons, increasing by 4% against the year before. In general, exports posted resilient growth. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, hosiery and sock exports surged to $154M in 2022. Overall, exports, however, recorded a abrupt descent.
| Export of Hosiery and Sock in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Canada | 58.4 | 62.4 | 73.4 | 12.1% | |
| Mexico | 12.5 | 19.6 | 24.5 | 40.0% | |
| El Salvador | 15.0 | 8.5 | 13.3 | -5.8% | |
| United Kingdom | 7.6 | 6.8 | 6.7 | -6.1% | |
| Japan | 3.7 | 3.4 | 3.9 | 2.7% | |
| Belgium | 2.7 | 3.0 | 3.2 | 8.9% | |
| Netherlands | 2.1 | 2.8 | 3.1 | 21.5% | |
| Australia | 2.9 | 2.9 | 3.0 | 1.7% | |
| New Zealand | 1.9 | 1.9 | 2.1 | 5.1% | |
| Others | 12.2 | 19.5 | 20.3 | 29.0% | |
| Total | 119 | 131 | 154 | 13.8% | |
Top Export Markets for Hosiery and Sock from the United States in 2022:
- Mexico (556.9 tons)
- Canada (535.3 tons)
- El Salvador (426.6 tons)
- United Kingdom (97.8 tons)
- Japan (75.5 tons)
- Netherlands (55.8 tons)
- Belgium (40.8 tons)
- Australia (40.0 tons)
- New Zealand (34.2 tons)
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 2030.
Product coverage:
- NAICS 315110 - Hosiery and sock mills
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:
- United States
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
1709
This report provides an in-depth analysis of the hosiery and sock market in the U.S..
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This report provides an in-depth analysis of the hosiery and sock market in the U.S..
114
This report provides an in-depth analysis of the market for knitted apparel other than hosiery, socks, outerwear and undewear in the U.S..
826
This report provides an in-depth analysis of the apparel accessory market in the U.S..
1304
This report provides an in-depth analysis of the menswear market in the U.S..
666
This report provides an in-depth analysis of the women's apparel market in the U.S..
956
The revenue of the hosiery and sock market in the U.S. amounted to $2.4B in 2018, jumping by 4% against the previous year....
1875
The U.S. dominates in global imports of hosiery and socks, accounting for a X% share (based on USD). It was followed by the UK and Germany (X% each). In 2015, U.S. hosiery and sock imports totaled X billion USD, which was X million USD (X%) more
1366
The hosiery market of today abounds in numerous types of this accessory: textured, footless, printed, opaque, and leggings just to name a few. A current fashion trend is shape and structure perfection.
202
In January 2023, the growth pace of Apparel Accessory was the most rapid, experiencing a month-to-month increase of 19%. In terms of value, imports of Apparel Accessory reached $413M in August 2023.
162
Imports of apparel accessories saw a significant decrease in value in February 2023, falling to $379M.
353
Imports of Menswear in June 2023 amounted to $2.8B in terms of value.
218
In February 2023, the price of menswear per unit (CIF, US) was $4.6, seeing a decrease of -7.9% compared to the previous month.
610
The revenue of the menswear market in the U.S. amounted to $2.9B in 2018, jumping by 5.6% against the previous year....
956
The revenue of the hosiery and sock market in the U.S. amounted to $2.4B in 2018, jumping by 4% against the previous year....
1875
The U.S. dominates in global imports of hosiery and socks, accounting for a X% share (based on USD). It was followed by the UK and Germany (X% each). In 2015, U.S. hosiery and sock imports totaled X billion USD, which was X million USD (X%) more
