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

Contents:

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

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

The average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds stood at $2.2 per pair in 2022, waning by -71.6% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2017 an increase of 564%. The export price peaked at $10 per pair in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($7.4 per pair), while the average price for exports to Canada ($0.8 per pair) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (-0.8%), while the prices for the other major destinations experienced a decline.

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

In 2022, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to less than $0.1 per pair, reducing by -24.6% against the previous year. Over the period under review, the import price faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2018 a decrease of -2.1%. Over the period under review, average import prices attained the peak figure at $3 per pair in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Thailand ($0.1 per pair), while the price for China totaled less than $0.1 per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (-30.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, shipments abroad of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds increased by 51% to 586K pairs for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic setback. Over the period under review, the exports of attained the maximum at 2.6M pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds contracted significantly to $1.3M in 2022. Over the period under review, exports, however, recorded a significant decline. The smallest decline of -9.1% was in 2020. The exports peaked at $23M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Myanmar (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom7.46.21.10.8-52.4%
Netherlands2.43.10.50.2-56.3%
Canada0.20.9N/A0.1-20.6%
United States6.65.80.50.1-75.3%
Japan0.30.7N/A0.1-30.7%
Spain1.11.2N/AN/A9.1%
Belgium0.70.5N/AN/A-28.6%
Slovenia2.31.90.5N/A-53.4%
Mexico1.50.4N/AN/A-73.3%
Others0.80.60.3N/A-38.8%
Total23.321.23.01.3-61.8%

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

  1. Netherlands (219.6K pairs)
  2. United States (165.9K pairs)
  3. United Kingdom (114.0K pairs)
  4. Canada (74.0K pairs)
  5. Japan (12.4K pairs)

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

In 2022, approx. 5.3M pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into Myanmar; with an increase of 410% compared with the previous year's figure. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds skyrocketed to $217K in 2022. In general, imports continue to indicate a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10528.835.120825.6%
Thailand4.11.418.75.38.9%
India30.60.11.91.8-61.1%
Others10.119.40.71.3-49.5%
Total15049.756.321713.1%

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

  1. China (5.2M pairs)
  2. Thailand (0.1M pairs)

Source: IndexBox Market Intelligence Platform

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