Report Update: May 1, 2024

Finland - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights

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Women Hosiery Price in Finland - 2023

Women Hosiery Price in Finland (CIF) - 2023

In June 2023, the average women hosiery import price amounted to $5.7 per pair, rising by 2.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 16% against the previous month. As a result, import price attained the peak level of $5.9 per pair. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($8.5 per pair), while the price for China ($3.3 per pair) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Women Hosiery Price in Finland (FOB) - 2023

In June 2023, the average women hosiery export price amounted to $16.2 per pair, dropping by -16.3% against the previous month. Over the period under review, the export price, however, posted a strong expansion. The pace of growth was the most pronounced in October 2022 when the average export price increased by 73% against the previous month. Over the period under review, the average export prices reached the maximum at $19.4 per pair in May 2023, and then reduced sharply in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($64.8 per pair), while the average price for exports to Poland ($4.3 per pair) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.1%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports in Finland

For the fourth year in a row, Finland recorded growth in purchases abroad of socks, stockings and other women's hosiery, which increased by 3.7% to 12M pairs in 2022. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, women hosiery imports expanded markedly to $50M in 2022. The total import value increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Women Hosiery in Finland (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	13.4	13.6	12.1	15.9	5.9%
Turkey	12.6	12.6	15.1	15.4	6.9%
Sweden	2.1	2.0	1.9	1.8	-5.0%
Pakistan	1.7	1.8	1.3	1.7	0.0%
Italy	1.9	1.8	1.5	1.5	-7.6%
Belgium	0.5	0.7	2.9	1.4	40.9%
Indonesia	1.6	1.4	0.5	1.2	-9.1%
Netherlands	0.8	0.8	0.7	0.4	-20.6%
Poland	0.6	0.5	0.4	0.4	-12.6%
Others	8.3	8.9	10.1	9.9	6.1%
Total	43.6	44.1	46.6	49.7	4.5%

Top Suppliers of Women Hosiery to Finland in 2022:

China (4.3M pairs)
Turkey (4.1M pairs)
Belgium (0.9M pairs)
Indonesia (0.6M pairs)
Pakistan (0.4M pairs)
Sweden (0.4M pairs)
Italy (0.3M pairs)
Netherlands (0.2M pairs)
Poland (0.2M pairs)

Women Hosiery Exports in Finland

In 2022, approx. 495K pairs of socks, stockings and other women's hosiery were exported from Finland; surging by 9.3% on the previous year's figure. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 38%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, women hosiery exports expanded significantly to $5.7M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Women Hosiery in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	81.0	103	122	1,062	135.8%
Estonia	588	547	886	893	14.9%
Sweden	868	836	890	622	-10.5%
Japan	326	356	666	584	21.5%
Russia	655	515	692	384	-16.3%
Norway	331	278	298	336	0.5%
Latvia	164	132	171	231	12.1%
Lithuania	15.1	8.6	13.2	201	137.0%
Poland	215	20.9	14.6	74.3	-29.8%
Italy	51.1	55.8	65.4	37.6	-9.7%
Others	891	759	1,151	1,278	12.8%
Total	4,185	3,612	4,970	5,702	10.9%

Top Export Markets for Women Hosiery from Finland in 2022:

Estonia (131.3K pairs)
Germany (84.8K pairs)
Russia (54.0K pairs)
Lithuania (46.3K pairs)
Japan (39.6K pairs)
Sweden (30.4K pairs)
Latvia (18.1K pairs)
Norway (16.5K pairs)
Poland (7.6K pairs)
Italy (2.8K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the women hosiery market in Finland. 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:

Prodcom 14311050 - Women
Prodcom 14311090 - Knitted or crocheted hosiery and footwear (including socks, e xcluding women

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023