Report Update: May 1, 2024

Hong Kong SAR, China - Socks, Stockings And Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights

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Women Hosiery Price in Hong Kong SAR - 2023

Women Hosiery Price in Hong Kong SAR (CIF) - 2023

The average women hosiery import price stood at $4.2 per pair in September 2023, reducing by -10.4% against the previous month. Over the period under review, import price indicated a temperate increase from September 2022 to September 2023: its price increased at an average monthly rate of +2.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, women hosiery import price decreased by -19.4% against June 2023 indices. The pace of growth was the most pronounced in February 2023 an increase of 69% m-o-m. Over the period under review, average import prices hit record highs at $5.2 per pair in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($9.6 per pair), while the price for Japan ($3.0 per pair) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Women Hosiery Price in Hong Kong SAR (FOB) - 2023

The average women hosiery export price stood at $4.4 per pair in September 2023, almost unchanged from the previous month. Over the period under review, export price indicated perceptible growth from September 2022 to September 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, women hosiery export price decreased by -10.9% against July 2023 indices. The pace of growth was the most pronounced in February 2023 when the average export price increased by 41% against the previous month. As a result, the export price reached the peak level of $5.9 per pair. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($9.1 per pair), while the average price for exports to Canada ($1.4 per pair) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports in Hong Kong SAR

In 2022, approx. 12M pairs of socks, stockings and other women's hosiery were imported into Hong Kong SAR; falling by -34.9% against the year before. In general, imports saw a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, imports attained the peak of 18M pairs, and then shrank markedly in the following year.

In value terms, women hosiery imports declined significantly to $30M in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 17%. Over the period under review, imports reached the peak figure at $49M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Women Hosiery in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	29.9	21.2	24.5	14.6	-21.3%
Japan	2.4	2.3	2.7	2.5	1.4%
Vietnam	1.7	1.2	1.2	1.4	-6.3%
Thailand	2.0	0.9	0.7	1.4	-11.2%
Others	12.7	7.4	9.5	9.8	-8.3%
Total	48.8	32.9	38.6	29.6	-15.4%

Top Suppliers of Women Hosiery to Hong Kong SAR in 2022:

China (9.1M pairs)
Japan (0.6M pairs)
Vietnam (0.3M pairs)
Thailand (0.3M pairs)

Women Hosiery Exports in Hong Kong SAR

In 2022, the amount of socks, stockings and other women's hosiery exported from Hong Kong SAR rose significantly to 5.7M pairs, picking up by 11% compared with the year before. In general, exports, however, showed a pronounced decrease. The exports peaked at 6.6M pairs in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, women hosiery exports reduced to $17M in 2022. Over the period under review, exports, however, continue to indicate a abrupt downturn. Over the period under review, the exports hit record highs at $25M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Women Hosiery in Hong Kong SAR (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	5.7	5.8	5.0	2.4	-25.0%
United States	1.8	2.0	2.0	2.0	3.6%
Japan	1.2	1.3	1.6	1.5	7.7%
Macao SAR	3.3	2.1	1.7	1.4	-24.9%
Chile	0.3	0.1	0.7	1.1	54.2%
Australia	1.8	1.2	0.7	0.8	-23.7%
Mexico	0.3	0.3	0.5	0.6	26.0%
United Kingdom	2.5	0.7	0.4	0.6	-37.9%
Canada	0.2	0.2	0.1	0.4	26.0%
United Arab Emirates	N/A	N/A	N/A	0.4	0%
Finland	0.6	0.4	0.3	0.4	-12.6%
Panama	N/A	0.1	0.2	0.3	73.2%
Austria	0.1	N/A	0.1	0.3	44.2%
Others	7.6	4.5	3.6	4.4	-16.7%
Total	25.5	18.7	16.9	16.8	-13.0%

Top Export Markets for Women Hosiery from Hong Kong SAR in 2022:

United States (1382.0K pairs)
China (492.3K pairs)
Australia (388.8K pairs)
Chile (363.2K pairs)
Japan (334.2K pairs)
Macao SAR (334.1K pairs)
United Arab Emirates (285.8K pairs)
Canada (278.6K pairs)
Mexico (201.8K pairs)
United Kingdom (194.4K pairs)
Austria (188.5K pairs)
Finland (182.2K pairs)
Panama (116.0K pairs)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the women hosiery market in Hong Kong SAR, China. 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:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
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