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

Contents:

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

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

In November 2023, the average import price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $3.7 per pair, growing by 13% against the previous month. In general, the import price, however, continues to indicate a mild curtailment. The pace of growth appeared the most rapid in May 2023 an increase of 75% against the previous month. Over the period under review, average import prices reached the maximum at $5.5 per pair in February 2023; however, from March 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($10.8 per pair), while the price for China ($2.1 per pair) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In November 2023, the average export price for graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds amounted to $4.9 per pair, declining by -67.2% against the previous month. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in May 2023 when the average export price increased by 108% m-o-m. The export price peaked at $25.3 per pair in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($10.7 per pair), while the average price for exports to China ($1.5 per pair) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+0.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 3.6M pairs of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds were imported into Japan; with an increase of 2.6% compared with 2021. Over the period under review, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2021 with an increase of 18% against the previous year. Imports peaked at 3.8M pairs in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds expanded markedly to $15M in 2022. Overall, imports, however, saw a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 11%. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.53.14.17.327.8%
United States2.81.91.62.0-10.6%
Germany3.02.12.52.0-12.6%
Mexico3.12.02.91.9-15.1%
Switzerland0.71.31.00.84.6%
Costa Rica2.21.11.40.4-43.3%
ThailandN/A0.1N/A0.373.2%
Others0.91.20.70.6-12.6%
Total16.212.914.315.5-1.5%

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

  1. China (2511.9K pairs)
  2. Mexico (417.5K pairs)
  3. United States (224.1K pairs)
  4. Germany (166.4K pairs)
  5. Costa Rica (89.7K pairs)
  6. Thailand (66.0K pairs)
  7. Switzerland (48.0K pairs)

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

For the third year in a row, Japan recorded decline in overseas shipments of graduated compression hosiery (for example, stockings for varicose veins), knitted or crocheteds, which decreased by -25.8% to 216K pairs in 2022. Overall, exports continue to indicate a sharp decline. The smallest decline of -4.3% was in 2021. The exports peaked at 595K 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 fell sharply to $2.8M in 2022. In general, exports showed a sharp setback. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. Over the period under review, the exports of attained the peak figure at $8.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Graduated Compression Hosiery (for Example, Stockings for Varicose Veins), Knitted or Crocheted in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia6,1471,3321,9691,134-43.1%
United Kingdom40.0209533841176.0%
South Korea883279399253-34.1%
China1,0091,452813210-40.7%
Hong Kong SAR10311315515013.3%
Singapore30.943.921.112057.2%
Taiwan (Chinese)24314598.147.7-41.9%
Others78.813410167.2-5.2%
Total8,5343,7074,0902,824-30.8%

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

  1. Malaysia (82.3K pairs)
  2. China (34.9K pairs)
  3. United Kingdom (30.5K pairs)
  4. South Korea (29.3K pairs)
  5. Hong Kong SAR (14.0K pairs)
  6. Singapore (13.0K pairs)
  7. Taiwan (Chinese) (6.4K pairs)

Source: IndexBox Market Intelligence Platform

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