Bangladesh: Women Hosiery Market 2025

Women Hosiery Market Size in Bangladesh

The Bangladeshi women hosiery market contracted to $X in 2022, with a decrease of -4.1% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.7% against 2019 indices. Women hosiery consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Women Hosiery Production in Bangladesh

In value terms, women hosiery production declined modestly to $X in 2022 estimated in export price. In general, the total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -10.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the production volume increased by 21% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Women Hosiery Exports

Exports from Bangladesh

In 2022, the amount of socks, stockings and other women's hosiery exported from Bangladesh soared to X pairs, with an increase of 23% against the previous year. Overall, exports recorded a significant increase. The pace of growth was the most pronounced in 2014 with an increase of 232% against the previous year. Over the period under review, the exports attained the peak figure at X pairs in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, women hosiery exports skyrocketed to $X in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 227%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X pairs), Poland (X pairs) and India (X pairs) were the main destinations of women hosiery exports from Bangladesh, together accounting for 22% of total exports. The Czech Republic, France, Qatar, the Netherlands, South Korea, Bahrain, the UK, Japan, the United States and Sweden lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +138.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from Bangladesh, comprising 17% of total exports. The second position in the ranking was held by Poland ($X), with a 7.3% share of total exports. It was followed by France, with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at +43.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+69.7% per year) and France (+21.6% per year).

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2022, rising by 9.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2017 an increase of 26%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per pair), while the average price for exports to South Korea ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Bangladesh

In 2022, purchases abroad of socks, stockings and other women's hosiery decreased by -2.2% to X pairs, falling for the second consecutive year after nine years of growth. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2013 when imports increased by 207% against the previous year. Over the period under review, imports hit record highs at X pairs in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, women hosiery imports reached $X in 2022. In general, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of 180%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest women hosiery supplier to Bangladesh, accounting for a 90% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, the UK (X pairs), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +38.0%.

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Bangladesh, comprising 89% of total imports. The second position in the ranking was taken by the UK ($X), with a 3.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +31.1%.

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2022, growing by 3.1% against the previous year. Over the period under review, the import price, however, recorded a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 35%. The import price peaked at $X per pair in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per pair), while the price for the UK stood at $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.0%).

Source: IndexBox Platform

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