Colombia: Women Hosiery Market 2025

Women Hosiery Market Size in Colombia

The Colombian women hosiery market expanded slightly to $X in 2022, increasing by 2% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 -0.1% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Women Hosiery Production in Colombia

In value terms, women hosiery production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 31% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Women Hosiery Exports

Exports from Colombia

In 2022, shipments abroad of socks, stockings and other women's hosiery increased by 83% to X pairs, rising for the second year in a row after two years of decline. In general, exports, however, recorded a drastic downturn. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, women hosiery exports soared to $X in 2022. Overall, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 60%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X pairs) was the main destination for women hosiery exports from Colombia, accounting for a 64% share of total exports. Moreover, women hosiery exports to the United States exceeded the volume sent to the second major destination, Canada (X pairs), fivefold. Costa Rica (X pairs) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled -4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+26.7% per year) and Costa Rica (+4.7% per year).

In value terms, the United States ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from Colombia, comprising 56% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports. It was followed by Mexico, with a 3.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled -2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+23.6% per year) and Mexico (-16.6% per year).

Export Prices by Country

In 2022, the average women hosiery export price amounted to $X per pair, which is down by -29.1% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, women hosiery export price decreased by -31.0% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 31% against the previous year. The export price peaked at $X per pair in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($X per pair), while the average price for exports to the United States ($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 Panama (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Colombia

In 2022, imports of socks, stockings and other women's hosiery into Colombia rose significantly to X pairs, picking up by 14% compared with the previous year's figure. Over the period under review, imports recorded a moderate increase. The most prominent rate of growth was recorded in 2017 with an increase of 89%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, women hosiery imports declined slightly to $X in 2022. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2017 with an increase of 104% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of women hosiery to Colombia, accounting for a 56% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, Indonesia (X pairs), fourfold. The third position in this ranking was taken by Ecuador (X pairs), with a 6.5% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (-7.5% per year) and Ecuador (-4.7% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Colombia, comprising 52% of total imports. The second position in the ranking was taken by Indonesia ($X), with an 8.9% share of total imports. It was followed by Panama, with a 7.2% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +16.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Indonesia (+0.0% per year) and Panama (+12.8% per year).

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, which is down by -13.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2021 when the average import price increased by 26%. As a result, import price reached the peak level of $X per pair, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($X per pair), while the price for Free Zones ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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