Estonia: Women Hosiery Market 2025

Women Hosiery Market Size in Estonia

The Estonian women hosiery market rose rapidly to $X in 2022, surging by 9.5% against the previous year. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +28.2% against 2020 indices. Women hosiery consumption peaked in 2022 and is expected to retain growth in the near future.

Women Hosiery Production in Estonia

In value terms, women hosiery production amounted to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 with an increase of 27%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports from Estonia

In 2022, shipments abroad of socks, stockings and other women's hosiery increased by 9.5% to X pairs for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 61%. The exports peaked at X pairs in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, women hosiery exports skyrocketed to $X in 2022. In general, exports, however, recorded a pronounced decline. The most prominent rate of growth was recorded in 2021 when exports increased by 24%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X pairs), Lithuania (X pairs) and Latvia (X pairs) were the main destinations of women hosiery exports from Estonia, with a combined 76% share of total exports. Slovenia, Germany, the Czech Republic, Sweden and Russia lagged somewhat behind, together comprising a further 17%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +50.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Russia ($X) and Lithuania ($X) constituted the largest markets for women hosiery exported from Estonia worldwide, with a combined 62% share of total exports. Latvia, Germany, Slovenia, Sweden and the Czech Republic lagged somewhat behind, together accounting for a further 31%.

The Czech Republic, with a CAGR of +49.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2022, picking up by 7.8% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +8.9% 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 increased by +59.2% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 49% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per pair), while the average price for exports to Slovenia ($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 Russia (+40.6%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Estonia

In 2022, after two years of decline, there was significant growth in purchases abroad of socks, stockings and other women's hosiery, when their volume increased by 19% to X pairs. The total import volume increased at an average annual rate of +1.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 19% against the previous year. Imports peaked at X pairs in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, women hosiery imports expanded rapidly to $X in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X pairs), Turkey (X pairs) and Pakistan (X pairs) were the main suppliers of women hosiery imports to Estonia, with a combined 66% share of total imports. Germany, Belgium, Poland, Italy, India, Indonesia, Latvia, the Netherlands, Finland and Myanmar lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of +344.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and Italy ($X) appeared to be the largest women hosiery suppliers to Estonia, with a combined 54% share of total imports. Pakistan, the Netherlands, Finland, Germany, Belgium, Poland, Indonesia, Latvia, India and Myanmar lagged somewhat behind, together comprising a further 31%.

Myanmar, with a CAGR of +239.8%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2022, which is down by -8.5% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. The growth pace was the most rapid in 2021 an increase of 29% against the previous year. As a result, import price attained the peak level of $X per pair, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per pair), while the price for Myanmar ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform