EU: Women Hosiery Market 2024

Women Hosiery Market Size in the EU

The EU women hosiery market expanded remarkably to $X in 2022, surging by 5.1% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in the immediate term.

Women Hosiery Production in the EU

In value terms, women hosiery production declined to $X in 2022 estimated in export price. Overall, production recorded a perceptible contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 12% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports in the EU

In 2022, after six years of growth, there was decline in overseas shipments of socks, stockings and other women's hosiery, when their volume decreased by -2.1% to X pairs. Total exports indicated a pronounced expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.6% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of X pairs, and then dropped modestly in the following year.

In value terms, women hosiery exports shrank slightly to $X in 2022. Total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.1% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports reached the peak of $X, and then declined slightly in the following year.

Exports by Country

The Netherlands (X pairs) and Germany (X pairs) represented roughly 34% of total exports in 2022. It was distantly followed by Belgium (X pairs), Portugal (X pairs), Poland (X pairs), Italy (X pairs) and France (X pairs), together comprising a 39% share of total exports. The following exporters - Spain (X pairs), Croatia (X pairs), Greece (X pairs), Slovakia (X pairs), Denmark (X pairs) and Bulgaria (X pairs) - together made up 18% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of +11.5%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Italy ($X) constituted the countries with the highest levels of exports in 2022, with a combined 50% share of total exports. Belgium, Poland, France, Portugal, Croatia, Spain, Slovakia, Bulgaria, Denmark and Greece lagged somewhat behind, together accounting for a further 39%.

Poland, with a CAGR of +9.5%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per pair, dropping by -1.5% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 11% against the previous year. Over the period under review, the export prices reached the peak figure at $X per pair in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per pair), while Greece ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.9%), while the other leaders experienced more modest paces of growth.

Women Hosiery Imports

Imports in the EU

Women hosiery imports amounted to X pairs in 2022, with an increase of 5.7% on the year before. Total imports indicated moderate growth from 2012 to 2022: its volume increased at an average annual rate of +4.8% 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 +51.0% against 2015 indices. The pace of growth was the most pronounced in 2019 with an increase of 13%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, women hosiery imports expanded notably to $X in 2022. Total imports indicated a resilient expansion 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 +31.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 24%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X pairs), distantly followed by France (X pairs), the Netherlands (X pairs), Italy (X pairs), Spain (X pairs) and Poland (X pairs) were the main importers of socks, stockings and other women's hosiery, together achieving 70% of total imports. The following importers - Belgium (X pairs), the Czech Republic (X pairs), Greece (X pairs), Austria (X pairs), Sweden (X pairs), Denmark (X pairs) and Ireland (X pairs) - together made up 19% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +11.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2022, together comprising 48% of total imports. Italy, Spain, Poland, Austria, Belgium, Sweden, the Czech Republic, Denmark, Greece and Ireland lagged somewhat behind, together comprising a further 40%.

In terms of the main importing countries, Poland, with a CAGR of +15.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per pair in 2022, therefore, remained relatively stable against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the import price increased by 13%. Over the period under review, import prices hit record highs at $X per pair in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per pair), while Greece ($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 Czech Republic (+12.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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