Italy: Women Hosiery Market 2024

Women Hosiery Market Size in Italy

The Italian women hosiery market reached $X in 2022, rising by 7.2% against the previous year. Over the period under review, consumption saw a mild expansion. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Women Hosiery Production in Italy

In value terms, women hosiery production reached $X in 2022 estimated in export price. Overall, production continues to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Women hosiery production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports from Italy

In 2022, approx. X pairs of socks, stockings and other women's hosiery were exported from Italy; jumping by 16% compared with the previous year. Overall, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X pairs in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, women hosiery exports amounted to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Croatia (X pairs), Germany (X pairs) and France (X pairs) were the main destinations of women hosiery exports from Italy, with a combined 48% share of total exports. Slovenia, Spain, Slovakia, Poland, the UK, Ireland, the Netherlands, Switzerland, Belgium and the United States lagged somewhat behind, together comprising a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ireland (with a CAGR of +28.3%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Croatia ($X) were the largest markets for women hosiery exported from Italy worldwide, with a combined 42% share of total exports. Spain, Switzerland, the Netherlands, Slovenia, the UK, the United States, Poland, Belgium, Ireland and Slovakia lagged somewhat behind, together comprising a further 38%.

Ireland, with a CAGR of +18.5%, saw the highest rates of growth with regard to 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

In 2022, the average women hosiery export price amounted to $X per pair, declining by -6.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 17% against the previous year. The export price peaked at $X per pair in 2021, and then fell in the following year.

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 Switzerland ($X per pair), while the average price for exports to Slovakia ($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 the Netherlands (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Italy

In 2022, women hosiery imports into Italy skyrocketed to X pairs, jumping by 23% against the year before. The total import volume increased at an average annual rate of +5.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, women hosiery imports skyrocketed to $X in 2022. Overall, total imports indicated a prominent 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 +54.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

China (X pairs), Turkey (X pairs) and the Netherlands (X pairs) were the main suppliers of women hosiery imports to Italy, with a combined 43% share of total imports. Croatia, Bulgaria, Belgium, France, Spain, Pakistan, Germany, Bosnia and Herzegovina, Albania and Serbia lagged somewhat behind, together accounting for a further 49%.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of +34.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Croatia ($X) and the Netherlands ($X) appeared to be the largest women hosiery suppliers to Italy, together comprising 40% of total imports. Turkey, Germany, Belgium, France, Bulgaria, Serbia, Spain, Pakistan, Bosnia and Herzegovina and Albania lagged somewhat behind, together accounting for a further 51%.

Bulgaria, with a CAGR of +35.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, reducing by -4.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 8.7% against the previous year. As a result, import price reached the peak level of $X per pair. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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