Kazakhstan: Women Hosiery Market 2024

Women Hosiery Market Size in Kazakhstan

The Kazakh women hosiery market shrank notably to $X in 2022, which is down by -18.7% against the previous year. Over the period under review, the total consumption 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, consumption increased by +43.5% against 2016 indices. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Women Hosiery Production in Kazakhstan

In value terms, women hosiery production expanded to $X in 2022 estimated in export price. Over the period under review, production, however, posted a significant expansion. The growth pace was the most rapid in 2019 with an increase of 108% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports from Kazakhstan

In 2022, the amount of socks, stockings and other women's hosiery exported from Kazakhstan shrank to X pairs, with a decrease of -6.8% against 2021 figures. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 333%. Over the period under review, the exports attained the maximum at X pairs in 2021, and then dropped in the following year.

In value terms, women hosiery exports reduced to $X in 2022. In general, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 435%. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank in the following year.

Exports by Country

Russia (X pairs) was the main destination for women hosiery exports from Kazakhstan, with a approx. 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +9.0%.

In value terms, Russia ($X) also remains the key foreign market for socks, stockings and other women's hosiery exports from Kazakhstan.

From 2012 to 2022, the average annual growth rate of value to Russia totaled +11.9%.

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2022, picking up by 2.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per pair in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +2.6% per year.

Women Hosiery Imports

Imports into Kazakhstan

In 2022, after two years of growth, there was significant decline in purchases abroad of socks, stockings and other women's hosiery, when their volume decreased by -22.3% to X pairs. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 98%. Imports peaked at X pairs in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, women hosiery imports fell rapidly to $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.4% 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 +51.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, imports reached the peak of $X, and then dropped rapidly in the following year.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of women hosiery to Kazakhstan, accounting for a 80% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X pairs), sevenfold. Russia (X pairs) ranked third in terms of total imports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+19.7% per year) and Russia (+14.8% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Kazakhstan, comprising 75% of total imports. The second position in the ranking was taken by Turkey ($X), with a 10% share of total imports. It was followed by Russia, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+18.9% per year) and Russia (+16.4% per year).

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, falling by -5.8% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 90% against the previous year. The import price peaked at $X per pair in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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