Northern America: Women Hosiery Market 2024

Women Hosiery Market Size in Northern America

The North American women hosiery market surged to $X in 2022, jumping by 17% against the previous year. Overall, consumption enjoyed a remarkable increase. Over the period under review, the market attained the maximum level in 2022 and is likely to continue growth in years to come.

Women Hosiery Production in Northern America

In value terms, women hosiery production amounted to $X in 2022 estimated in export price. The total production indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.9% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the production volume increased by 33%. The level of production peaked at $X in 2018; afterwards, it flattened through to 2022.

Women Hosiery Exports

Exports in Northern America

In 2022, overseas shipments of socks, stockings and other women's hosiery increased by 30% to X pairs, rising for the second year in a row after two years of decline. Total exports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.4% 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 +141.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 85%. The volume of export peaked at X pairs in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, women hosiery exports soared to $X in 2022. Overall, exports, however, continue to indicate a perceptible downturn. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

The United States prevails in exports structure, reaching X pairs, which was near 97% of total exports in 2022. Canada (X pairs) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the socks, stockings and other women's hosiery exports, with a CAGR of +2.7% from 2012 to 2022. Canada (-3.2%) illustrated a downward trend over the same period. The United States (+2.5 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -2.5% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest women hosiery supplier in Northern America, comprising 95% of total exports. The second position in the ranking was taken by Canada ($X), with a 5.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to -2.8%.

Export Prices by Country

The export price in Northern America stood at $X per pair in 2022, shrinking by -10.9% against the previous year. Overall, the export price saw a deep slump. The pace of growth was the most pronounced in 2019 an increase of 55%. The level of export peaked at $X per pair in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per pair), while the United States amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-4.0%).

Women Hosiery Imports

Imports in Northern America

For the sixth consecutive year, Northern America recorded growth in supplies from abroad of socks, stockings and other women's hosiery, which increased by 35% to X pairs in 2022. Over the period under review, imports showed a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 38%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, women hosiery imports stood at $X in 2022. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid 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 see steady growth in years to come.

Imports by Country

The United States dominates imports structure, resulting at X pairs, which was approx. 98% of total imports in 2022. Canada (X pairs) followed a long way behind the leaders.

The United States was also the fastest-growing in terms of the socks, stockings and other women's hosiery imports, with a CAGR of +16.2% from 2012 to 2022. At the same time, Canada (+3.9%) displayed positive paces of growth. The United States (+3.8 p.p.) significantly strengthened its position in terms of the total imports, while Canada saw its share reduced by -3.8% from 2012 to 2022, respectively.

In value terms, the United States ($X) constitutes the largest market for imported socks, stockings and other women's hosiery in Northern America, comprising 89% of total imports. The second position in the ranking was held by Canada ($X), with an 11% share of total imports.

In the United States, women hosiery imports expanded at an average annual rate of +2.7% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Northern America amounted to $X per pair, reducing by -23.5% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2013 when the import price decreased by -0.5%. The level of import peaked at $X per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per pair), while the United States amounted to $X per pair.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-1.1%).

Source: IndexBox Platform

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