Report Update Nov 1, 2024

Thailand - Socks, Stockings and Other Women's Hosiery - Market Analysis, Forecast, Size, Trends and Insights

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Thailand: Women Hosiery Market 2024

Women Hosiery Market Size in Thailand

The Thai women hosiery market dropped dramatically to $X in 2022, waning by -19.7% against the previous year. Over the period under review, consumption continues to indicate a abrupt decrease. Women hosiery consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Women Hosiery Production in Thailand

In value terms, women hosiery production fell markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 602% against the previous year. Women hosiery production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Women Hosiery Exports

Exports from Thailand

After two years of decline, overseas shipments of socks, stockings and other women's hosiery increased by 18% to X pairs in 2022. Overall, exports saw a relatively flat trend pattern. The exports peaked at X pairs in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, women hosiery exports surged to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X pairs) was the main destination for women hosiery exports from Thailand, accounting for a 70% share of total exports. Moreover, women hosiery exports to Japan exceeded the volume sent to the second major destination, the United States (X pairs), sixfold. South Korea (X pairs) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+7.7% per year) and South Korea (+3.2% per year).

In value terms, Japan ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from Thailand, comprising 68% of total exports. The second position in the ranking was held by the United States ($X), with a 7.6% share of total exports. It was followed by China, with a 4% share.

From 2012 to 2022, the average annual growth rate of value to Japan was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+0.2% per year) and China (+9.4% per year).

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2022, remaining relatively unchanged against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 7.1%. The export price peaked at $X per pair in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 Belgium ($X per pair), while the average price for exports to the United States ($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 Belgium (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Thailand

In 2022, overseas purchases of socks, stockings and other women's hosiery decreased by -0.9% to X pairs for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 45%. Imports peaked at X pairs in 2021, and then shrank modestly in the following year.

In value terms, women hosiery imports rose notably to $X in 2022. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 25%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X pairs) was the main supplier of women hosiery to Thailand, with a approx. 97% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +16.4%.

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to Thailand.

From 2012 to 2022, the average annual growth rate of value from China stood at +9.7%.

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, with an increase of 16% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 18% against the previous year. Over the period under review, average import prices attained the maximum at $X per pair in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -5.7% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for socks, stockings and other women's hosiery in the world?

Turkey remains the largest women hosiery consuming country worldwide, comprising approx. 41% of total volume. Moreover, women hosiery consumption in Turkey exceeded the figures recorded by the second-largest consumer, China, fourfold. The third position in this ranking was occupied by the United States, with a 6% share.

What are the largest producers of socks, stockings and other women's hosiery in the world?

The country with the largest volume of women hosiery production was Turkey, comprising approx. 42% of total volume. Moreover, women hosiery production in Turkey exceeded the figures recorded by the second-largest producer, China, twofold. The third position in this ranking was occupied by India, with a 4% share.

What are the leading suppliers of socks, stockings and other women's hosiery to Thailand?

In value terms, China constituted the largest supplier of women hosiery to Thailand.

What are the leading importers of socks, stockings and other women's hosiery from Thailand?

In value terms, Japan remains the key foreign market for women hosiery exports from Thailand, comprising 70% of total exports. The second position in the ranking was occupied by the United States, with a 7.1% share of total exports. It was followed by China, with a 6.3% share.

What is the average export price for socks, stockings and other women's hosiery in Thailand?

In 2021, the average women hosiery export price amounted to $19 per pair, dropping by -18.1% against the previous year.

What is the average import price for socks, stockings and other women's hosiery in Thailand?

The average women hosiery import price stood at $6.3 per pair in 2021, which is down by -23.6% against the previous year.

This report provides an in-depth analysis of the women hosiery market in Thailand. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 14311050 - Women
Prodcom 14311090 - Knitted or crocheted hosiery and footwear (including socks, e xcluding women

Country coverage:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023