U.S.: Women Hosiery Market 2024

Women Hosiery Market Size in the U.S.

The U.S. women hosiery market surged to $X in 2022, rising by 19% against the previous year. In general, consumption showed a strong increase. Women hosiery consumption peaked in 2022 and is expected to retain growth in the near future.

Women Hosiery Production in the U.S.

In value terms, women hosiery production fell to $X in 2022. In general, production saw a mild reduction. The most prominent rate of growth was recorded in 2017 when the production volume increased by 12% against the previous year. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Women Hosiery Exports

Exports from the U.S.

In 2022, shipments abroad 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. Overall, total exports indicated temperate growth from 2012 to 2022: its volume increased at an average annual rate of +2.7% 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 +144.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 88%. The exports peaked at X pairs in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, women hosiery exports soared to $X in 2022. Over the period under review, exports, however, saw a perceptible shrinkage. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X pairs) was the main destination for women hosiery exports from the United States, with a 47% share of total exports. Moreover, women hosiery exports to Mexico exceeded the volume sent to the second major destination, Canada (X pairs), twofold. Australia (X pairs) ranked third in terms of total exports with a 4.2% share.

From 2012 to 2022, the average annual growth rate of volume to Mexico totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+6.2% per year) and Australia (+13.6% per year).

In value terms, Canada ($X) remains the key foreign market for socks, stockings and other women's hosiery exports from the United States, comprising 44% of total exports. The second position in the ranking was taken by Mexico ($X), with a 13% share of total exports. It was followed by the Netherlands, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada stood at +1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (-7.6% per year) and the Netherlands (+8.4% per year).

Export Prices by Country

The average women hosiery export price stood at $X per pair in 2022, declining by -9.8% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 58% against the previous year. The export price peaked at $X per pair in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per pair), while the average price for exports to Mexico ($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 El Salvador (+4.9%), while the prices for the other major destinations experienced a decline.

Women Hosiery Imports

Imports into the U.S.

For the sixth consecutive year, the United States recorded growth in purchases abroad of socks, stockings and other women's hosiery, which increased by 36% to X pairs in 2022. Over the period under review, imports enjoyed strong growth. The growth pace was the most rapid in 2021 with an increase of 38% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, women hosiery imports reached $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X pairs) constituted the largest supplier of women hosiery to the United States, accounting for a 85% share of total imports. Moreover, women hosiery imports from China exceeded the figures recorded by the second-largest supplier, El Salvador (X pairs), more than tenfold. The third position in this ranking was held by Vietnam (X pairs), with a 3.2% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +20.4%. The remaining supplying countries recorded the following average annual rates of imports growth: El Salvador (+10.3% per year) and Vietnam (+36.7% per year).

In value terms, China ($X) constituted the largest supplier of socks, stockings and other women's hosiery to the United States, comprising 58% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 10% share of total imports. It was followed by El Salvador, with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+7.0% per year) and El Salvador (-2.8% per year).

Import Prices by Country

In 2022, the average women hosiery import price amounted to $X per pair, dropping by -24.4% against the previous year. In general, the import price saw a deep slump. The growth pace was the most rapid in 2013 when the average import price decreased by -0.6%. The import price peaked at $X per pair in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Honduras (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :