Report Update Nov 1, 2024

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

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Venezuela: Women Hosiery Market 2024

Women Hosiery Market Size in Venezuela

The Venezuelan women hosiery market expanded sharply to $X in 2022, increasing by 6.3% against the previous year. Overall, consumption showed mild growth. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Women Hosiery Production in Venezuela

In value terms, women hosiery production reached $X in 2022 estimated in export price. In general, the total production indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.1% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by 118%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Women Hosiery Exports

Exports from Venezuela

For the third consecutive year, Venezuela recorded decline in shipments abroad of socks, stockings and other women's hosiery, which decreased by -20.5% to X pairs in 2022. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 427% against the previous year. As a result, the exports attained the peak of X pairs. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, women hosiery exports amounted to $X in 2022. Over the period under review, exports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 with an increase of 275% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X pairs) was the main destination for women hosiery exports from Venezuela, with a 27% share of total exports. Moreover, women hosiery exports to the Netherlands exceeded the volume sent to the second major destination, Belgium (X pairs), fourfold. Chile (X pairs) ranked third in terms of total exports with a 6.9% share.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands amounted to +33.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.6% per year) and Chile (-25.1% per year).

In value terms, the largest markets for women hosiery exported from Venezuela were the Netherlands ($X), Austria ($X) and Belgium ($X), together accounting for 42% of total exports. Switzerland, Spain, Chile and Singapore lagged somewhat behind, together comprising a further 12%.

Among the main countries of destination, Singapore, with a CAGR of +58.6%, recorded the highest growth rate of the value of exports, 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, growing by 28% against the previous year. In general, the export price enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 99% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Austria ($X per pair), while the average price for exports to Chile ($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 Austria (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Women Hosiery Imports

Imports into Venezuela

In 2022, imports of socks, stockings and other women's hosiery into Venezuela surged to X pairs, picking up by 77% compared with the previous year's figure. In general, imports, however, showed a deep reduction. Imports peaked at X pairs in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, women hosiery imports surged to $X in 2022. Overall, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 56%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X pairs) was the main supplier of women hosiery to Venezuela, accounting for a approx. 98% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -3.6%.

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

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.8%.

Import Prices by Country

The average women hosiery import price stood at $X per pair in 2022, waning by -31.5% against the previous year. Overall, the import price recorded a noticeable reduction. The pace of growth appeared the most rapid in 2021 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs at $X per pair in 2015; however, from 2016 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 Panama amounted to +12.5% 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, accounting for 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, accounting for 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 Venezuela?

In value terms, Italy constituted the largest supplier of women hosiery to Venezuela, comprising 84% of total imports. The second position in the ranking was occupied by Turkey, with a 4.7% share of total imports. It was followed by Spain, with a 4% share.

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

In value terms, Spain and Chile were the largest markets for women hosiery exported from Venezuela worldwide.

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

In 2021, the average women hosiery export price amounted to $9.2 per pair, remaining constant against the previous year.

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

In 2021, the average women hosiery import price amounted to $34 per pair, rising by 294% against the previous year.

This report provides an in-depth analysis of the women hosiery market in Venezuela. 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:

Venezuela

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Venezuela
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
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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