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Key insights into the global pantyhose and tights market
In general, pantyhose imports continue to indicate a temperate decline. The most prominent rate of growth was recorded in 2010, when imports increased by 13% from the previous year level. Global pantyhose import peaked at 1.5 million tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.
In value terms, pantyhose imports stood at $11 billion in 2016. The total import value increased at an average annual rate of +2.5% over the period from 2007 to 2016; the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, global pantyhose imports attained its maximum level of $13 billion in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.
Top pantyhose importing countries in the world
1. USA ($2,231.8 million)
2. Germany ($1,018.6 million)
3. Japan ($994.5 million)
4. United Kingdom ($762.0 million)
5. France ($607.4 million)
6. Italy ($415.0 million)
7. Netherlands ($408.3 million)
8. Russia ($370.6 million)
9. China ($99.0 million)
10. Honduras ($6.6 million)
Pantyhose imports by country
China (307K tonnes), and the U.S. (206K tonnes) represented the major importers of pantyhose in 2016, resulting at approx. 24%, and 16% of total imports, respectively. The UK (87K tonnes) ranks second globally in pantyhose imports with a 7% share, following Germany (5%), and Japan (5%). The following importers - France (37K tonnes), Russia (36K tonnes), Honduras (29K tonnes), the Netherlands (28K tonnes) and Italy (25K tonnes) together made up 12% of total imports.
From 2007 to 2016, the most notable growth rate of pantyhose imports, among the main importing countries, was attained by Russia (+13.8% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($2.2 billion) constitutes the largest market for imported pantyhose worldwide, making up 20% of global imports. The second position in the ranking was occupied by Germany ($1B), with the share of 9% of global imports. It was followed by Japan, with the share of 9%.
From 2007 to 2016, the average annual rate of growth in terms of value of pantyhose imports in the U.S. expanded at +3.8%. In the other countries, the average annual rates were as follows: Germany (+1.6% per year) and Japan (+4.2% per year).
Pantyhose import prices by country
The average pantyhose import price stood at $8,768 per tonne in 2016, going down by -4.1% against the previous year. Over the last nine years it increased at an average annual rate of +4.5%. The pace of growth appeared the most rapid in 2008, when import price increased by 53% against the previous year level. Global pantyhose import peaked of $9,808 per tonne in 2013; however, from 2014 to 2016, it stood at a somewhat lower level.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Germany ($17 per kg), while Honduras ($229 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of pantyhose import prices was attained by China (+18.5% per year), while the other global leaders experienced more modest paces of growth.
Source: IndexBox
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