Portugal Ranks First in EU Production of Knitted or Crocheted Womens Clothing

Wearing Apparel November 23, 2015
Author: Alla Yakimova
Market Analyst

From 2007 to 2014, EU production of knitted or crocheted women's clothing showed mixed dynamics, rising from 108 million units in 2007 to 129 million units in 2014. It expanded with a CAGR of 2.6% over the period under review. In value terms, EU production of women's clothing reached 2 040 million EUR in 2014, growing by 5.4% annually.

The countries with the largest production of knitted or crocheted women's clothing in absolute volumes were Portugal (35 million units), Italy (31 million units), Spain (13 million units) and Romania (11 million units).

Positive dynamics in the production of knitted or crocheted women's clothing among the main producing countries from 2007 to 2014 were recorded in Portugal (+11.3% per year), while for the other three EU leaders (Italy, Spain and Romania) the paces of growth were more modest or negative.

Portugal dominated in EU production of knitted or crocheted women's clothing and ranked seventh in trade. In 2014, Portugal exported 93% of its total knitted or crocheted women's clothing output. Of this amount, 29% was supplied to Spain, where Portugal's knitted or crocheted women's clothing held a 7% share of total Spain imports.

Source: EU: Women's Or Girls' Clothing (Knitted Or Crocheted) - Market Report. Analysis And Forecast To 2020