EU: Men Knitwear Market 2024

Men Knitwear Market Size in the EU

In 2022, the EU men knitwear market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2022 and is expected to retain growth in years to come.

Men Knitwear Production in the EU

In value terms, men knitwear production rose remarkably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a strong increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level in 2022 and is expected to retain growth in the near future.

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Men Knitwear Exports

Exports in the EU

In 2022, approx. X units of men's or boys' clothing (knitted or crocheted) were exported in the European Union; growing by X% on the previous year's figure. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, men knitwear exports expanded notably to $X in 2022. Over the period under review, exports saw a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Exports by Country

In 2022, Belgium (X units), the Netherlands (X units), Spain (X units), Germany (X units), Poland (X units) and Italy (X units) represented the key exporter of men's or boys' clothing (knitted or crocheted) in the European Union, generating X% of total export. Denmark (X units), Greece (X units), Slovenia (X units), France (X units), Portugal (X units), Austria (X units) and the Czech Republic (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Slovenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Italy ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. The Netherlands, Spain, France, Poland, Portugal, Denmark, Austria, the Czech Republic, Greece and Slovenia lagged somewhat behind, together comprising a further X%.

Slovenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the European Union amounted to $X per unit, stabilizing at the previous year. In general, the export price recorded a slight decline. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Men Knitwear Imports

Imports in the EU

Men knitwear imports surged to X units in 2022, growing by X% compared with 2021 figures. Overall, imports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, men knitwear imports surged to $X in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Spain (X units), Germany (X units), Italy (X units), Poland (X units), the Netherlands (X units), Belgium (X units) and France (X units) represented the largest importer of men's or boys' clothing (knitted or crocheted) in the European Union, comprising X% of total import. Greece (X units), Denmark (X units), Romania (X units), the Czech Republic (X units), Slovenia (X units) and Sweden (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Slovenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest men knitwear importing markets in the European Union were Germany ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports. France, Belgium, Spain, Poland, Sweden, Denmark, the Czech Republic, Greece, Romania and Slovenia lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2022, remaining constant against the previous year. Over the period under review, the import price showed a perceptible descent. The pace of growth appeared the most rapid in 2020 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per unit), while Slovenia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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