Germany: Knitted Fabric Market 2024

Knitted Fabric Market Size in Germany

In 2022, after two years of growth, there was decline in the German knitted fabric market, when its value decreased by X% to $X. Over the period under review, consumption saw a relatively flat trend pattern. Knitted fabric consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Knitted Fabric Production in Germany

In value terms, knitted fabric production fell modestly to $X in 2022 estimated in export price. In general, production showed a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of X%. Knitted fabric production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Knitted Fabric Exports

Exports from Germany

In 2022, approx. X tons of knitted or crocheted fabrics were exported from Germany; waning by X% against 2021. In general, exports recorded a slight decrease. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, knitted fabric exports declined slightly to $X in 2022. Over the period under review, exports showed a noticeable decline. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Poland (X tons) was the main destination for knitted fabric exports from Germany, with a X% share of total exports. Moreover, knitted fabric exports to Poland exceeded the volume sent to the second major destination, Austria (X tons), threefold. The third position in this ranking was held by France (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Poland stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and France (X% per year).

In value terms, Poland ($X), Italy ($X) and Hungary ($X) appeared to be the largest markets for knitted fabric exported from Germany worldwide, with a combined X% share of total exports. Austria, Romania, the United States, France, Switzerland, Turkey, the Czech Republic, the Netherlands, Belgium and the UK lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination 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 knitted fabric export price amounted to $X per ton, almost unchanged from the previous year. In general, the export price showed a mild decline. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Knitted Fabric Imports

Imports into Germany

In 2022, supplies from abroad of knitted or crocheted fabrics decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, knitted fabric imports reduced modestly to $X in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Turkey (X tons) were the main suppliers of knitted fabric imports to Germany, with a combined X% share of total imports. Austria, Hungary, the Netherlands, Thailand, South Korea, Poland, Portugal, Switzerland, Greece and Spain lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest knitted fabric suppliers to Germany were Italy ($X), China ($X) and Turkey ($X), with a combined X% share of total imports. Austria, Switzerland, the Netherlands, South Korea, Poland, Portugal, Hungary, Spain, Thailand and Greece lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average knitted fabric import price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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