Europe: Knitted Fabric Market 2024

Knitted Fabric Market Size in Europe

The Europe knitted fabric market shrank to $X in 2022, with a decrease of X% against the previous year. In general, consumption showed a mild curtailment. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Knitted Fabric Production in Europe

In value terms, knitted fabric production dropped modestly to $X in 2022 estimated in export price. Overall, production, however, saw a mild slump. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Knitted Fabric Exports

Exports in Europe

In 2022, the amount of knitted or crocheted fabrics exported in Europe shrank slightly to X tons, flattening at 2021 figures. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons, leveling off in the following year.

In value terms, knitted fabric exports reached $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Italy (X tons), Belarus (X tons), Germany (X tons), Spain (X tons), France (X tons), Portugal (X tons), Poland (X tons), Belgium (X tons), Greece (X tons), the Czech Republic (X tons), Hungary (X tons) and Bulgaria (X tons) represented the main exporter of knitted or crocheted fabrics in Europe, comprising X% of total export.

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

In value terms, Italy ($X), Germany ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. France, Portugal, Poland, Belarus, Belgium, Greece, Hungary, the Czech Republic and Bulgaria lagged somewhat behind, together accounting for a further X%.

Belarus, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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 Europe amounted to $X per ton, approximately mirroring the previous year. Overall, the export price, however, saw a noticeable descent. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Belarus ($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 other leaders experienced a decline in the export price figures.

Knitted Fabric Imports

Imports in Europe

In 2022, after six years of growth, there was significant decline in overseas purchases of knitted or crocheted fabrics, when their volume decreased by X% to X tons. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then dropped remarkably in the following year.

In value terms, knitted fabric imports dropped to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then fell in the following year.

Imports by Country

In 2022, Italy (X tons), followed by Poland (X tons), Belarus (X tons), Ukraine (X tons), Germany (X tons), Bulgaria (X tons) and France (X tons) were the key importers of knitted or crocheted fabrics, together constituting X% of total imports. The UK (X tons), Spain (X tons), Belgium (X tons), the Netherlands (X tons), Greece (X tons) and Romania (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Belarus (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest knitted fabric importing markets in Europe were Italy ($X), Germany ($X) and Poland ($X), with a combined X% share of total imports. France, Bulgaria, Ukraine, Spain, Romania, the Netherlands, the UK, Belarus, Greece and Belgium lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, the Netherlands, with a CAGR of X%, recorded the highest rates of growth with regard to 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 import price in Europe stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price, however, showed a slight descent. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 Romania ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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