In 2023, Italy led the European market for women's full-length or knee-length knitted or crocheted hosiery with a value of 153.48 million euros, despite a slight decline of 1.21%. France and Portugal showed positive growth, at 4.43% and 4.1% respectively. Serbia, Croatia, and Bulgaria also experienced growth, while Germany, Poland, Lithuania, and Estonia saw declines. Germany and Poland's performances were notably negative, with contractions of 2.38% and 3.76%. For the past five years, we've observed varying trends with some countries experiencing consistent growth while others struggle with declining market share.
Key future trends to observe include:
- The potential for technological advancements in hosiery manufacturing, which could enhance production efficiency and product quality.
- Rising consumer demand for sustainable and eco-friendly hosiery products, influencing production practices.
- Market demand recovering in regions that previously experienced declines, possibly reshaping market standings.
- Potential economic and political changes in Europe that may affect trade and production dynamics.
Top countries in Sold Production of Women's Full-Length or Knee-Length Knitted or Crocheted Hosiery by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 153,480,000 | 2023 | +7.01% | -1.21% | View data |
| 2 | 2 France | 128,790,000 | 2023 | +8.05% | +4.43% | View data |
| 3 | 3 Portugal | 48,487,000 | 2023 | +2.95% | +4.1% | View data |
| 4 | 4 Serbia | 23,610,000 | 2023 | +3.67% | +2.22% | View data |
| 5 | 5 Croatia | 16,135,000 | 2023 | +2.82% | +4.12% | View data |
| 6 | 6 Germany | 13,824,000 | 2023 | -2.51% | -2.38% | View data |
| 7 | 7 Spain | 7,371,300 | 2023 | -13.16% | +0.6% | View data |
| 8 | 8 Poland | 5,709,500 | 2023 | -8.39% | -3.76% | View data |
| 9 | 9 Bulgaria | 1,336,800 | 2023 | -0.053% | +3.38% | View data |
| 10 | 10 Lithuania | 904,620 | 2023 | -7.5% | -13.36% | View data |