In 2023, Italy led the European market for lightweight fine knit roll, polo, or turtle neck jumpers and pullovers of cotton, boasting a commanding 77.64% share, showcasing a notable 9.21% increase from the previous year. Romania's contribution stood at 5.7% despite a slight dip of 1.47%. Portugal followed with 3.74%, suffering a decline of 14.26%. Notable decliners also included Poland at 2.78%, Croatia at 0.37%, and Lithuania at 0.11%, all experiencing reducing shares in 2023.
CAGR over five years reflects Italy's consistent upward trajectory, while the downturn in other countries suggests competitive challenges. Looking ahead, Italy is poised to maintain its dominance in the market. The increasing emphasis on sustainable fashion and innovations in knitwear technology could influence market dynamics. Monitoring shifts in consumer preferences and trade policies will be key for anticipating changes in production shares across Europe.
Top countries in Sold Production of Lightweight Fine Knit Roll, Polo or Turtle Neck Jumpers and Pullovers of Cotton Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 77.64 | 2023 | +15.35% | +9.21% | View data |
| 2 | 2 Romania | 5.7 | 2023 | +0.67% | -1.47% | View data |
| 3 | 3 Portugal | 3.74 | 2023 | +5.68% | -14.26% | View data |
| 4 | 4 Poland | 2.78 | 2023 | +0.23% | -2.66% | View data |
| 5 | 5 Croatia | 0.37 | 2023 | -17.54% | -14.44% | View data |
| 6 | 6 Lithuania | 0.11 | 2023 | -8.49% | -13.55% | View data |
| 7 | 7 Denmark | 0.018 | 2021 | +3040% | -19.12% | View data |
| 8 | 8 Estonia | 0.007 | 2021 | -58.28% | -38.22% | View data |
