In 2023, Italy dominated the European market for lightweight fine knit cotton jumpers and pullovers, producing over 20.5 million items with a year-on-year growth of 9.21%. Romania's production slightly decreased by 1.47%, maintaining second place among the countries listed. Portugal, Poland, and Croatia experienced larger declines, with Portugal at -14.26%, Poland at -2.66%, and Croatia at -14.44%. Lithuania and Denmark had minimal contributions with Lithuania declining by 13.55%. The compound annual growth rate over the last five years points to a decline in most markets, except for Italy showing resilience in the sector.
Future trends to watch include:
- Potential investments in technology and innovation could further bolster Italy's production capabilities.
- Eastern European countries might explore strategic partnerships to regain production momentum.
- Environmentally sustainable practices could affect production strategies across Europe.
- Changing consumer preferences towards sustainable and local production may influence growth in less dominant markets.
Top countries in Sold Production of Lightweight Fine Knit Roll, Polo or Turtle Neck Jumpers and Pullovers of Cotton by Country
| # | 8 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 20,528,000 | 2023 | +15.35% | +9.21% | View data |
| 2 | 2 Romania | 1,507,000 | 2023 | +0.67% | -1.47% | View data |
| 3 | 3 Portugal | 987,680 | 2023 | +5.68% | -14.26% | View data |
| 4 | 4 Poland | 734,760 | 2023 | +0.23% | -2.66% | View data |
| 5 | 5 Croatia | 96,530 | 2023 | -17.54% | -14.44% | View data |
| 6 | 6 Lithuania | 29,070 | 2023 | -8.49% | -13.55% | View data |
| 7 | 7 Denmark | 4,730 | 2021 | +3040% | -19.12% | View data |
| 8 | 8 Estonia | 1,790 | 2021 | -58.28% | -38.22% | View data |
