In 2023, Germany and Italy were leading the European import market of knitting machines, with shares of 34.3% and 29.59%, respectively. Ireland and the Netherlands showed significant growth, achieving 31.54% and 96.08% increases, respectively. Spain and Belgium saw notable declines, down by 26.17% and 23.64% each. Consistent growth trends were noticeable in Romania and Croatia, with 22.37% and 11.55% growth respectively. Meanwhile, the UK and Denmark experienced reductions of 14.74% and 21.08%.
For future trends, watch for:
- The continued potential growth in Ireland and the Netherlands, driven by strong year-on-year increases.
- A rebound in demand from Spain and Belgium as they recover from recent downturns.
- Innovation-driven market shifts potentially influencing Germany and Italy’s share.
Top countries in Import of Flat Knitting Machines, Stitch-Bonding Machines and Warp Knitting Machines Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.3 | 2023 | +4.65% | +10.71% | View data |
| 2 | 2 Italy | 29.59 | 2023 | +45.36% | +26.63% | View data |
| 3 | 3 Spain | 13.15 | 2023 | +6.62% | -26.17% | View data |
| 4 | 4 Ireland | 10.62 | 2023 | +6.74% | +31.54% | View data |
| 5 | 5 France | 8.83 | 2023 | -22.93% | -7.03% | View data |
| 6 | 6 Belgium | 6.14 | 2023 | +23.96% | -23.64% | View data |
| 7 | 7 Netherlands | 2.09 | 2023 | +30.59% | +96.08% | View data |
| 8 | 8 Greece | 1.82 | 2023 | -1.73% | +15.83% | View data |
| 9 | 9 United Kingdom | 1.47 | 2023 | -14.86% | -14.74% | View data |
| 10 | 10 Portugal | 1.14 | 2023 | -3.43% | +8.05% | View data |
