In 2023, Italy led European production of knitted and crocheted hosiery with 491.95 million items, despite a 10.56% decline. Serbia followed with 223.79 million items, sustaining a 2.09% increase. Notably, Romania surged by 317.4% to 73.49 million items, reflecting significant industry growth. Poland, Croatia, and France posted slight declines, while Portugal experienced a notable drop of 12.74%. Emerging producers like Estonia saw a 17.49% rise, signaling potential growth. Conversely, Macedonia and Denmark faced significant declines. Over the past five years, the compound annual growth rate varied, with Eastern Europe showing resilience.
Future trends to watch include the potential for Eastern European nations to increase their market share further, driven by competitive manufacturing costs and evolving production capabilities. Additionally, sustainability efforts and technological innovations in hosiery production could reshape the industry landscape, favoring countries that adapt swiftly to new consumer demands.
Top countries in Sold Production of Knitted and Crocheted Hosiery by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 491,950,000 | 2023 | -5.18% | -10.56% | View data |
| 2 | 2 Serbia | 223,790,000 | 2023 | +1.51% | +2.09% | View data |
| 3 | 3 Poland | 74,678,000 | 2023 | -3.61% | -4.07% | View data |
| 4 | 4 Romania | 73,488,000 | 2023 | +4.07% | +317.4% | View data |
| 5 | 5 Croatia | 66,728,000 | 2023 | +2.91% | +3.76% | View data |
| 6 | 6 Portugal | 23,412,000 | 2023 | +19.03% | -12.74% | View data |
| 7 | 7 Spain | 13,893,000 | 2023 | +2.13% | -3.61% | View data |
| 8 | 8 France | 11,132,000 | 2023 | -23.17% | -5.71% | View data |
| 9 | 9 Lithuania | 5,497,200 | 2023 | -3.39% | -5.52% | View data |
| 10 | 10 Bulgaria | 2,636,500 | 2023 | -2.46% | -2.37% | View data |
