In 2023, Portugal led the European market for men's or boys' cotton jerseys, pullovers, sweatshirts, waistcoats, and cardigans, with a significant 52.57% share. Bulgaria and Croatia followed, though their shares were considerably smaller. Notably, Germany saw a dramatic increase of 114.41% year-on-year due to enhanced production capabilities or market demand. Italy, however, experienced the most substantial decline, with a drop of 32.72%. Over the past five years, the compound annual growth rates suggest fluctuating trends influenced by regional economic activities and external factors, though reliable forecasts remain limited.
Future trends to watch include:
- Potential shifts in production due to changing labor costs or trade regulations within the EU.
- The impact of technological advancements in production processes potentially boosting efficiency, especially in countries like Germany.
- Consumer preferences evolving towards sustainable and eco-friendly practices affecting cotton production and sourcing in Europe.
- Geopolitical factors affecting trade relations and market access within the European market.
Top countries in Sold Production of Men's or Boys' Jerseys, Pullovers, Sweatshirts, Waistcoats and Cardigans of Cotton Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 52.57 | 2023 | +12.94% | +4.43% | View data |
| 2 | 2 Bulgaria | 12.65 | 2023 | +4.51% | +3.51% | View data |
| 3 | 3 Croatia | 10.4 | 2023 | -0.13% | -0.96% | View data |
| 4 | 4 France | 8.27 | 2023 | -3.81% | +1.81% | View data |
| 5 | 5 Italy | 3.3 | 2023 | -77.48% | -32.72% | View data |
| 6 | 6 Denmark | 2.14 | 2023 | +30.39% | +15.29% | View data |
| 7 | 7 Spain | 1.22 | 2023 | -21.66% | -14.16% | View data |
| 8 | 8 Greece | 1.02 | 2021 | +62.9% | View data | |
| 9 | 9 Lithuania | 0.72 | 2023 | -8.67% | +5.8% | View data |
| 10 | 10 Serbia | 0.6 | 2023 | +5.02% | +6.12% | View data |
