In 2023, Germany was the leading importer of knitted and crocheted hosiery in Europe with a value of 142.64 million items, followed by Italy at 116.76 million. Croatia saw a growth of 4.21%, whereas Lithuania, Portugal, and Latvia faced double-digit declines of over 11%. Spain (0.59%), Romania (1.71%), and Greece (8.12%) noted moderate positive variations amid decreasing trends in key markets like the UK (-4.25%) and Austria (-4.17%). The five-year CAGR reveals an average annual decline, indicating a potential cooling in demand across several major economies.
Looking ahead, changing consumer preferences towards sustainable fashion, coupled with the rise of digital retail channels, could reshape import dynamics. Furthermore, economic factors such as inflation rates, currency fluctuations, and trade policies will significantly influence future trends in the European hosiery market.
Top countries in Import of Knitted and Crocheted Hosiery by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 142,640,000 | 2023 | -1.1% | -1.99% | View data |
| 2 | 2 Italy | 116,760,000 | 2023 | -0.12% | -1.89% | View data |
| 3 | 3 Croatia | 79,037,000 | 2023 | +3.37% | +4.21% | View data |
| 4 | 4 France | 75,760,000 | 2023 | -1.29% | -1.85% | View data |
| 5 | 5 United Kingdom | 57,420,000 | 2023 | -5.98% | -4.25% | View data |
| 6 | 6 Netherlands | 52,020,000 | 2023 | +4.91% | -0.077% | View data |
| 7 | 7 Spain | 38,275,000 | 2023 | +6.47% | +0.59% | View data |
| 8 | 8 Romania | 34,405,000 | 2023 | +2.56% | +1.71% | View data |
| 9 | 9 Austria | 26,301,000 | 2023 | -0.86% | -4.17% | View data |
| 10 | 10 Greece | 19,749,000 | 2023 | +0.83% | +8.12% | View data |
