In 2024, Portugal leads European sold production for women's or girls' knitted or crocheted outerwear, valued at 14.132 million euros, followed by Italy and Romania. Notable year-on-year growth in 2023 came from Italy (18.59%), Hungary (21.37%), and Bulgaria (10.69%). Contrarily, Latvia and Croatia faced declines, with the latter experiencing a significant drop of 20.89%. Over the last five years, the compounded annual growth rate indicates a mixed performance across these countries, highlighting varied resilience and adaptability in the textile industry.
Future trends to watch include increased investments in sustainable and eco-friendly textiles as European markets prioritize environmental impact. Additionally, digitization and innovation in production processes may influence competitiveness, potentially shifting production dynamics, particularly in terms of cost efficiencies and market reach.
Top countries in Sold Production of Women's or Girls' Waistcoats, Anoraks, Ski-Jackets, Wind-Cheaters, Wind-Jackets of Knitted or Crocheted Textiles by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 14,132,000 | 2023 | +11.85% | +3.14% | View data |
| 2 | 2 Italy | 11,369,000 | 2023 | +18.17% | +18.59% | View data |
| 3 | 3 Romania | 10,516,000 | 2023 | +3.69% | +1.49% | View data |
| 4 | 4 Denmark | 9,367,000 | 2023 | +12.34% | +0.68% | View data |
| 5 | 5 Bulgaria | 5,593,000 | 2023 | +4.59% | +10.69% | View data |
| 6 | 6 Latvia | 1,872,000 | 2023 | +0.42% | -4.96% | View data |
| 7 | 7 Hungary | 1,536,100 | 2023 | +6.04% | +21.37% | View data |
| 8 | 8 Spain | 926,870 | 2023 | +22.38% | +2.83% | View data |
| 9 | 9 Greece | 365,500 | 2023 | +13.32% | +13.74% | View data |
| 10 | 10 Lithuania | 193,290 | 2023 | +1.72% | +13.88% | View data |