In 2023, Portugal led the European market in production of men's or boys' jackets and blazers of knitted textiles, with a strong growth of 2.09%. Italy, despite its reputation, experienced a significant decline of 17.28%. Lithuania saw modest growth at 3.14%, while Bulgaria showed a remarkable increase at 30.87%. The United Kingdom and Romania faced slight declines of 1.82% and 12.91%, respectively. In contrast, Croatia experienced a substantial growth of 37.8%, although from a smaller base. Austria, Poland, and Serbia saw negative trends, whereas Hungary showed slight positive growth at 2.74%. America showed a continued downturn.
Future trends to watch include:
- The potential for Portugal to maintain or increase its dominant market share.
- Whether Italy's decline reverses as it leverages its strong fashion heritage.
- Bulgaria's potential to keep up its significant upward trend.
- The impact of economic and trade policies on UK and Romanian markets.
- Technological advancements and sustainability efforts influencing production methods and demand.
Top countries in Sold Production of Men's or Boys' Jackets and Blazers of Knitted or Crocheted Textiles by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 4,503,800 | 2023 | +8.95% | +2.09% | View data |
| 2 | 2 Italy | 660,610 | 2023 | +5.75% | -17.28% | View data |
| 3 | 3 Lithuania | 297,690 | 2023 | +4.03% | +3.14% | View data |
| 4 | 4 Bulgaria | 205,360 | 2023 | +6.67% | +30.87% | View data |
| 5 | 5 United Kingdom | 186,410 | 2023 | +0.095% | -1.82% | View data |
| 6 | 6 Romania | 160,930 | 2023 | -4.93% | -12.91% | View data |
| 7 | 7 Poland | 62,900 | 2023 | -3.21% | -1.7% | View data |
| 8 | 8 Austria | 57,260 | 2023 | -17.55% | -9.59% | View data |
| 9 | 9 Hungary | 35,790 | 2023 | +0.98% | +2.74% | View data |
| 10 | 10 Spain | 35,010 | 2021 | -11.43% | -7.52% | View data |