The 2024 forecast shows France as the leader in European exports of flat knitting machines, stitch-bonding, and warp knitting machines, with a substantial lead over other countries. France's exports grew by 99.08% in 2023. The United Kingdom and Denmark experienced declines, while the Netherlands and Spain saw significant growth with increases of 43.9% and 49.83%, respectively. Greece reported the highest growth at 130.1%. Over the past five years, the compound annual growth rate (CAGR) indicates notable fluctuations, with some countries displaying decreasing trends.
Future trends to watch for include:
- The impact of technological advancements and automation in knitting machinery, potentially boosting or disrupting traditional export markets.
- Policy changes and trade agreements that could influence market dynamics, offering either new opportunities or challenges.
- Environmental and sustainability considerations increasingly affecting production and export strategies.
Top countries in Export of Flat Knitting Machines, Stitch-Bonding Machines and Warp Knitting Machines by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 162,650 | 2023 | +10.7% | +99.08% | View data |
| 2 | 2 United Kingdom | 8,380 | 2023 | -21.27% | -17.43% | View data |
| 3 | 3 Netherlands | 3,060 | 2023 | +5.07% | +43.9% | View data |
| 4 | 4 Spain | 854 | 2023 | +21.53% | +49.83% | View data |
| 5 | 5 Italy | 851 | 2021 | +5.19% | -0.67% | View data |
| 6 | 6 Denmark | 209 | 2023 | +6.32% | -16.88% | View data |
| 7 | 7 Lithuania | 200 | 2023 | +2.9% | -19.6% | View data |
| 8 | 8 Greece | 164 | 2023 | +10.45% | +130.1% | View data |
| 9 | 9 Finland | 159 | 2023 | +23.16% | +3.4% | View data |
| 10 | 10 Romania | 128 | 2023 | +0.78% | -2.56% | View data |
