Sweden: Women Knitwear Market 2024

Women Knitwear Market Size in Sweden

In 2022, the Swedish women knitwear market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in years to come.

Women Knitwear Production in Sweden

In value terms, women knitwear production soared to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt downturn. Women knitwear production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Women Knitwear Exports

Exports from Sweden

In 2022, shipments abroad of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the fourth consecutive year after three years of decline. Overall, exports recorded strong growth. The pace of growth appeared the most rapid in 2020 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, women knitwear exports totaled $X in 2022. In general, exports enjoyed strong growth. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Norway (X units), Finland (X units) and Denmark (X units) were the main destinations of women knitwear exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for women knitwear exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), together comprising X% of total exports. Germany, Poland, the Netherlands, the UK and the Czech Republic lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average women knitwear export price stood at $X per unit in 2022, dropping by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Women Knitwear Imports

Imports into Sweden

In 2022, purchases abroad of women's or girls' clothing (knitted or crocheted) increased by X% to X units, rising for the fourth consecutive year after two years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, women knitwear imports expanded markedly to $X in 2022. Overall, total imports indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Bangladesh (X units), China (X units) and Germany (X units) were the main suppliers of women knitwear imports to Sweden, together comprising X% of total imports. Turkey, Denmark, Indonesia, Myanmar, Cambodia, India, Poland and the Netherlands lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest women knitwear suppliers to Sweden were China ($X), Germany ($X) and Bangladesh ($X), with a combined X% share of total imports. Denmark, Turkey, Poland, the Netherlands, Indonesia, Cambodia, Myanmar and India lagged somewhat behind, together accounting for a further X%.

Myanmar, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average women knitwear import price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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