Canada - Men's Or Boys' Clothing (Knitted Or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada's Men Knitwear Price Rises to $8.8 per Unit
Canada Men Knitwear Import Price in February 2023
In February 2023, the men knitwear price amounted to $8.8 per unit (CIF, Canada), rising by 5.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 24% against the previous month. As a result, import price reached the peak level of $10,855 per thousand units. From December 2022 to February 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($19.6 per unit), while the price for Bangladesh ($4.8 per unit) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Men Knitwear in Canada (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | |
| Sri Lanka | 10.4 | 11.0 | 16.1 | 14.1 | 15.2 | 15.7 | 19.1 | 19.5 | 20.1 | 19.8 | 19.2 | 21.2 | 19.6 |
| Vietnam | 10.9 | 6.6 | 9.0 | 9.6 | 11.0 | 9.9 | 15.5 | 13.9 | 15.0 | 13.8 | 13.4 | 14.7 | 15.6 |
| Indonesia | 8.9 | 8.5 | 7.3 | 7.7 | 8.0 | 11.8 | 9.8 | 10.0 | 9.8 | 17.0 | 10.5 | 12.8 | 10.9 |
| Jordan | 9.5 | 8.0 | 6.6 | 7.9 | 9.9 | 7.0 | 10.5 | 11.8 | 10.4 | 12.5 | 9.6 | 9.2 | 9.2 |
| Pakistan | 5.8 | 6.6 | 5.2 | 5.5 | 6.0 | 7.2 | 6.4 | 5.9 | 7.2 | 6.2 | 7.6 | 9.4 | 8.2 |
| China | 8.0 | 6.5 | 8.9 | 6.8 | 7.2 | 7.3 | 8.0 | 7.0 | 7.0 | 8.5 | 8.0 | 5.8 | 8.2 |
| Cambodia | 6.4 | 6.7 | 7.1 | 7.4 | 6.9 | 8.0 | 9.5 | 9.1 | 7.5 | 9.7 | 8.6 | 5.9 | 7.4 |
| India | 6.8 | 7.9 | 7.4 | 5.5 | 5.8 | 6.8 | 8.0 | 8.9 | 8.7 | 8.7 | 10.2 | 9.3 | 6.1 |
| Honduras | 6.6 | 8.8 | 8.6 | 7.6 | 8.3 | 8.4 | 8.2 | 9.0 | 9.9 | 10.8 | 8.5 | 7.1 | 5.6 |
| Bangladesh | 5.1 | 4.7 | 5.1 | 4.5 | 5.8 | 6.3 | 6.4 | 6.9 | 7.3 | 7.3 | 6.1 | 6.4 | 4.8 |
| Average | 8.2 | 7.1 | 7.6 | 7.6 | 7.8 | 8.5 | 9.6 | 9.2 | 8.8 | 10.9 | 9.1 | 8.3 | 8.8 |
Canada Men Knitwear Imports
In February 2023, approximately 4.3M units of men's or boys' clothing (knitted or crocheted) were imported into Canada; shrinking by -7.1% against January 2023 figures. Over the period under review, total imports indicated a mild increase from February 2022 to February 2023: its volume increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, imports increased by +13.6% against December 2022 indices. The most prominent rate of growth was recorded in March 2022 with an increase of 52% m-o-m. Over the period under review, imports attained the maximum at 7.8M units in August 2022; however, from September 2022 to February 2023, imports failed to regain momentum.
In value terms, men knitwear imports contracted modestly to $38M (IndexBox estimates) in February 2023. Overall, imports, however, recorded perceptible growth. The growth pace was the most rapid in August 2022 with an increase of 58% m-o-m. As a result, imports reached the peak of $75M. From September 2022 to February 2023, the growth of imports failed to regain momentum.
Canada Men Knitwear Imports by Country
Cambodia (1M units), China (953K units) and Bangladesh (928K units) were the main suppliers of men knitwear imports to Canada, with a combined 68% share of total imports. Vietnam, Indonesia, Jordan, Pakistan, Honduras, Sri Lanka and India lagged somewhat behind, together accounting for a further 21%.
From February 2022 to February 2023, the biggest increases were in Sri Lanka (with a CAGR of +13.2%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($7.9M), Cambodia ($7.6M) and Vietnam ($4.6M) were the largest men knitwear suppliers to Canada, with a combined 53% share of total imports. These countries were followed by Bangladesh, Indonesia, Sri Lanka, Jordan, Pakistan, Honduras and India, which together accounted for a further 29%.
In terms of the main suppliers, Sri Lanka, with a CAGR of +19.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the men knitwear market in Canada. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14131110 - Men
- Prodcom 14131120 - Men
- Prodcom 14131230 - Men
- Prodcom 14131260 - Men
- Prodcom 14131270 - Men
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
