Italy - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
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View PricingItaly's Export of Knitted Fabrics Decreases Slightly to $1.2B in 2023
Italy Knitted Fabric Exports
After four years of growth, overseas shipments of knitted or crocheted fabrics decreased by -27.8% to 59K tons in 2023. Overall, exports showed a mild curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs at 81K tons in 2022, and then contracted remarkably in the following year.
In value terms, knitted fabric exports reduced to $1.2B (IndexBox estimates) in 2023. In general, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 29%. Over the period under review, the exports reached the maximum at $1.4B in 2014; however, from 2015 to 2023, the exports remained at a lower figure.
| COUNTRY | Export Value of Knitted Fabric in Italy (million USD) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
| Germany | 167 | 159 | 123 | 120 | 128 | 119 | 109 | 105 | 126 | 132 | 126 |
| Tunisia | 91.3 | 116 | 57.4 | 45.2 | 48.2 | 51.3 | 42.5 | 33.8 | 50.2 | 89.5 | 119 |
| Sri Lanka | 86.7 | 84.8 | 52.6 | 61.8 | 62.1 | 53.3 | 55.4 | 59.9 | 65.1 | 70.9 | 72.3 |
| Croatia | 24.0 | 27.0 | 25.9 | 19.7 | 20.2 | 22.5 | 17.5 | 14.9 | 15.6 | 57.8 | 63.6 |
| Romania | 96.6 | 104 | 77.8 | 72.4 | 77.0 | 80.7 | 73.0 | 57.2 | 67.5 | 64.7 | 60.2 |
| France | 99.6 | 98.8 | 74.9 | 71.1 | 70.3 | 63.1 | 55.8 | 51.6 | 60.5 | 66.5 | 59.6 |
| Bulgaria | 72.1 | 72.8 | 45.8 | 42.0 | 46.0 | 52.2 | 55.8 | 47.5 | 61.7 | 67.1 | 56.9 |
| United States | 49.3 | 60.5 | 62.1 | 59.4 | 60.2 | 60.9 | 57.3 | 47.6 | 68.7 | 61.5 | 49.6 |
| Others | 626 | 673 | 573 | 555 | 581 | 606 | 555 | 487 | 651 | 660 | 592 |
| Total | 1,312 | 1,396 | 1,092 | 1,047 | 1,093 | 1,110 | 1,021 | 904 | 1,166 | 1,270 | 1,198 |
Exports by Country
Germany (6.6K tons), the United States (5.2K tons) and Romania (3.2K tons) were the main destinations of knitted fabric exports from Italy, together accounting for 25% of total exports.
From 2013 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +4.8%), while the other leaders experienced a decline.
In value terms, the largest markets for knitted fabric exported from Italy were Germany ($126M), Tunisia ($119M) and Sri Lanka ($72M), with a combined 26% share of total exports. Croatia, Romania, France, Bulgaria and the United States lagged somewhat behind, together accounting for a further 24%.
In terms of the main countries of destination, Croatia, with a CAGR of +10.2%, 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.
Exports by Type
Fabrics, knitted or crocheted, of a width of > 30 cm (18K tons), knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread (17K tons) and warp knit fabrics, incl. those made on galloon knitting machines, of a width of > 30 cm (17K tons) were the main products of knitted fabric exports from Italy, with a combined 87% share of total exports.
From 2013 to 2023, the biggest increases were recorded for fabrics, knitted or crocheted, of a width of > 30 cm (with a CAGR of -0.7%), while shipments for the other products experienced a decline.
In value terms, knitted or crocheted fabrics, of a width > 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread ($482M), fabrics, knitted or crocheted, of a width of > 30 cm ($433M) and warp knit fabrics, incl. those made on galloon knitting machines, of a width of > 30 cm ($156M) constituted the most exported types of knitted or crocheted fabrics from Italy worldwide, together accounting for 89% of total exports. Knitted or crocheted pile fabrics, knitted or crocheted fabrics, of a width <= 30 cm, containing by weight >= 5% of elastomeric yarn or rubber thread and knitted or crocheted fabrics, of a width <= 30 cm lagged somewhat behind, together accounting for a further 11%.
In terms of the main product categories, knitted or crocheted fabrics, of a width <= 30 cm, with a CAGR of +2.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other products experienced a decline.
Export Prices by Country
In 2023, the knitted fabric price stood at $20,361 per ton (FOB, Italy), with an increase of 31% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Tunisia ($38,970 per ton), while the average price for exports to the United States ($9,627 per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the knitted fabric market in Italy. 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
- Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- 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 Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- 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 Of Destination, 2012–2024
