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World - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Feb 1, 2025

World - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Apr 1, 2024

World's Best Import Markets for Knitted Fabric in 2023

Knitted fabric is a versatile and widely used material in the textile industry, known for its stretch and comfort. The global market for knitted fabric imports is a lucrative one, with several countries standing out as major players in this industry. According to data from the IndexBox market intelligence platform, the world's top 10 countries by import value of knitted fabric in 2023 are as follows:

1. Vietnam - $6.1 Billion USD

Vietnam is the leading importer of knitted fabric in the world, with an import value of $6.1 billion USD in 2023. The country's textile industry has been experiencing rapid growth in recent years, driven by a combination of factors such as skilled labor, competitive wages, and favorable trade agreements.

2. Cambodia - $2.4 Billion USD

With an import value of $2.4 billion USD in 2023, Cambodia is the second largest importer of knitted fabric globally. The country's textile and garment industry is a key driver of its economy, providing jobs to millions of workers and contributing significantly to GDP.

3. Indonesia - $1.9 Billion USD

Indonesia ranks third in the world in terms of knitted fabric imports, with a value of $1.9 billion USD in 2023. The country's textile industry is known for its diverse range of products, from traditional batik prints to modern knitwear.

4. Bangladesh - $1.8 Billion USD

As one of the largest garment exporters in the world, Bangladesh also imports a significant amount of knitted fabric, with an import value of $1.8 billion USD in 2023. The country's textile industry plays a crucial role in its economic development, employing millions of workers and generating substantial export revenue.

5. Sri Lanka - $946.1 Million USD

Sri Lanka is a major player in the global textile industry, with an import value of $946.1 million USD in knitted fabric in 2023. The country is known for its high-quality apparel products and has a strong reputation for ethical manufacturing practices.

6. Myanmar - $851.6 Million USD

Myanmar's textile industry has been growing rapidly in recent years, with an import value of $851.6 million USD in knitted fabric in 2023. The country's strategic location and low labor costs make it an attractive destination for textile manufacturers.

7. United States - $844.9 Million USD

The United States is one of the largest consumers of knitted fabric in the world, with an import value of $844.9 million USD in 2023. The country's textile and apparel industry is highly diverse, with a wide range of products catering to different market segments.

8. India - $710.1 Million USD

India is a major player in the global textile industry, with an import value of $710.1 million USD in knitted fabric in 2023. The country's textile sector is known for its rich heritage and craftsmanship, with a wide variety of traditional and modern textile products.

9. Morocco - $704.6 Million USD

Morocco's textile industry is a key driver of the country's economy, with an import value of $704.6 million USD in knitted fabric in 2023. The country's textile exports have been growing steadily in recent years, driven by a combination of factors such as skilled labor and favorable trade agreements.

10. China - $676.0 Million USD

China is one of the largest textile producers in the world, with an import value of $676.0 million USD in knitted fabric in 2023. The country's textile industry is known for its scale and efficiency, with a vast network of manufacturers producing a wide range of products for both domestic and international markets.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global knitted fabric market. 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:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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