Netherlands: Men Knitwear Market 2024

Men Knitwear Market Size in the Netherlands

The Dutch men knitwear market surged to $X in 2022, increasing by 86% against the previous year. Over the period under review, consumption continues to indicate a buoyant increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Men Knitwear Production in the Netherlands

In value terms, men knitwear production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 128%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Men Knitwear Exports

Exports from the Netherlands

In 2022, overseas shipments of men's or boys' clothing (knitted or crocheted) decreased by -18% to X units for the first time since 2011, thus ending a ten-year rising trend. In general, exports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 56% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted markedly in the following year.

In value terms, men knitwear exports stood at $X in 2022. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by 43% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units), Belgium (X units) and France (X units) were the main destinations of men knitwear exports from the Netherlands, with a combined 54% share of total exports. Italy, Poland, Spain, Austria, the Czech Republic, Sweden, the UK, Greece and Turkey lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +41.8%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Italy ($X) appeared to be the largest markets for men knitwear exported from the Netherlands worldwide, together accounting for 46% of total exports. Belgium, Spain, Poland, the UK, Turkey, Austria, Sweden, the Czech Republic and Greece lagged somewhat behind, together comprising a further 36%.

In terms of the main countries of destination, Turkey, with a CAGR of +48.7%, saw 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

In 2022, the average men knitwear export price amounted to $X per unit, picking up by 25% against the previous year. Over the period under review, the export price, however, recorded a noticeable contraction. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Turkey ($X per unit), while the average price for exports to Belgium ($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 Turkey (+4.9%), while the prices for the other major destinations experienced a decline.

Men Knitwear Imports

Imports into the Netherlands

In 2022, supplies from abroad of men's or boys' clothing (knitted or crocheted) increased by 19% to X units, rising for the second consecutive year after two years of decline. Over the period under review, imports showed a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, men knitwear imports soared to $X in 2022. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 37%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X units), Bangladesh (X units) and Germany (X units) were the main suppliers of men knitwear imports to the Netherlands, with a combined 43% share of total imports. Belgium, Turkey, Myanmar, Pakistan, Vietnam, Poland, Cambodia, India, the Philippines and Malaysia lagged somewhat behind, together comprising a further 41%.

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 +46.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest men knitwear suppliers to the Netherlands were Belgium ($X), China ($X) and Germany ($X), with a combined 45% share of total imports. Bangladesh, Turkey, Vietnam, Poland, Cambodia, Pakistan, India, Myanmar, Malaysia and the Philippines lagged somewhat behind, together comprising a further 33%.

Among the main suppliers, Poland, with a CAGR of +31.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average men knitwear import price amounted to $X per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The growth pace was the most rapid in 2019 when the average import price increased by 10%. Over the period under review, average import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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