Report Bangladesh - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

Bangladesh - Men's or Boys' Clothing (Knitted or Crocheted) - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Men Knitwear Market 2025

Men Knitwear Market Size in Bangladesh

In 2022, the Bangladeshi men knitwear market decreased by -11.2% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed buoyant growth. Men knitwear consumption peaked at $X in 2021, and then declined in the following year.

Men Knitwear Production in Bangladesh

In value terms, men knitwear production amounted to $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of 117%. Men knitwear production peaked at $X in 2020; afterwards, it flattened through to 2022.

Men Knitwear Exports

Exports from Bangladesh

Men knitwear exports from Bangladesh skyrocketed to X units in 2022, jumping by 275% on 2021 figures. Over the period under review, exports posted significant growth. The pace of growth appeared the most rapid in 2014 with an increase of 287%. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, men knitwear exports skyrocketed to $X in 2022. Overall, exports showed prominent growth. The pace of growth appeared the most rapid in 2021 with an increase of 67% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Myanmar (X units) was the main destination for men knitwear exports from Bangladesh, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Myanmar stood at +799.9%.

In value terms, Myanmar ($X) emerged as the key foreign market for men's or boys' clothing (knitted or crocheted) exports from Bangladesh.

From 2012 to 2022, the average annual growth rate of value to Myanmar amounted to +845.2%.

Export Prices by Country

In 2022, the average men knitwear export price amounted to $X per unit, with a decrease of -68.2% against the previous year. Over the period under review, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 an increase of 177% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +5.9% per year.

Men Knitwear Imports

Imports into Bangladesh

In 2022, after two years of growth, there was significant decline in supplies from abroad of men's or boys' clothing (knitted or crocheted), when their volume decreased by -53.3% to X units. Overall, imports, however, posted a resilient increase. The growth pace was the most rapid in 2015 when imports increased by 494%. Imports peaked at X units in 2021, and then dropped notably in the following year.

In value terms, men knitwear imports fell remarkably to $X in 2022. In general, imports, however, showed a significant increase. The growth pace was the most rapid in 2016 with an increase of 519%. As a result, imports attained the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Myanmar (X units) was the main men knitwear supplier to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Myanmar amounted to +17.1%.

In value terms, Myanmar ($X) constituted the largest supplier of men's or boys' clothing (knitted or crocheted) to Bangladesh.

From 2012 to 2022, the average annual rate of growth in terms of value from Myanmar stood at +13.3%.

Import Prices by Country

The average men knitwear import price stood at $X per unit in 2022, with an increase of 80% against the previous year. Overall, the import price enjoyed a prominent expansion. The growth pace was the most rapid in 2014 when the average import price increased by 431% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Myanmar.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +11.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 42% of global consumption.
China constituted the country with the largest volume of men knitwear production, accounting for 33% of total volume. Moreover, men knitwear production in China exceeded the figures recorded by the second-largest producer, Bangladesh, fourfold. The third position in this ranking was occupied by Pakistan, with a 5.5% share.
In value terms, the United Arab Emirates constituted the largest supplier of men knitwear to Bangladesh.
In value terms, the United Arab Emirates remains the key foreign market for men knitwear exports from Bangladesh, comprising 100% of total exports. The second position in the ranking was occupied by Myanmar, with a 0.1% share of total exports.
In 2021, the average men knitwear export price amounted to $5.2 per unit, growing by 21% against the previous year.
The average men knitwear import price stood at $2.3 per unit in 2021, surging by 11% against the previous year.

This report provides an in-depth analysis of the men knitwear market in Bangladesh. 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:

  • Bangladesh

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Bangladesh
  • 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. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. 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. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

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

    The Largest Destinations for Exports

    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. 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 In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024
  12. LIST OF FIGURES

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

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