Europe: Hat And Headgear Market 2025

Hat And Headgear Market Size in Europe

The Europe hat and headgear market soared to $X in 2022, growing by 61% against the previous year. In general, consumption recorded prominent growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hat And Headgear Production in Europe

In value terms, hat and headgear production soared to $X in 2022 estimated in export price. In general, production saw a resilient expansion. The pace of growth was the most pronounced in 2020 with an increase of 542% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Hat And Headgear Exports

Exports in Europe

Hat and headgear exports skyrocketed to X units in 2022, increasing by 81% on the year before. Total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports expanded markedly to $X in 2022. Total exports indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -31.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 32%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

In 2022, Spain (X units), distantly followed by Germany (X units), Belgium (X units), Poland (X units) and Portugal (X units) were the largest exporters of hats and other headgear, together achieving 65% of total exports. The following exporters - Russia (X units), Belarus (X units), Slovenia (X units), Ukraine (X units), Lithuania (X units), Greece (X units), the Czech Republic (X units) and Bulgaria (X units) - together made up 19% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Slovenia (with a CAGR of +44.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the largest hat and headgear supplier in Europe, comprising 32% of total exports. The second position in the ranking was held by Belgium ($X), with a 14% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Germany amounted to +8.7%. In the other countries, the average annual rates were as follows: Belgium (+4.2% per year) and Poland (+15.9% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2022, waning by -40.4% against the previous year. Over the period under review, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2014 an increase of 8.9% against the previous year. The level of export peaked at $X per unit in 2021, and then reduced sharply in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Belarus ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.0%), while the other leaders experienced more modest paces of growth.

Hat And Headgear Imports

Imports in Europe

In 2022, the amount of hats and other headgear imported in Europe skyrocketed to X units, with an increase of 95% on the previous year. Overall, imports continue to indicate a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports surged to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +7.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.6% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 27%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

In 2022, Belgium (X units), distantly followed by Greece (X units), Germany (X units), the UK (X units), France (X units) and the Netherlands (X units) represented the major importers of hats and other headgear, together creating 71% of total imports. Russia (X units), Italy (X units), Poland (X units), Spain (X units) and Ukraine (X units) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Greece (with a CAGR of +44.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest hat and headgear importing markets in Europe were Germany ($X), France ($X) and the UK ($X), together comprising 38% of total imports. The Netherlands, Italy, Poland, Spain, Belgium, Russia, Greece and Ukraine lagged somewhat behind, together comprising a further 39%.

Poland, with a CAGR of +17.7%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per unit in 2022, falling by -37.4% against the previous year. In general, the import price saw a slight slump. The pace of growth was the most pronounced in 2015 when the import price increased by 15%. Over the period under review, import prices hit record highs at $X per unit in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform