Ireland: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Ireland

The Irish non-knitted men apparel market fell sharply to $X in 2022, with a decrease of -24.2% against the previous year. Overall, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +50.1% against 2018 indices. As a result, consumption reached the peak level of $X, and then declined sharply in the following year.

Non-Knitted Men Apparel Production in Ireland

In value terms, non-knitted men apparel production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 35% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from Ireland

In 2022, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by 2.7% to X units, rising for the second year in a row after two years of decline. In general, exports, however, showed a perceptible contraction. The growth pace was the most rapid in 2021 when exports increased by 66% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, non-knitted men apparel exports stood at $X in 2022. Overall, exports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for non-knitted men apparel exports from Ireland, with a 60% share of total exports. Moreover, non-knitted men apparel exports to the UK exceeded the volume sent to the second major destination, Spain (X units), fourfold. The third position in this ranking was held by Germany (X units), with a 4.9% share.

From 2012 to 2022, the average annual growth rate of volume to the UK stood at +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-1.0% per year) and Germany (-19.8% per year).

In value terms, the UK ($X) emerged as the key foreign market for men's or boys' clothing (not knitted or crocheted) exports from Ireland, comprising 68% of total exports. The second position in the ranking was taken by Spain ($X), with an 8% share of total exports. It was followed by the Netherlands, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK stood at +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-6.0% per year) and the Netherlands (-6.6% per year).

Export Prices by Country

In 2022, the average non-knitted men apparel export price amounted to $X per unit, rising by 8.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 40%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per unit), while the average price for exports to Spain ($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 Poland (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Ireland

In 2022, non-knitted men apparel imports into Ireland contracted dramatically to X units, which is down by -43.2% on 2021 figures. Over the period under review, imports, however, recorded a noticeable increase. The pace of growth was the most pronounced in 2021 with an increase of 150%. As a result, imports reached the peak of X units, and then declined significantly in the following year.

In value terms, non-knitted men apparel imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 29%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Bangladesh (X units) constituted the largest non-knitted men apparel supplier to Ireland, accounting for a 32% share of total imports. Moreover, non-knitted men apparel imports from Bangladesh exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Pakistan (X units) ranked third in terms of total imports with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bangladesh amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+0.8% per year) and Pakistan (+5.7% per year).

In value terms, China ($X), Bangladesh ($X) and the UK ($X) were the largest non-knitted men apparel suppliers to Ireland, together comprising 48% of total imports. Turkey, Vietnam, Pakistan, Spain, Myanmar, the Netherlands, Cambodia, Germany and India lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Myanmar, with a CAGR of +41.1%, 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

The average non-knitted men apparel import price stood at $X per unit in 2022, increasing by 113% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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