Ireland: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Ireland

The Irish knitted shawl and scarf market shrank modestly to $X in 2022, waning by -4.5% against the previous year. Overall, consumption, however, enjoyed strong growth. Knitted shawl and scarf consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Ireland

In value terms, knitted shawl and scarf production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate prominent growth. The pace of growth appeared the most rapid in 2018 with an increase of 106% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Ireland

In 2022, overseas shipments of shawls, scarves and the like of knitted or crocheted textiles increased by 64% to X units, rising for the second consecutive year after four years of decline. In general, exports, however, faced a deep contraction. The growth pace was the most rapid in 2021 when exports increased by 105%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, knitted shawl and scarf exports declined modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when exports increased by 56%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units) was the main destination for knitted shawl and scarf exports from Ireland, with a 53% share of total exports. Moreover, knitted shawl and scarf exports to the UK exceeded the volume sent to the second major destination, the United States (X units), threefold. The third position in this ranking was taken by France (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK stood at -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-17.8% per year) and France (+44.4% per year).

It was followed by France, with a 13% share.

From 2012 to 2022, the average annual growth rate of value to the UK stood at -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (-15.2% per year) and France (+48.9% per year).

Export Prices by Country

In 2022, the average knitted shawl and scarf export price amounted to $X per unit, reducing by -41.7% against the previous year. Over the period under review, the export price, however, enjoyed a modest increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 92% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($X per unit) and Canada ($X per unit), while the average price for exports to Macao SAR ($X per unit) and Switzerland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Ireland

Knitted shawl and scarf imports into Ireland totaled X units in 2022, leveling off at 2021. In general, imports recorded a slight shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, knitted shawl and scarf imports amounted to $X in 2022. Overall, imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of knitted shawl and scarf to Ireland, accounting for a 62% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fivefold. Turkey (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.4% per year) and Turkey (+1.9% per year).

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Ireland, comprising 58% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports. It was followed by Turkey, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled -3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-8.1% per year) and Turkey (-0.9% per year).

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the import price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 5.6%. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per unit) and Germany ($X per unit), while the price for China ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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