Italy: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Italy

In 2022, the Italian non-knitted men apparel market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption recorded a mild expansion. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Non-Knitted Men Apparel Production in Italy

In value terms, non-knitted men apparel production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 156% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from Italy

In 2022, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by 9.3% to X units, rising for the second year in a row after three years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 25% against the previous year. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-knitted men apparel exports rose markedly to $X in 2022. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of 12% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), France (X units) and Spain (X units) were the main destinations of non-knitted men apparel exports from Italy, with a combined 37% share of total exports. Switzerland, Albania, Greece, Poland, the UK, the United States, the Netherlands, Russia, Austria and Romania lagged somewhat behind, together comprising a further 34%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +21.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-knitted men apparel exported from Italy were Switzerland ($X), Germany ($X) and France ($X), together comprising 34% of total exports. The United States, the UK, Spain, the Netherlands, Austria, Poland, Russia, Greece, Romania and Albania lagged somewhat behind, together comprising a further 31%.

Among the main countries of destination, Poland, with a CAGR of +18.9%, saw the highest rates of growth with regard to 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

The average non-knitted men apparel export price stood at $X per unit in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 33%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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 the United States ($X per unit), while the average price for exports to Albania ($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 the United States (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Italy

In 2022, the amount of men's or boys' clothing (not knitted or crocheted) imported into Italy soared to X units, surging by 33% on the previous year's figure. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-knitted men apparel imports surged to $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bangladesh (X units), China (X units) and Spain (X units) were the main suppliers of non-knitted men apparel imports to Italy, with a combined 50% share of total imports. Pakistan, Tunisia, the Netherlands, Germany, France, Albania, Romania, Belgium, Myanmar and Turkey lagged somewhat behind, together comprising a further 37%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +39.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to Italy, comprising 23% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 9.3% share of total imports. It was followed by Romania, with a 7.5% share.

From 2012 to 2022, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+7.2% per year) and Romania (-2.1% per year).

Import Prices by Country

The average non-knitted men apparel import price stood at $X per unit in 2022, standing approx. at the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average import price increased by 8.8% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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