Norway: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in Norway

In 2022, the Norwegian non-knitted men apparel market increased by 8.5% to $X, rising for the second year in a row after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Non-knitted men apparel consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in Norway

In value terms, non-knitted men apparel production stood at $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 2.8%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Non-Knitted Men Apparel Exports

Exports from Norway

In 2022, after two years of growth, there was significant decline in overseas shipments of men's or boys' clothing (not knitted or crocheted), when their volume decreased by -8.6% to X units. Overall, exports, however, continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2020 with an increase of 62%. The exports peaked at X units in 2021, and then declined in the following year.

In value terms, non-knitted men apparel exports fell to $X in 2022. Over the period under review, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 191%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Sweden (X units) was the main destination for non-knitted men apparel exports from Norway, accounting for a 73% share of total exports. Moreover, non-knitted men apparel exports to Sweden exceeded the volume sent to the second major destination, Ukraine (X units), more than tenfold. Germany (X units) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+86.5% per year) and Germany (+3.3% per year).

In value terms, Sweden ($X) remains the key foreign market for men's or boys' clothing (not knitted or crocheted) exports from Norway, comprising 77% of total exports. The second position in the ranking was taken by Ukraine ($X), with a 3.1% share of total exports. It was followed by Denmark, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ukraine (+82.4% per year) and Denmark (+1.8% per year).

Export Prices by Country

In 2022, the average non-knitted men apparel export price amounted to $X per unit, shrinking by -2.6% against the previous year. Overall, the export price, however, recorded temperate growth. The most prominent rate of growth was recorded in 2020 an increase of 80%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Spain ($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 Sweden (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Norway

In 2022, overseas purchases of men's or boys' clothing (not knitted or crocheted) increased by 20% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations 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 rose sharply to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 17%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Bangladesh (X units) and Turkey (X units) were the main suppliers of non-knitted men apparel imports to Norway, with a combined 64% share of total imports. Pakistan, Myanmar, Vietnam and India lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of +97.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to Norway, comprising 31% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 13% share of total imports. It was followed by Turkey, with an 11% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+7.9% per year) and Turkey (+3.0% per year).

Import Prices by Country

The average non-knitted men apparel import price stood at $X per unit in 2022, waning by -11.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 11%. As a result, import price attained the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of origin: 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 Bangladesh (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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