Poland: Men Knitwear Market 2024

Men Knitwear Market Size in Poland

For the eleventh year in a row, the Polish men knitwear market recorded growth in sales value, which increased by 33% to $X in 2022. Overall, consumption posted a significant expansion. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in years to come.

Men Knitwear Production in Poland

In value terms, men knitwear production fell notably to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 44%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Men Knitwear Exports

Exports from Poland

Men knitwear exports from Poland surged to X units in 2022, growing by 20% compared with 2021. In general, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2013 with an increase of 62%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, men knitwear exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 81% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units), the Czech Republic (X units) and Romania (X units) were the main destinations of men knitwear exports from Poland, together comprising 45% of total exports. Lithuania, Slovakia, Hungary, Ukraine, Latvia, the Netherlands, France, Croatia, Bulgaria and Estonia lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Croatia (with a CAGR of +91.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for men's or boys' clothing (knitted or crocheted) exports from Poland, comprising 31% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with an 8.8% share of total exports. It was followed by Romania, with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+45.7% per year) and Romania (+52.8% per year).

Export Prices by Country

In 2022, the average men knitwear export price amounted to $X per unit, falling by -3.5% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 31%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 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 Germany ($X per unit), while the average price for exports to Estonia ($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 Romania (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports

Imports into Poland

In 2022, approx. X units of men's or boys' clothing (knitted or crocheted) were imported into Poland; growing by 29% against the previous year. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, men knitwear imports surged to $X in 2022. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 63%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Bangladesh (X units) constituted the largest supplier of men knitwear to Poland, accounting for a 46% share of total imports. Moreover, men knitwear imports from Bangladesh exceeded the figures recorded by the second-largest supplier, China (X units), fourfold. The third position in this ranking was held by India (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Bangladesh amounted to +49.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.5% per year) and India (+41.7% per year).

In value terms, the largest men knitwear suppliers to Poland were Bangladesh ($X), China ($X) and Pakistan ($X), with a combined 56% share of total imports. Cambodia, India, Turkey, Myanmar and Germany lagged somewhat behind, together accounting for a further 28%.

In terms of the main suppliers, Myanmar, with a CAGR of +139.8%, 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 men knitwear import price stood at $X per unit in 2022, leveling off at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 24%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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