Portugal: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in Portugal

The Portuguese knitted ski-suit market dropped markedly to $X in 2022, declining by -76% against the previous year. Overall, consumption recorded a abrupt setback. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Knitted Ski-Suit Production in Portugal

In value terms, knitted ski-suit production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a pronounced setback. The most prominent rate of growth was recorded in 2013 with an increase of 97% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Knitted Ski-Suit Exports

Exports from Portugal

In 2022, the amount of ski-suits of knitted or crocheted textiles exported from Portugal skyrocketed to X units, rising by 49% compared with 2021. Over the period under review, exports, however, showed a mild decline. The growth pace was the most rapid in 2020 when exports increased by 135%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, knitted ski-suit exports shrank to $X in 2022. Overall, exports, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2017 when exports increased by 101% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for knitted ski-suit exports from Portugal, accounting for a 73% share of total exports. Moreover, knitted ski-suit exports to Spain exceeded the volume sent to the second major destination, France (X units), more than tenfold. Sweden (X units) ranked third in terms of total exports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.4% per year) and Sweden (+5.4% per year).

In value terms, Spain ($X) emerged as the key foreign market for ski-suits of knitted or crocheted textiles exports from Portugal, comprising 57% of total exports. The second position in the ranking was taken by Sweden ($X), with a 10% share of total exports. It was followed by the United States, with a 6.8% share.

From 2012 to 2022, the average annual growth rate of value to Spain stood at +8.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+8.6% per year) and the United States (-1.7% per year).

Export Prices by Country

In 2022, the average knitted ski-suit export price amounted to $X per unit, which is down by -36.5% against the previous year. In general, the export price continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 an increase of 86% against the previous year. As a result, the export price reached the peak level of $X per unit, and then declined notably in the following year.

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

Knitted Ski-Suit Imports

Imports into Portugal

After three years of decline, overseas purchases of ski-suits of knitted or crocheted textiles increased by 106% to X units in 2022. Overall, imports showed a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 759%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, knitted ski-suit imports soared to $X in 2022. In general, imports recorded a prominent expansion. The growth pace was the most rapid in 2018 when imports increased by 564%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Brazil (X units), China (X units) and Spain (X units) were the main suppliers of knitted ski-suit imports to Portugal, together comprising 84% of total imports. Canada, Pakistan and France lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +217.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), China ($X) and Spain ($X) appeared to be the largest knitted ski-suit suppliers to Portugal, together accounting for 84% of total imports. These countries were followed by Canada, Pakistan and France, which together accounted for a further 9.4%.

Among the main suppliers, Pakistan, with a CAGR of +250.4%, 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 knitted ski-suit import price stood at $X per unit in 2022, growing by 19% against the previous year. Over the period under review, the import price saw modest growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 80%. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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