Portugal: Sportswear Market 2025

Sportswear Market Size in Portugal

The Portuguese sportswear market reduced rapidly to $X in 2021, shrinking by -73.1% against the previous year. Overall, consumption faced a deep downturn. Sportswear consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sportswear Production in Portugal

In value terms, sportswear production contracted to $X in 2021 estimated in export price. In general, production, however, showed a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 49%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Sportswear Exports

Exports from Portugal

In 2021, approx. X units of track suits, ski suits and swimwear were exported from Portugal; increasing by 55% against the previous year. Over the period under review, exports, however, continue to indicate a slight slump. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, sportswear exports skyrocketed to $X in 2021. In general, total exports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Spain (X units) was the main destination for sportswear exports from Portugal, with a 33% share of total exports. Moreover, sportswear exports to Spain exceeded the volume sent to the second major destination, France (X units), threefold. Italy (X units) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain stood at -8.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-0.7% per year) and Italy (+4.8% per year).

In value terms, France ($X), the United States ($X) and Spain ($X) constituted the largest markets for sportswear exported from Portugal worldwide, with a combined 49% share of total exports. These countries were followed by the Netherlands, Italy, the UK, Sweden, Germany, Denmark, the United Arab Emirates, Belgium, Luxembourg and Ireland, which together accounted for a further 46%.

In terms of the main countries of destination, Luxembourg, with a CAGR of +87.5%, recorded 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

In 2021, the average sportswear export price amounted to $X per unit, falling by -3.8% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sportswear export price decreased by -12.9% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average export price increased by 38% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.

Sportswear Imports

Imports into Portugal

In 2021, imports of track suits, ski suits and swimwear into Portugal expanded slightly to X units, rising by 3.2% compared with the previous year. In general, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 25% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sportswear imports expanded to $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 14% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), France (X units) and China (X units) were the main suppliers of sportswear imports to Portugal, together comprising 57% of total imports. Pakistan, Germany, Bangladesh, Belgium, Croatia, Italy, India, the Netherlands, Brazil and Ireland lagged somewhat behind, together accounting for a further 40%.

From 2012 to 2021, the biggest increases were recorded for Pakistan (with a CAGR of +121.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sportswear suppliers to Portugal were Spain ($X), France ($X) and Croatia ($X), together accounting for 56% of total imports. These countries were followed by Italy, Germany, China, Brazil, Belgium, Pakistan, the Netherlands, Bangladesh, India and Ireland, which together accounted for a further 39%.

Among the main suppliers, Pakistan, with a CAGR of +102.6%, saw the highest rates of growth with regard to 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

In 2021, the average sportswear import price amounted to $X per unit, approximately equating the previous year. In general, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sportswear import price increased by +30.1% against 2019 indices. The growth pace was the most rapid in 2020 when the average import price increased by 29% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Croatia ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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