Spain: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2024

Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Spain

After two years of decline, the Spanish knitted shawl and scarf market increased by 38% to $X in 2022. Overall, the total consumption indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Knitted shawl and scarf consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Spain

In value terms, knitted shawl and scarf production shrank to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when the production volume increased by 51%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Exports from Spain

In 2022, the amount of shawls, scarves and the like of knitted or crocheted textiles exported from Spain contracted dramatically to X units, reducing by -27.7% on the previous year's figure. Overall, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 44% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, knitted shawl and scarf exports fell significantly to $X in 2022. In general, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 49% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Italy (X units) and Portugal (X units) were the main destinations of knitted shawl and scarf exports from Spain, together accounting for 38% of total exports. Macao SAR, Poland, Germany, Mexico, the United States, Hong Kong SAR, Belgium, Turkey, the UK and the Netherlands lagged somewhat behind, together accounting for a further 44%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Macao SAR (with a CAGR of +54.1%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for knitted shawl and scarf exported from Spain were France ($X), Italy ($X) and Portugal ($X), together comprising 38% of total exports. Macao SAR, Poland, Germany, Mexico, the United States, Hong Kong SAR, Belgium, Turkey, the UK and the Netherlands lagged somewhat behind, together comprising a further 44%.

Among the main countries of destination, Macao SAR, with a CAGR of +59.7%, saw the highest growth rate of 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 knitted shawl and scarf export price stood at $X per unit in 2022, surging by 5.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Mexico ($X per unit) and Poland ($X per unit), while the average price for exports to Macao SAR ($X per unit) and the UK ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Macao SAR (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles

Imports into Spain

In 2022, supplies from abroad of shawls, scarves and the like of knitted or crocheted textiles increased by 40% to X units, rising for the second consecutive year after two years of decline. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, knitted shawl and scarf imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt setback. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of knitted shawl and scarf to Spain, accounting for a 69% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. France (X units) ranked third in terms of total imports with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.9% per year) and France (+7.0% per year).

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Spain, comprising 69% of total imports. The second position in the ranking was held by Italy ($X), with a 6.3% share of total imports. It was followed by France, with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.6% per year) and France (-2.8% per year).

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, reducing by -15.6% against the previous year. In general, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 a decrease of -7.2%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($X per unit) and Italy ($X per unit), while the price for Madagascar ($X per unit) and China ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :