Sweden: Knitted Fabric Market 2025

Knitted Fabric Market Size in Sweden

In 2021, the Swedish knitted fabric market was finally on the rise to reach $X after three years of decline. Over the period under review, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Knitted fabric consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Knitted Fabric Production in Sweden

In value terms, knitted fabric production skyrocketed to $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 53%. Knitted fabric production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Knitted Fabric Exports

Exports from Sweden

After three years of decline, overseas shipments of knitted or crocheted fabrics increased by 15% to X tons in 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 16% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, knitted fabric exports soared to $X in 2021. The total export value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons) was the main destination for knitted fabric exports from Sweden, with a 33% share of total exports. Moreover, knitted fabric exports to the Netherlands exceeded the volume sent to the second major destination, Norway (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands totaled -1.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-5.5% per year) and the United States (+13.4% per year).

In value terms, the Netherlands ($X) remains the key foreign market for knitted or crocheted fabrics exports from Sweden, comprising 44% of total exports. The second position in the ranking was held by the United States ($X), with a 12% share of total exports. It was followed by Norway, with a 5.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the Netherlands stood at +2.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+14.5% per year) and Norway (-2.7% per year).

Export Prices by Country

In 2021, the average knitted fabric export price amounted to $X per ton, jumping by 17% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2013 an increase of 18% against the previous year. The export price peaked in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Knitted Fabric Imports

Imports into Sweden

In 2021, knitted fabric imports into Sweden amounted to X tons, picking up by 3.4% on 2020. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 12% against the previous year. Over the period under review, imports attained the maximum at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, knitted fabric imports expanded notably to $X in 2021. Overall, imports, however, continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2014 with an increase of 17%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons), Italy (X tons) and Germany (X tons) were the main suppliers of knitted fabric imports to Sweden, together comprising 42% of total imports. Hungary, Lithuania, the Czech Republic, China, Turkey, the UK, the Netherlands, Denmark, Belgium and Finland lagged somewhat behind, together accounting for a further 54%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +45.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and Poland ($X) constituted the largest knitted fabric suppliers to Sweden, with a combined 44% share of total imports. These countries were followed by Turkey, China, the Netherlands, the UK, Hungary, Denmark, Belgium, Lithuania, the Czech Republic and Finland, which together accounted for a further 47%.

Among the main suppliers, the Czech Republic, with a CAGR of +24.2%, recorded 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

The average knitted fabric import price stood at $X per ton in 2021, surging by 6.3% against the previous year. Overall, the import price, however, saw a slight decline. The pace of growth appeared the most rapid in 2017 an increase of 12% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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