Sweden: 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 Sweden

The Swedish knitted shawl and scarf market dropped to $X in 2022, which is down by -5.2% against the previous year. The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

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

In value terms, knitted shawl and scarf production soared to $X in 2022 estimated in export price. In general, production saw significant growth. The growth pace was the most rapid in 2015 with an increase of 1,334% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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

Exports from Sweden

In 2022, overseas shipments of shawls, scarves and the like of knitted or crocheted textiles increased by 40% to X units, rising for the third year in a row after seven years of decline. In general, exports, however, showed a abrupt decline. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, knitted shawl and scarf exports surged to $X in 2022. Overall, exports, however, recorded a pronounced setback. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units), Germany (X units) and Finland (X units) were the main destinations of knitted shawl and scarf exports from Sweden, together accounting for 52% of total exports. Denmark, the United States, the UK, the Netherlands, Poland, France, Austria, Switzerland and Italy lagged somewhat behind, together accounting for a further 34%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +18.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Germany ($X) and Finland ($X) constituted the largest markets for knitted shawl and scarf exported from Sweden worldwide, with a combined 52% share of total exports. Denmark, the United States, the UK, the Netherlands, Poland, France, Austria, Switzerland and Italy lagged somewhat behind, together comprising a further 34%.

In terms of the main countries of destination, the United States, with a CAGR of +30.7%, 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

The average knitted shawl and scarf export price stood at $X per unit in 2022, shrinking by -14.9% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2019 an increase of 95%. As a result, the export price attained the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($X per unit) and France ($X per unit), while the average price for exports to the UK ($X per unit) and Finland ($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 the United States (+10.7%), 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 Sweden

In 2022, supplies from abroad of shawls, scarves and the like of knitted or crocheted textiles increased by 4% to X units, rising for the second year in a row after three years of decline. Overall, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, knitted shawl and scarf imports stood at $X in 2022. In general, imports, however, saw a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest knitted shawl and scarf supplier to Sweden, with a 36% share of total imports. Moreover, knitted shawl and scarf imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), threefold. Norway (X units) ranked third in terms of total imports with an 8.3% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled -8.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+28.1% per year) and Norway (+10.2% per year).

In value terms, China ($X) constituted the largest supplier of shawls, scarves and the like of knitted or crocheted textiles to Sweden, comprising 36% of total imports. The second position in the ranking was taken by Portugal ($X), with a 12% share of total imports. It was followed by Norway, with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+26.7% per year) and Norway (+9.0% per year).

Import Prices by Country

The average knitted shawl and scarf import price stood at $X per unit in 2022, waning by -3.8% against the previous year. In general, the import price continues to indicate a mild slump. The growth pace was the most rapid in 2015 an increase of 2.4% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+4.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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