Switzerland: Men Knitwear Market 2025

Men Knitwear Market Size in Switzerland

The Swiss men knitwear market amounted to $X in 2022, with an increase of 4.1% against the previous year. In general, consumption, however, enjoyed a prominent increase. Men knitwear consumption peaked in 2022 and is likely to see gradual growth in the near future.

Men Knitwear Production in Switzerland

In value terms, men knitwear production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of 99% against the previous year. Men knitwear production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Men Knitwear Exports

Exports from Switzerland

In 2022, the amount of men's or boys' clothing (knitted or crocheted) exported from Switzerland skyrocketed to X units, jumping by 27% compared with 2021 figures. Overall, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 48%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, men knitwear exports skyrocketed to $X in 2022. Over the period under review, exports posted a resilient expansion. The growth pace was the most rapid in 2014 with an increase of 83%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Germany (X units) was the main destination for men knitwear exports from Switzerland, accounting for a 61% share of total exports. Moreover, men knitwear exports to Germany exceeded the volume sent to the second major destination, Italy (X units), sixfold. France (X units) ranked third in terms of total exports with a 6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +25.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+31.7% per year) and France (+4.9% per year).

In value terms, the largest markets for men knitwear exported from Switzerland were Germany ($X), Italy ($X) and France ($X), together accounting for 76% of total exports. China, the Netherlands, the United States, Lebanon, Poland and Austria lagged somewhat behind, together comprising a further 11%.

Lebanon, with a CAGR of +87.4%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average men knitwear export price amounted to $X per unit, reducing by -7.8% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 29% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Poland ($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 Austria (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Men Knitwear Imports

Imports into Switzerland

In 2022, after two years of growth, there was significant decline in overseas purchases of men's or boys' clothing (knitted or crocheted), when their volume decreased by -5.8% to X units. Overall, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of X units, and then contracted in the following year.

In value terms, men knitwear imports expanded significantly to $X in 2022. In general, imports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 38% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Bangladesh (X units) and Turkey (X units) were the main suppliers of men knitwear imports to Switzerland, together comprising 48% of total imports. Myanmar, Pakistan, Cambodia, Italy, Germany, Tunisia, Vietnam, Bulgaria, India and Portugal lagged somewhat behind, together comprising a further 39%.

From 2012 to 2022, the biggest increases were recorded for Myanmar (with a CAGR of +96.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Turkey ($X) were the largest men knitwear suppliers to Switzerland, with a combined 44% share of total imports. Bangladesh, Cambodia, Germany, Vietnam, Pakistan, Portugal, Bulgaria, Tunisia, India and Myanmar lagged somewhat behind, together accounting for a further 35%.

Myanmar, with a CAGR of +90.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average men knitwear import price amounted to $X per unit, surging by 14% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Italy ($X per unit), while the price for Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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