U.S.: Women Knitwear Market 2025

Women Knitwear Market Size in the U.S.

In 2022, the U.S. women knitwear market increased by 8.1% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.

Women Knitwear Exports

Exports from the U.S.

In 2022, shipments abroad of women's or girls' clothing (knitted or crocheted) increased by 11% to X units, rising for the fifth consecutive year after three years of decline. The total export volume increased at an average annual rate of +3.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by 30%. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, women knitwear exports soared to $X in 2022. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X units), Canada (X units) and China (X units) were the main destinations of women knitwear exports from the United States, together comprising 64% of total exports. The UK, Germany, Australia, Italy, Panama, France, Costa Rica, Guatemala, Belgium and Hong Kong SAR lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Guatemala (with a CAGR of +40.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for women knitwear exported from the United States were Canada ($X), Mexico ($X) and the UK ($X), together comprising 71% of total exports. China, Italy, Australia, Germany, Hong Kong SAR, France, Panama, Belgium, Costa Rica and Guatemala lagged somewhat behind, together accounting for a further 17%.

Guatemala, with a CAGR of +15.5%, saw the highest rates of growth with regard to the value of exports, among 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

The average women knitwear export price stood at $X per unit in 2022, rising by 13% against the previous year. In general, the export price, however, saw a noticeable slump. The most prominent rate of growth was recorded in 2017 an increase of 20%. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per unit), while the average price for exports to Guatemala ($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 Hong Kong SAR (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Women Knitwear Imports

Imports into the U.S.

In 2022, approx. X units of women's or girls' clothing (knitted or crocheted) were imported into the United States; falling by -5.3% compared with the previous year. The total import volume 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 in certain years. The growth pace was the most rapid in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of X units, and then shrank in the following year.

In value terms, women knitwear imports rose notably to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 36%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

China (X units), Vietnam (X units) and Indonesia (X units) were the main suppliers of women knitwear imports to the United States, with a combined 64% share of total imports. Cambodia, Bangladesh, Jordan, India, Egypt, Mexico, Sri Lanka, El Salvador and the Philippines lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Jordan (with a CAGR of +12.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Vietnam ($X), China ($X) and Indonesia ($X) were the largest women knitwear suppliers to the United States, together comprising 60% of total imports. Cambodia, Jordan, Bangladesh, India, Sri Lanka, Egypt, the Philippines, El Salvador and Mexico lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Jordan, with a CAGR of +12.9%, saw the highest growth rate of 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 women knitwear import price stood at $X per unit in 2022, jumping by 17% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 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 the Philippines ($X per unit), while the price for Mexico ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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