United Kingdom: Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size in the UK

In 2022, the UK non-knitted men apparel market increased by 28% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Non-Knitted Men Apparel Production in the UK

In value terms, non-knitted men apparel production declined slightly to $X in 2022 estimated in export price. In general, production faced a abrupt curtailment. The pace of growth appeared the most rapid in 2014 with an increase of 35%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from the UK

In 2022, shipments abroad of men's or boys' clothing (not knitted or crocheted) decreased by -23.1% to X units, falling for the sixth consecutive year after five years of growth. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 30%. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-knitted men apparel exports reduced to $X in 2022. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2013 when exports increased by 13% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Ireland (X units), the Netherlands (X units) and Germany (X units) were the main destinations of non-knitted men apparel exports from the UK, together comprising 41% of total exports. France, the United States, Bangladesh, Belgium, South Korea, Italy, Macao SAR, the United Arab Emirates, China and Spain lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of +197.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-knitted men apparel exported from the UK were South Korea ($X), the Netherlands ($X) and Italy ($X), with a combined 41% share of total exports. The United States, Germany, Ireland, France, China, Belgium, the United Arab Emirates, Bangladesh, Spain and Macao SAR lagged somewhat behind, together accounting for a further 36%.

Among the main countries of destination, Bangladesh, with a CAGR of +131.6%, saw 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 non-knitted men apparel export price stood at $X per unit in 2022, picking up by 21% against the previous year. In general, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 51% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Macao SAR ($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 Italy (+24.8%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into the UK

In 2022, supplies from abroad of men's or boys' clothing (not knitted or crocheted) increased by 18% to X units for the first time since 2015, thus ending a six-year declining trend. Over the period under review, imports, however, showed a noticeable decline. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, non-knitted men apparel imports surged to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Bangladesh (X units), China (X units) and Pakistan (X units) were the main suppliers of non-knitted men apparel imports to the UK, with a combined 69% share of total imports. Vietnam, Turkey, Myanmar, Sri Lanka, India and Cambodia lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Myanmar (with a CAGR of +18.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and Vietnam ($X) constituted the largest non-knitted men apparel suppliers to the UK, with a combined 51% share of total imports. Pakistan, Turkey, Myanmar, Cambodia, India and Sri Lanka lagged somewhat behind, together accounting for a further 21%.

In terms of the main suppliers, Myanmar, with a CAGR of +29.9%, 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

In 2022, the average non-knitted men apparel import price amounted to $X per unit, picking up by 5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.

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 Vietnam ($X per unit), while the price for Sri Lanka ($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 (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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