Global Men Knitwear Market 2025

Men Knitwear Market Size

The global men knitwear market expanded markedly to $X in 2022, surging by 6.9% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +1.1% against 2019 indices. Over the period under review, the global market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Men Knitwear Production

In value terms, men knitwear production shrank slightly to $X in 2022 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +4.1% against 2020 indices. The pace of growth was the most pronounced in 2019 with an increase of 32% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a lower figure.

Men Knitwear Exports

Exports

In 2022, approx. X units of men's or boys' clothing (knitted or crocheted) were exported worldwide; jumping by 28% compared with the previous year's figure. Overall, exports saw a pronounced expansion. The growth pace was the most rapid in 2019 when exports increased by 44%. Over the period under review, the global exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, men knitwear exports expanded rapidly to $X in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 38% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

China (X units) and Bangladesh (X units) were the main exporters of men's or boys' clothing (knitted or crocheted) in 2022, recording approx. 36% and 31% of total exports, respectively. It was distantly followed by Vietnam (X units), constituting a 6% share of total exports. Pakistan (X units), Turkey (X units), India (X units) and Cambodia (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Bangladesh (with a CAGR of +46.2%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest men knitwear supplier worldwide, comprising 32% of global exports. The second position in the ranking was held by Bangladesh ($X), with a 10% share of global exports. It was followed by Vietnam, with an 8.8% share.

In China, men knitwear exports plunged by an average annual rate of -4.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Bangladesh (+19.3% per year) and Vietnam (+17.0% per year).

Export Prices by Country

In 2022, the average men knitwear export price amounted to $X per unit, shrinking by -16% against the previous year. Overall, the export price continues to indicate a mild reduction. The pace of growth appeared the most rapid in 2016 an increase of 28% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Cambodia ($X per unit), while Bangladesh ($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 (+1.5%), while the other global leaders experienced mixed trends in the export price figures.

Men Knitwear Imports

Imports

In 2022, the amount of men's or boys' clothing (knitted or crocheted) imported worldwide rose notably to X units, growing by 6.8% compared with 2021 figures. Overall, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 28% against the previous year. Over the period under review, global imports attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, men knitwear imports rose significantly to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 33%. Over the period under review, global imports attained the peak figure in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, the United States (X units) was the key importer of men's or boys' clothing (knitted or crocheted), mixing up 32% of total imports. The UK (X units), Spain (X units), Germany (X units), Italy (X units), the United Arab Emirates (X units), Poland (X units), Japan (X units), Malaysia (X units), Canada (X units), France (X units), the Netherlands (X units) and Myanmar (X units) followed a long way behind the leaders.

Imports into the United States increased at an average annual rate of +7.6% from 2012 to 2022. At the same time, Myanmar (+82.3%), Malaysia (+33.1%), Poland (+27.9%), Germany (+26.6%), Italy (+14.0%), the Netherlands (+12.9%), Spain (+12.5%), France (+10.0%), Canada (+9.6%), the UK (+6.3%) and Japan (+4.6%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest-growing importer imported in the world, with a CAGR of +82.3% from 2012-2022. By contrast, the United Arab Emirates (-4.4%) illustrated a downward trend over the same period. The United States (+3.1 p.p.), Germany (+2.7 p.p.), Malaysia (+2.5 p.p.), Poland (+2.4 p.p.), Myanmar (+2 p.p.) and Italy (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while the United Arab Emirates saw its share reduced by -6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported men's or boys' clothing (knitted or crocheted) worldwide, comprising 25% of global imports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of global imports. It was followed by the UK, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States amounted to +7.3%. In the other countries, the average annual rates were as follows: Germany (+11.7% per year) and the UK (+8.4% per year).

Import Prices by Country

In 2022, the average men knitwear import price amounted to $X per unit, picking up by 5.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Global import price peaked 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 importing countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while Myanmar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.9%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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