Global Non-Knitted Men Apparel Market 2024

Non-Knitted Men Apparel Market Size

The global non-knitted men apparel market fell to $X in 2022, approximately reflecting the previous year. The market value increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the global market failed to regain momentum.

Non-Knitted Men Apparel Production

In value terms, non-knitted men apparel production shrank to $X in 2022 estimated in export price. Overall, the total production indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 +4.0% against 2020 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 24% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth remained at a somewhat lower figure.

Non-Knitted Men Apparel Exports

Exports

In 2022, global exports of men's or boys' clothing (not knitted or crocheted) skyrocketed to X units, growing by 24% against 2021. The total export volume increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 when exports increased by 34%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the global exports remained at a somewhat lower figure.

In value terms, non-knitted men apparel exports stood at $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. The global exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

China (X units), Vietnam (X units) and Bangladesh (X units) represented roughly 65% of total exports in 2022. Turkey (X units), Pakistan (X units), India (X units), Germany (X units), Mexico (X units), Myanmar (X units) and the Netherlands (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 leading exporting countries, was attained by Myanmar (with a CAGR of +26.4%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Bangladesh ($X) and Vietnam ($X) constituted the countries with the highest levels of exports in 2022, with a combined 43% share of global exports. Germany, the Netherlands, Turkey, Pakistan, Mexico, India and Myanmar lagged somewhat behind, together accounting for a further 22%.

Among the main exporting countries, Myanmar, with a CAGR of +16.7%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global 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, declining by -15% against the previous year. Overall, the export price saw a mild downturn. The growth pace was the most rapid in 2016 an increase of 26%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while Vietnam ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+4.6%), while the other global leaders experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports

In 2022, approx. X units of men's or boys' clothing (not knitted or crocheted) were imported worldwide; surging by 5.1% against the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 13% against the previous year. Over the period under review, global imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, non-knitted men apparel imports expanded sharply to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 13% against the previous year. Global imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) was the largest importer of men's or boys' clothing (not knitted or crocheted), committing 24% of total imports. Germany (X units) ranks second in terms of the total imports with an 8.9% share, followed by France (5.1%), Spain (4.7%) and the UK (4.6%). The following importers - the Netherlands (X units), Italy (X units), Japan (X units), Poland (X units), Canada (X units), South Korea (X units), Australia (X units) and Denmark (X units) - together made up 23% of total imports.

From 2012 to 2022, average annual rates of growth with regard to non-knitted men apparel imports into the United States stood at -1.2%. At the same time, Poland (+10.9%), the Netherlands (+8.5%), South Korea (+6.8%), Spain (+6.6%), Denmark (+6.4%), Germany (+3.7%), Italy (+2.9%), Canada (+2.2%), France (+2.2%) and Australia (+1.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer imported in the world, with a CAGR of +10.9% from 2012-2022. By contrast, the UK (-3.0%) and Japan (-3.7%) illustrated a downward trend over the same period. Germany (+2.4 p.p.), the Netherlands (+2.2 p.p.), Spain (+2.1 p.p.) and Poland (+1.5 p.p.) significantly strengthened its position in terms of the global imports, while the UK, Japan and the United States saw its share reduced by -1.9%, -2.1% and -4.6% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2022, together comprising 32% of global imports. Japan, Italy, the Netherlands, the UK, Spain, South Korea, Canada, Poland, Denmark and Australia lagged somewhat behind, together accounting for a further 38%.

Poland, with a CAGR of +10.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global 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, with an increase of 2.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 3.8% against the previous year. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Korea ($X per unit), while the United States ($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 (+2.5%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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