Cotton knitted jerseys and pullovers market in Spain

Earlier Report Observations

The market for cotton knitted jerseys and pullovers in Spain grew from 52.3 million units in 2018 to 56.3 million units in 2019. This increase coincided with the entry of new Spanish brands like Babaà and Victoria Prada, which emphasized local craft production and used national materials such as wool and cotton, promoting sustainability and attracting consumers interested in quality and ethics.

Market volume dropped to 48.3 million units in 2020 but recovered to 49.9 million units in 2021. The recovery in 2021 aligned with the rise of Spanish brands offering sustainable sweaters and cardigans made from 100% recycled yarn, with production processes focused on low environmental impact and local supply chains.

The market sharply expanded to 75.2 million units in 2022, a 51% increase from the previous year, reaching the highest level in the period. Factors for this year include the consolidation of local and craft production with a focus on natural and sustainable fabrics. In 2023, market volume declined to 70.7 million units, while fashion trends such as animal prints and cardigans continued to shape consumer preferences for natural fibers like wool and cashmere.

Production cotton knitted jerseys and pullovers in Spain

In value, 2017-2020, K $ US

Spain's production of cotton knitted jerseys and pullovers has declined for the second year in a row. In 2020, output was valued at 20 683 thousand US dollars, down 17.3% from 2019. Over the 2017-2020 period, production fell by 15.2%, with an average annual decline of 5.3%. The peak value was recorded in 2018 at 25 783 thousand US dollars, which also saw the largest increase of 5.8%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, K unit

Following two years of growth, Spain's production of cotton knitted jerseys and pullovers declined. In 2020, 1 927 thousand units were produced, marking a sharp 26.3% drop compared to the previous year. From 2017 to 2020, production decreased by 12.7%, with an average annual decline of 4.4%. The highest output was in 2019 at 2 616 thousand units, which also experienced the largest increase of 12.0%.

Annual dynamics of production in Spain in kind, 2017-2020, K unit

Exports cotton knitted jerseys and pullovers from Spain

Exports in kind, M unit

Spain's exports of cotton knitted jerseys and pullovers have increased for the third consecutive year. In 2020, exports reached 76.3 million units, up 2.6% year-over-year. Between 2017 and 2020, exports grew by 19.1%, translating to an average annual growth rate of 6.0%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, M unit

From 2017 to 2020, Spain's export market for cotton knitted jerseys and pullovers was diverse. France accounted for 11.4% of exports in volume, Portugal for 11.2%, and Italy for 11.0%, together making up 33.6% of total exports. Many other countries held smaller but significant shares.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Spain in kind, 2017-2020

Exports in value, M $ US

After two years of growth, Spain's exports of cotton knitted jerseys and pullovers declined. In 2020, exports were valued at 597.3 million US dollars, down 1.4% from 2019. Over the 2017-2020 period, exports increased by 14.1%, with an average annual growth rate of 4.5%. The peak value was in 2019 at 605.5 million US dollars, which also saw the largest increase of 12.5%.

Annual dynamics of product's exports from Spain in value, 2017-2020, M $ US

Between 2017 and 2020, France, Italy, and Portugal were notable buyers of Spain's cotton knitted jerseys and pullovers in value terms. France contributed 10.9% of export value, Italy 10.7%, and Portugal 10.4%, together accounting for 32.0% of total exports, indicating a diversified market.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Spain in value, 2017-2020

Imports cotton knitted jerseys and pullovers to Spain

Imports in kind, M unit

After two years of growth, Spain's imports of cotton knitted jerseys and pullovers declined. In 2020, imports totaled 122.7 million units, down 4.2% from the previous year. Over the 2017-2020 period, imports increased by 4.8%, with an average annual growth rate of 1.6%. The highest volume was in 2019 at 128.1 million units, which also recorded the largest increase of 9.1%.

Annual dynamics of product's imports to Spain in kind, 2017-2020, M unit

From 2017 to 2020, Bangladesh, Turkey, and China were the key sources for Spain's imports of cotton knitted jerseys and pullovers in volume. Bangladesh accounted for 30.2% of imports, Turkey for 15.3%, and China for 13.5%, together making up 58.9% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Spain in kind, 2017-2020

Imports in value, M $ US

Following two years of growth, Spain's imports of cotton knitted jerseys and pullovers declined. In 2020, imports were valued at 824.9 million US dollars, down 3.3% from 2019. Between 2017 and 2020, imports grew by 12.5%, with an average annual growth rate of 4.0%. The peak value was in 2019 at 852.9 million US dollars, which also saw the largest increase of 8.4%.

Annual dynamics of product's imports to Spain in value, 2017-2020, M $ US

In the 2017-2020 period, Bangladesh, Turkey, and China formed the main cluster for Spain's imports of cotton knitted jerseys and pullovers in value terms. Bangladesh contributed 21.9% of import value, Turkey 16.7%, and China 16.5%, together accounting for 55.1% of total imports.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Spain in value, 2017-2020