Knitted or crocheted pile fabrics market in Portugal

Earlier Report Observations

The Portuguese knitted or crocheted pile fabrics market expanded significantly from 2018 to 2019, with volume rising from 3 056 t to 6 161 t and value from 13.7 million USD to 33.6 million USD. This surge was supported by established producers like A. Sampaio & Filhos, which led in circular knit production and innovation, and Barbosa & Cardoso with its high-capacity weaving operations. The following year saw the entry of new dynamic players such as LOGIK LDA, diversifying the supply of fancy yarns, while MALHINHAS broadened the product range by launching outerwear knit lines for men, women, and children.

The COVID-19 pandemic in 2020 disrupted global supply chains, affecting fabric availability and logistics in Portugal. Concurrently, the founding of Texland facilitated online fabric sales, improving market access. In 2021 and 2022, growing adoption of sustainable and deadstock fabrics by companies like Olive's Tecidos, coupled with consumer shift towards comfortable, elastic knits, sustained demand. Innovation focused on technical textiles with antimicrobial properties and moisture control for athleisure and corporate uniforms, alongside increased emphasis on organic cotton certification and traceability to meet European regulations.

By 2023, market volume reached 8 448 t, a 37% increase over 2019, while value rose to 51.8 million USD. Production volume grew to 6 668 t, indicating continued market expansion despite the absence of specific reported driving events for that year in the sources.

Production knitted or crocheted pile fabrics in Portugal

In value, 2018-2021, K $ US

In 2019, Portugal's output of knitted or crocheted pile fabrics was valued at 38 464 thousand US dollars, marking a significant increase of 114.6% compared to the previous year.

Annual dynamics of production in Portugal in value, 2018-2021, K $ US

In kind, 2018-2021, t

Portugal produced 5 589 tonnes of knitted or crocheted pile fabrics in 2019, which represents a substantial rise of 145.2% over 2018.

Annual dynamics of production in Portugal in kind, 2018-2021, t

Exports knitted or crocheted pile fabrics from Portugal

Exports in kind, t

Exports of knitted or crocheted pile fabrics from Portugal declined for the third consecutive year. In 2021, exports amounted to 1 244 tonnes, showing a moderate decrease of 3.3% compared to 2020. From 2018 to 2021, exports fell by 49.1%, equating to an annualized rate of 20.1%.

Annual dynamics of product's exports from Portugal in kind, 2018-2021, t

From 2018 to 2021, Germany, France, and Spain were the core destinations for Portugal's exports of knitted or crocheted pile fabrics in volume terms. Germany accounted for 24.6% of exports, France for 23.4%, and Spain for 22.4%, together making up 70.3% of total export flows.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Portugal in kind, 2018-2021

Exports in value, K $ US

After a two-year decline, exports of knitted or crocheted pile fabrics from Portugal increased in value. In 2021, exports reached 14 788 thousand US dollars, reflecting a gradual rise of 4.5% compared to the prior year. Over the period from 2018 to 2021, exports decreased by 36.4%, with a compound annual growth rate of -14.0%. The lowest value was recorded in 2020 at 14 146 thousand US dollars, and the largest decline occurred in 2020 with a drop of 27.9%.

Annual dynamics of product's exports from Portugal in value, 2018-2021, K $ US

From 2018 to 2021, France, Germany, and Spain were the primary buyers of knitted or crocheted pile fabrics from Portugal in value terms. France accounted for 23.4% of exports, Germany for 22.4%, and Spain for 18.9%, jointly representing 64.8% of total export value.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Portugal in value, 2018-2021

Imports knitted or crocheted pile fabrics to Portugal

Imports in kind, t

After a two-year decline, imports of knitted or crocheted pile fabrics into Portugal increased in volume. In 2021, import volume reached 2 551 tonnes, up by 43.6% year-over-year. Between 2018 and 2021, imports decreased by 20.7%, equating to an annualized rate of 7.5%. The lowest volume was recorded in 2020 at 1 777 tonnes, and the largest decline occurred in 2019 with a drop of 26.5%.

Annual dynamics of product's imports to Portugal in kind, 2018-2021, t

From 2018 to 2021, China, Spain, and Italy were the key partners for Portugal's imports of knitted or crocheted pile fabrics in volume terms. China accounted for 65.0% of imports, Spain for 13.8%, and Italy for 11.3%, together representing 90.1% of total import flows.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Portugal in kind, 2018-2021

Imports in value, K $ US

The import market for knitted or crocheted pile fabrics in Portugal showed volatility over the observed period. Imports reached their lowest point in 2020 at 11 067 thousand US dollars and peaked in 2021, with a 1.8-fold difference between these years. In 2021, Portugal imported a total of 20 365 thousand US dollars worth of knitted or crocheted pile fabrics, representing an abrupt uptick of 84.3% compared to 2020. The largest decline was recorded in 2020 with a drop of 24.8%.

Annual dynamics of product's imports to Portugal in value, 2018-2021, K $ US

From 2018 to 2021, China, Spain, and Italy together accounted for 84.9% of Portugal's total imports of knitted or crocheted pile fabrics in value terms. China represented 31.1% of imports, Spain 27.7%, and Italy 26.1%, remaining the main sources for these goods.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Portugal in value, 2018-2021