Knitted or crocheted track suits market in Spain

Earlier Report Observations

From 2018 to 2019, the market for knitted or crocheted track suits in Spain expanded from 8.7 million to 9.6 million units, supported by a growing DIY culture and consumer preference for sustainable materials like organic cotton and recycled yarns. This trend was further fueled by increased leisure time. However, in 2020, market volume contracted to 8.0 million units, as access to specialized yarns became constrained and price disparities between natural and synthetic fibers affected affordability, factors exacerbated by the pandemic's disruptions.

A strong rebound followed, with the market surging to 10.5 million units in 2021 and then to 12.2 million units in 2022. This growth was propelled by enhanced digital marketing and influencer collaborations, which boosted online visibility. Additionally, the commercial agreement by Huvis to promote eco-friendly products reinforced the demand for sustainable apparel. The consolidation of crochet in spring-summer fashion trends, emphasizing comfort, visual appeal, and artisanal quality, further stimulated sales.

After peaking at 12.6 million units in 2023, the market experienced a correction, declining to 10.2 million units in 2024. The period from 2023 onwards saw the market stabilize at a high level before this adjustment, without specific reported drivers in the available sources for these later years.

Production knitted or crocheted track suits in Spain

In value, 2017-2020, K $ US

Production of knitted or crocheted track suits in Spain has increased for the third consecutive year. In 2020, the output was valued at 71 545 thousand US dollars, representing a 2.1% increase compared to 2019. Between 2017 and 2020, production grew by 13.1%, which translates to an annualized growth rate of 4.2%.

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

In kind, 2017-2020, K unit

Production of knitted or crocheted track suits in Spain has declined for the third consecutive year. In 2020, Spain produced 4 217 thousand units, marking a significant decrease of 12.0% compared to the previous year. Over the period from 2017 to 2020, production fell by 16.2%, with a compound annual growth rate of -5.7%.

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

Exports knitted or crocheted track suits from Spain

Exports in kind, K unit

In 2020, the volume of knitted or crocheted track suits exported from Spain reached 1 477 thousand units, showing a year-on-year decline of 10.9%. Over the period from 2017 to 2020, exports increased by 5.5%, with a compound annual growth rate of 1.8%. The lowest export volume was recorded in 2018 at 1 174 thousand units, while the highest was in 2019 at 1 658 thousand units. The largest decline occurred in 2018, with a drop of 16.1%, and the largest increase was in 2019, with a rise of 41.3%.

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

From 2017 to 2020, France, Portugal, and Italy were the largest buyers of knitted or crocheted track suits from Spain in terms of volume. France accounted for 23.9% of exports, Portugal for 13.6%, and Italy for 12.7%. Together, these three countries represented 50.3% of total exports in kind.

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, K $ US

After two years of growth, exports of knitted or crocheted track suits from Spain declined. In 2020, exports totaled 17 497 thousand US dollars, reflecting a modest decrease of 7.3% compared to 2019. Over the period from 2017 to 2020, exports increased by 7.3%, with a compound annual growth rate of 2.4%. The highest export value was recorded in 2019 at 18 879 thousand US dollars, with the largest increase that year at 15.7%.

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

From 2017 to 2020, no single market dominated the export value of knitted or crocheted track suits from Spain. France accounted for 14.4% of exports in value terms, Portugal for 14.2%, and Italy for 13.9%. Together, these three countries made up only 42.6% of total exports, while numerous smaller partners each held relatively modest shares.

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

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

Imports knitted or crocheted track suits to Spain

Imports in kind, K unit

In 2020, Spain imported 5 281 thousand units of knitted or crocheted track suits, indicating a sharp decline of 17.8% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 13.9%, with a compound annual growth rate of -4.9%. The lowest import volume was in 2018 at 5 046 thousand units, and the highest was in 2019 at 6 425 thousand units. The largest increase occurred in 2019, with a rise of 27.3%.

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

From 2017 to 2020, China, Bangladesh, and Belgium were consistently the leading sources of imports in kind for knitted or crocheted track suits in Spain. China accounted for 37.5% of imports, Bangladesh for 8.3%, and Belgium for 7.9%. Collectively, these three countries represented 53.7% of total import flows.

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, K $ US

In 2020, the value of knitted or crocheted track suits imported into Spain amounted to 56 396 thousand US dollars, showing a substantial decrease of 17.0% compared to the previous year. Between 2017 and 2020, imports fell by 10.7%, equating to an annualized decline of 3.7%. The lowest import value was recorded in 2018 at 56 314 thousand US dollars, while the highest was in 2019 at 67 913 thousand US dollars. The largest increase was in 2019, with a growth of 20.6%.

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

From 2017 to 2020, China, Belgium, and Cambodia were the largest suppliers of knitted or crocheted track suits to Spain in value terms. China accounted for 27.3% of imports, Belgium for 15.4%, and Cambodia for 9.5%. Together, these three countries formed 52.2% of total imports in value terms.

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

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