Knitted shawls and scarves market in Ireland

Earlier Report Observations

The market for knitted shawls and scarves in Ireland contracted significantly between 2018 and 2020, falling from 8.2 million dollars to 6.1 million dollars. This decline coincided with a sharp, more than halving of domestic production value and a temporary reduction in import volumes. A partial recovery followed, bringing the market size to 6.6 million dollars in 2021, where it remained through 2023.

Domestic production fell from 3.3 million dollars in 2018 to 1.5 million dollars in 2020, before a modest recovery to 2.0 million dollars by 2023. Import values dropped in 2019 but rebounded strongly thereafter, while exports were volatile, plummeting in 2020 before surging to 1.6 million dollars in 2024.

By 2023, the market had stabilized at a level approximately 20% below its 2018 peak. The period was characterized by a sustained reduction in local manufacturing output and shifting international trade dynamics, with import values recovering to pre-contraction levels.

Production knitted shawls and scarves in Ireland

In value, 2017-2020, K $ US

The data shows irregular changes, indicating a volatile market environment. The lowest value was recorded in 2020, while the highest occurred in 2018, with a peak-to-trough ratio of 2.3 times. In 2020, output of knitted shawls and scarves in Ireland was valued at 1 456 K $ US, marking an abrupt fall of 53.3% compared to the previous year. The maximum value was recorded in 2018 at 3 325 K $ US. The largest increase was observed in 2018, reaching 105.7%.

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

Exports knitted shawls and scarves from Ireland

Exports in kind, t

Knitted shawls and scarves exports from Ireland declined for the third consecutive year. In 2020, Ireland exported 15.5 t of knitted shawls and scarves, which is 45.8% lower than in 2019. Over the period from 2017 to 2020, exports decreased by 73.1%, with a compound annual growth rate of 35.5%.

Annual dynamics of product's exports from Ireland in kind, 2017-2020, t

From 2017 to 2020, the main markets for exports in kind were the United Kingdom, accounting for 51.1% of exports, France with 22.8%, and the United States at 10.9%. Together, these three countries represented 84.8% of total flows.

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

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

Exports in value, K $ US

In 2020, Ireland exported 558 K $ US of knitted shawls and scarves, down by 47.6% compared to 2019. Between 2017 and 2020, exports decreased by 63.1%, equating to an annualized rate of 28.3%. The largest increase was recorded in 2019 at 11.7%.

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

Over the period from 2017 to 2020, the main markets for exports in value terms were the United Kingdom, representing 44.7% of exports, the United States at 16.4%, and France with 13.3%. Together, these three countries accounted for 74.4% of total flows.

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

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

Imports knitted shawls and scarves to Ireland

Imports in kind, t

In 2020, Ireland imported 230.9 t of knitted shawls and scarves, amounting to a strong rise of 18.7% compared to 2019. Over the period from 2017 to 2020, imports decreased by 14.9%, with a compound annual growth rate of 5.2%. The minimum value was recorded in 2019 at 194.5 t, while the maximum was in 2018 at 272.3 t. The largest decline occurred in 2019, dropping by 28.6%.

Annual dynamics of product's imports to Ireland in kind, 2017-2020, t

Throughout 2017 to 2020, China and the United Kingdom concentrated 84.6% of total imports in kind, with the remaining share distributed among other destinations that had smaller individual contributions.

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

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

Imports in value, K $ US

In 2020, knitted shawls and scarves imports to Ireland totalled 5 207 K $ US, representing a strong gain of 11.9% year-over-year. Between 2017 and 2020, imports decreased by 4.4%, equating to an annualized rate of 1.5%. The minimum value was recorded in 2019 at 4 653 K $ US, while the maximum was in 2018 at 5 824 K $ US. The largest decline was recorded in 2019, falling by 20.1%.

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

From 2017 to 2020, China, the United Kingdom, and Italy were the main destinations for imports in value terms, accounting for 46.3%, 28.2%, and 5.9% of imports, respectively. Together, these three countries represented 80.5% of total imports of knitted shawls and scarves to Ireland.

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

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