Knitted T-shirts and vests market in Austria

Earlier Report Observations

Between 2019 and 2021, the physical volume of the knitted T-shirts and vests market in Austria contracted significantly, falling from 127 million units to 71.4 million units. This decline coincided with a period where import volumes also decreased. However, the market's value in US dollars showed resilience, growing from $434.3 million in 2019 to $493.2 million in 2021, indicating a shift towards higher-value products or increased prices.

By 2024, the market volume had recovered to 110.3 million units, while its value rose substantially to $589.2 million. This rebound was supported by the broader recovery of Austria's apparel retail sector, which surpassed pre-pandemic sales levels in 2024. Concurrently, increased consumer demand for ecologically produced textiles, such as organic and fairtrade T-shirts, contributed to market growth by driving a trend towards more sustainable and potentially higher-priced garments.

The structure of the Austrian textile and clothing sector, characterized by a fragmented landscape with over 2,100 suppliers for T-shirts, provided a diverse base for this evolution. Changing consumer habits, including less frequent clothing purchases compared to 2018, did not prevent market value growth, as spending shifted towards more specialized and sustainable product segments.

Production knitted T-shirts and vests in Austria

In value, 2017-2020, K $ US

In 2020, Austria's output of knitted T-shirts and vests was valued at 7 052 thousand US dollars, marking a strong 14.0% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 35.9%, with an average annual growth rate of 10.8%.

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

In kind, 2017-2020, K unit

In 2020, Austria produced 260.2 thousand units of knitted T-shirts and vests, representing a solid 22.6% year-over-year increase. From 2017 to 2020, production rose by 46%, with an average annual growth rate of 13.4%.

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

Exports knitted T-shirts and vests from Austria

Exports in kind, M unit

After two years of growth, Austria's exports of knitted T-shirts and vests declined. In 2020, exports amounted to 40.0 million units, showing a dramatic 32.6% decrease year-over-year. Between 2017 and 2020, exports fell by 30.1%, with an average annual decline of 11.2%. The highest export volume was recorded in 2019 at 59.4 million units, with the largest increase of 3.4% also occurring that year.

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

From 2017 to 2020, Germany, Poland, and Czechia were notable but not dominant buyers of knitted T-shirts and vests from Austria. Germany accounted for 26.7% of exports in kind, Poland for 10.2%, and Czechia for 8.8%. Together, their combined share reached 45.7% of total exports in kind.

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

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

Exports in value, M $ US

Following two years of increase, Austria's exports of knitted T-shirts and vests in value terms declined. In 2020, export volume came to 268.3 million US dollars, representing a substantial 13.4% year-over-year fall. Between 2017 and 2020, exports decreased by 7.6%, equating to an average annual decline of 2.6%. The peak value was recorded in 2019 at 309.9 million US dollars, while the largest increase of 4.0% occurred in 2018.

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

Between 2017 and 2020, there was no single dominant market for Austria's knitted T-shirts and vests exports in value terms. Germany accounted for 27.5% of exports, Poland for 10.1%, and Czechia for 8.8%. Together, these three countries took 46.4% of total exports, with many smaller partners each holding modest individual shares.

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

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

Imports knitted T-shirts and vests to Austria

Imports in kind, M unit

After a two-year rise, Austria's imports of knitted T-shirts and vests in kind declined. In 2020, imports totaled 129.6 million units, amounting to a 30.4% decrease from the previous year. Between 2017 and 2020, imports fell by 16.8%, with an average annual decline of 5.9%. The highest import volume was recorded in 2019 at 186.2 million units, with the largest increase of 18.2% also occurring that year.

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

From 2017 to 2020, Bangladesh, Germany, and Turkey consistently remained the main sources for Austria's imports of knitted T-shirts and vests in kind. Bangladesh accounted for 24.5% of imports, Germany for 17.9%, and Turkey for 10.3%. Together, they represented 52.6% of total import flows.

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

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

Imports in value, M $ US

Austria's imports of knitted T-shirts and vests in value terms declined for the second consecutive year. In 2020, imports amounted to approximately 678.7 million US dollars, constituting an 8.0% fall compared to 2019. Between 2017 and 2020, imports decreased by 6.1%, equating to an average annual decline of 2.1%. The maximum value was recorded in 2018 at 755.4 million US dollars, with the largest increase of 4.5% also occurring that year.

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

Throughout 2017 to 2020, Bangladesh, Germany, and Turkey remained the key sources for Austria's imports of knitted T-shirts and vests in value terms. Bangladesh accounted for 23.2% of imports, Germany for 17.6%, and Turkey for 10.8%. Together, they took 51.6% of total import flows.

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

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