Knitted track suits, ski suits and swimwear market in Estonia

Earlier Report Observations

The Estonian market for knitted track suits, ski suits and swimwear experienced a significant contraction between 2018 and 2020, with volume falling by one-third from 678 thousand units to 452 thousand units. This sharp decline was driven by the COVID-19 pandemic, which disrupted retail activity and reduced consumer spending on apparel.

Following the pandemic low, market volume showed a partial recovery, rising to 474 thousand units in 2022 before dipping again in 2023. By 2024, volume had rebounded to 458 thousand units. In value terms, the market exhibited greater volatility, with a notable increase to $5.5 million in 2021 despite lower unit sales, indicating a shift toward higher-value products within the category.

Production knitted track suits, ski suits and swimwear in Estonia

In value, 2018-2021, K $ US

In Estonia, the production value of knitted track suits, ski suits, and swimwear reached 2 964 K $ US in 2021, marking a significant increase of 62.0% compared to the previous year. The lowest value was recorded in 2020 at 1 830 K $ US, which saw the largest decline of 26.4%. Over the period from 2018 to 2021, production grew by 19.7%, translating to an annualized growth rate of 6.2%.

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

In kind, 2018-2021, K unit

After two years of decline, production of knitted track suits, ski suits, and swimwear in Estonia rebounded. In 2021, output reached 90.6 K units, representing a 42.4% increase from 2020. The lowest production level was in 2020 at 63.6 K units, which experienced the largest drop of 40.7%. From 2018 to 2021, overall production decreased by 24.5%, averaging an annual decline of 8.9%.

Annual dynamics of production in Estonia in kind, 2018-2021, K unit

Exports knitted track suits, ski suits and swimwear from Estonia

Exports in kind, K unit

Exports of knitted track suits, ski suits, and swimwear from Estonia declined for the third consecutive year. In 2021, shipments totaled 199 K units, down 18.2% from 2020. Between 2018 and 2021, exports fell by 56.1%, with an annualized decrease of 24.0%.

Annual dynamics of product's exports from Estonia in kind, 2018-2021, K unit

From 2018 to 2021, the three main markets for Estonia's exports of knitted track suits, ski suits, and swimwear in kind were Russia, Ukraine, and Sweden, which together accounted for 80.4% of total exports.

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

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

Exports in value, K $ US

Following a two-year decline, the value of knitted track suits, ski suits, and swimwear exports from Estonia increased. In 2021, exports amounted to 2 721 K $ US, showing a strong rise of 12.1% compared to 2020. The lowest value was recorded in 2020 at 2 428 K $ US, while the largest decline occurred in 2019 at 22.8%. Over the 2018-2021 period, exports decreased by 24.4%, with a compound annual growth rate (CAGR) of -8.9%.

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

From 2018 to 2021, Russia, Sweden, and Ukraine were the core markets for Estonia's exports of knitted track suits, ski suits, and swimwear in value terms. Russia accounted for 44.2% of exports, Sweden for 9.6%, and Ukraine for 7.5%, together making up 61.3% of total export flows.

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

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

Imports knitted track suits, ski suits and swimwear to Estonia

Imports in kind, K unit

Imports of knitted track suits, ski suits, and swimwear into Estonia declined for the third year in a row. In 2021, imports totaled 546 K units, a decrease of 13.6% from the previous year. Over the 2018-2021 period, imports fell by 46%, with a compound annual growth rate (CAGR) of -18.6%.

Annual dynamics of product's imports to Estonia in kind, 2018-2021, K unit

Between 2018 and 2021, China, Poland, and Bangladesh were the largest contributors to Estonia's imports of knitted track suits, ski suits, and swimwear in kind. China accounted for 64.4% of imports, Poland for 5.9%, and Bangladesh for 3.7%, collectively representing 74.1% of total import flows.

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

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

Imports in value, K $ US

After a two-year reduction, imports of knitted track suits, ski suits, and swimwear into Estonia rose. In 2021, imports reached 5 305 K $ US, up 3.6% from the year before. The lowest value was in 2020 at 5 119 K $ US, while the largest decline was in 2019 at 26.1%. From 2018 to 2021, imports decreased by 39.4%, with a compound annual growth rate (CAGR) of -15.4%.

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

From 2018 to 2021, China, Italy, and Poland played leading roles in Estonia's imports of knitted track suits, ski suits, and swimwear in value terms. China accounted for 59.5% of imports, Italy for 4.5%, and Poland for 3.6%, together comprising 67.7% of total import flows.

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

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