Knitted track suits, ski suits and swimwear market in Spain

Earlier Report Observations

Between 2018 and 2019, the market volume for knitted track suits, ski suits and swimwear in Spain grew, reaching 38.8 million pieces in 2019. This expansion was supported by increased production capacity from international suppliers, such as the opening of a second factory by D&J Claire in China targeting luxury swimwear and sportswear, which bolstered global supply. Simultaneously, the launch of high-end ready-to-wear lines like 'Agua by Agua Bendita' from Colombia highlighted a trend towards sustainability and craftsmanship, influencing consumer preferences in Spain towards more diversified and quality-oriented offerings.

The market contracted sharply in 2020, with volume falling to 29.9 million pieces, and further to 28.2 million in 2021. However, the market value rebounded to $290 million in 2021, indicating a shift towards higher-priced segments. This resilience in value was partly driven by the emergence of new brands and ventures, such as Lawrence Designs in Latin America, which emphasized local design and quality, reflecting a global trend towards personalized and locally-adapted products that resonated with Spanish consumers.

A strong recovery followed in 2022, with market volume jumping to 39.6 million pieces and value rising to $334.5 million. By 2023, volume stabilized at 38.4 million pieces while value reached $336.7 million. This period saw the growth of international brands like Roxy in Spain, offering functional and size-inclusive designs suited for active lifestyles, along with an increase in crochet and artisanal swimwear, which diversified product segments and catered to evolving consumer demand for versatility and quality.

Production knitted track suits, ski suits and swimwear in Spain

In value, 2017-2020, M $ US

Spain's production of knitted track suits, ski suits, and swimwear declined for the second consecutive year. In 2020, output was valued at 112.3 million US dollars, marking a significant drop of 16.5% compared to the previous year. Over the period from 2017 to 2020, production decreased by 7.9%, with an average annual decline of 2.7%. The highest value was recorded in 2018 at 135.1 million US dollars, which also saw the largest increase of 10.7%.

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

In kind, 2017-2020, K unit

After a two-year improvement, Spain's production of knitted track suits, ski suits, and swimwear declined. In 2020, 6 904 thousand units were produced, representing a 28.8% decrease year-over-year. From 2017 to 2020, production fell by 23.3%, with an average annual decline of 8.5%. The peak was in 2019 with 9 690 thousand units, while the largest increase occurred in 2018 at 5.1%.

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

Exports knitted track suits, ski suits and swimwear from Spain

Exports in kind, K unit

Spain's exports of knitted track suits, ski suits, and swimwear increased for the third consecutive year. In 2020, exports reached 8 443 thousand units, showing a 5.4% improvement compared to the previous year. Over the period from 2017 to 2020, exports grew by 24.2%, with an average annual growth rate of 7.5%.

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

From 2017 to 2020, Portugal, France, and Italy were the leading destinations for Spain's exports of knitted track suits, ski suits, and swimwear in kind. Portugal accounted for 22.1% of exports, France for 18.2%, and Italy for 16.1%, together making up 56.4% of total export flows.

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, M $ US

Spain's exports of knitted track suits, ski suits, and swimwear in value terms declined for the second consecutive year. In 2020, exports amounted to 64.0 million US dollars, reflecting a slight decrease of 2.3% from 2019. Between 2017 and 2020, exports overall increased by 11.4%, equating to an average annual growth of 3.7%. The highest value was recorded in 2018 at 69.6 million US dollars, which also saw the largest increase of 21.1%, while the largest decline occurred in 2019 at 5.9%.

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

From 2017 to 2020, Spain's exports of knitted track suits, ski suits, and swimwear in value terms were not heavily concentrated on a few key markets. Portugal accounted for 17.7% of exports, France for 16.3%, and Italy for 15.6%, together representing only 49.6% of total export flows.

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 track suits, ski suits and swimwear to Spain

Imports in kind, K unit

After a two-year advance, Spain's imports of knitted track suits, ski suits, and swimwear in kind declined. In 2020, imports reached 31 410 thousand units, amounting to a 15.5% decrease year-over-year. Over the period from 2017 to 2020, imports decreased by 6.3%, with an average annual decline of 2.2%. The peak was in 2019 with 37 150 thousand units, while the largest increase occurred in 2018 at 7.3%.

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

From 2017 to 2020, China, Italy, and Tunisia were the largest suppliers of knitted track suits, ski suits, and swimwear to Spain in kind. China accounted for 49.9% of imports, Italy for 8.6%, and Tunisia for 6.8%, together forming 65.3% 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, M $ US

After a two-year increase, Spain's imports of knitted track suits, ski suits, and swimwear in value terms declined. In 2020, imports reached 187.0 million US dollars, representing a 15.8% drop compared to the previous year. Over the period from 2017 to 2020, imports decreased by 10%, with an average annual decline of 3.5%. The highest value was recorded in 2019 at 222.1 million US dollars, while the largest increase occurred in 2018 at 6.0%.

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

From 2017 to 2020, China, Italy, and France led the structure of Spain's imports of knitted track suits, ski suits, and swimwear in value terms. China accounted for 36.4% of imports, Italy for 10.5%, and France for 7.0%, together representing 53.9% of total import flows.

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

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