Man-made fibre knitted jerseys and pullovers market in Estonia

Earlier Report Observations

From 2018 to 2019, the market volume for man-made fibre knitted jerseys and pullovers in Estonia increased slightly from 1.53 million to 1.58 million units, while the market value dipped from $11.9 million to $11.5 million. This was followed by a sharp downturn in 2020, with volume dropping to 1.13 million units and value falling to $9.3 million.

A gradual recovery took place over the next two years, with market volume reaching 1.27 million units and value $11.4 million by 2022. The market then stabilized at around 1.18–1.19 million units annually in 2023 and 2024, with a corresponding value of approximately $10.8–$10.5 million.

Throughout the period, Estonia maintained active export channels for these products to Norway, Lithuania, Latvia, Finland, and Poland. Global industry trends, including a growing emphasis on sustainable fibres and circular innovation, began influencing the market landscape by the mid-2020s.

Production man-made fibre knitted jerseys and pullovers in Estonia

In value, 2018-2021, K $ US

Estonia's production of man-made fibre knitted jerseys and pullovers declined for the third consecutive year. In 2021, output was valued at 221.3 thousand US dollars, marking a 20.7% decrease compared to the previous year. Between 2018 and 2021, production fell by 49.7%, which translates to an annualized decline of 20.5%.

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

In kind, 2018-2021, unit

Estonia's production volume of man-made fibre knitted jerseys and pullovers declined for the third year in a row. In 2021, 32 335 units were produced, representing a significant decrease of 11.6% from the prior year. From 2018 to 2021, production dropped by 51%, averaging an annual decline of 21.2%.

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

Exports man-made fibre knitted jerseys and pullovers from Estonia

Exports in kind, K unit

After two years of contraction, Estonia's exports of man-made fibre knitted jerseys and pullovers increased. In 2021, the country exported 187 thousand units, showing a robust uptick of 14.9% compared to 2020. Over the 2018-2021 period, exports decreased by 37.8%, with a compound annual growth rate of -14.6%. The lowest point was in 2020 at 163 thousand units, when the largest decline of 38.7% occurred.

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

From 2018 to 2021, Sweden, Lithuania, and Russia were the main destinations for Estonia's exports of man-made fibre knitted jerseys and pullovers in kind. Sweden accounted for 20.9% of exports, Lithuania for 18.4%, and Russia for 18.0%, together making up 57.3% of total flows.

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, Estonia's export value of man-made fibre knitted jerseys and pullovers increased. In 2021, exports amounted to 3 152 thousand US dollars, equivalent to a 23.5% rise compared to the previous year. Over the 2018-2021 period, exports decreased by 34.7%, with a compound annual growth rate of -13.3%. The minimum value was recorded in 2020 at 2 552 thousand US dollars, when the largest decline of 34.7% took place.

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

Between 2018 and 2021, Lithuania, Latvia, and Finland led Estonia's export structure in value terms. Lithuania accounted for 21.8% of exports, Latvia for 19.5%, and Finland for 19.4%, collectively representing 60.6% of total 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 man-made fibre knitted jerseys and pullovers to Estonia

Imports in kind, K unit

In 2021, Estonia's imports of man-made fibre knitted jerseys and pullovers totalled 1 292 thousand units, up by 2.5% year-over-year. Between 2018 and 2021, imports decreased by 26.8%, averaging an annual decline of 9.9%. The minimum value was in 2020 at 1 261 thousand units, while the peak was in 2019 at 1 789 thousand units. The largest decline occurred in 2020, dropping by 29.5%.

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

From 2018 to 2021, China, Bangladesh, and Cambodia were the largest suppliers of man-made fibre knitted jerseys and pullovers to Estonia in kind. China accounted for 34.8% of imports, Bangladesh for 25.2%, and Cambodia for 6.0%, together forming 66.0% of total imports.

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 two years of decline, Estonia's import value of man-made fibre knitted jerseys and pullovers increased. In 2021, imports amounted to 13 316 thousand US dollars, indicating a substantial rise of 15.3% year-over-year. Over the 2018-2021 period, imports decreased by 18.2%, with a compound annual growth rate of -6.5%. The minimum value was in 2020 at 11 553 thousand US dollars, when the largest decline of 23.1% was recorded.

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

Between 2018 and 2021, China, Bangladesh, and Turkey consistently held leading positions in Estonia's import structure in value terms. China accounted for 37.8% of imports, Bangladesh for 18.1%, and Turkey for 5.5%, jointly making up 61.4% of total flows.

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

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