Men's knitted jackets and blazers market in Greece

Earlier Report Observations

The import value of men's knitted jackets and blazers to Greece peaked at 5.8 million US dollars in 2019 before dropping sharply to 2.8 million in 2020. It then recovered to 6.2 million in 2021, but entered a steady decline thereafter, falling to 3.4 million by 2024. Exports followed a similar volatile pattern, reaching 3.1 million in 2019, then contracting to 1.6 million in 2021, briefly rebounding in 2022, and finally decreasing to 1.3 million in 2024.

From 2022 onward, domestic production data becomes available, showing a rise from 5.5 million to 6.1 million US dollars between 2022 and 2023, then stabilizing at 6.1 million in 2024. The total market size in value terms grew from 8.1 million in 2022 to 8.6 million in 2023, before easing to 8.2 million in 2024.

In physical volume terms, the market contracted significantly after 2019. Import volumes fell from a high of 1.5 million units in 2019 to just 235 thousand units in 2024, while the calculated market size shrank from 318 thousand units in 2022 to 201 thousand units in 2024. This divergence between value and volume trends suggests a shift towards higher-priced items or changes in product mix within the category.

Production men's knitted jackets and blazers in Greece

According to Faostat, there is no production of men's knitted jackets and blazers in Greece.

Exports men's knitted jackets and blazers from Greece

Exports in kind, K unit

The market exhibited significant volatility during this period. Exports reached their lowest point in 2017, then peaked in 2019, showing a 5.2-fold difference between these years. In 2020, Greece exported 628 K units of men's knitted jackets and blazers, marking a substantial year-over-year decline of 21.6%. The highest export volume was recorded in 2019 at 800 K units, while the largest percentage increase occurred in 2018 at 173.5%.

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

From 2017 to 2020, Italy, Spain, and Hungary consistently served as the primary destinations for Greece's exports in kind. Italy accounted for 68.4% of these exports, Spain for 9.0%, and Hungary for 5.6%. Together, these three countries represented 82.9% of total export flows.

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

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

Exports in value, K $ US

Market behavior showed considerable volatility throughout these years. Exports in value terms reached their lowest point in 2017, then peaked in 2019, with a 6.6-fold difference between these two years. In 2020, Greece exported men's knitted jackets and blazers worth 1 801 K US dollars, representing a 42.7% decrease compared to the previous year. The maximum value was recorded in 2019 at 3 141 K US dollars, while the largest percentage increase occurred in 2018 at 278.1%.

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

During the 2017-2020 period, Italy, North Macedonia, and Germany remained the top buyers of Greek men's knitted jackets and blazers in value terms. Italy accounted for 27.4% of export value, North Macedonia for 16.4%, and Germany for 12.5%. Collectively, these three countries represented 56.3% of total export value.

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

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

Imports men's knitted jackets and blazers to Greece

Imports in kind, K unit

Market performance showed noticeable fluctuations during this period. Imports reached their lowest point in 2017, then peaked in 2019, with a 5.6-fold difference between these years. In 2020, Greece imported 545 K units of men's knitted jackets and blazers, representing a dramatic year-over-year decline of 63.1%. The maximum import volume was recorded in 2019 at 1 475 K units, while the largest percentage increase also occurred in 2019 at 382.0%.

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

Throughout the 2017-2020 period, China clearly dominated Greece's imports of men's knitted jackets and blazers in kind, accounting for 81.5% of total import flows. Other countries each held significantly smaller market shares.

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

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

Imports in value, K $ US

Market performance exhibited noticeable fluctuations during this period. Imports in value terms reached their lowest point in 2017, then peaked in 2019, showing a 2.4-fold difference between these years. In 2020, Greece imported men's knitted jackets and blazers worth 2 753 K US dollars, down 52.5% compared to 2019. The maximum value was recorded in 2019 at 5 801 K US dollars, while the largest percentage increase also occurred in 2019 at 119.5%.

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

From 2017 to 2020, China, Spain, and Italy were the principal sources for Greece's imports of men's knitted jackets and blazers in value terms. China accounted for 38.8% of import value, Spain for 20.1%, and Italy for 12.9%. Together, these three countries represented 71.8% of total import flows.

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

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