Men's knitted jackets and blazers market in Spain

Earlier Report Observations

Between 2018 and 2024, the Spanish market for men's and boys' knitted jackets and blazers experienced significant fluctuations. After starting at 2.6 million pieces in 2018, the market volume contracted sharply to 1.5 million pieces by 2021. This period, notably in 2020, coincided with the global COVID-19 pandemic, which severely disrupted retail and consumer spending. The market value followed a volatile path, dropping from $16.9 million in 2018 to a low of $9.4 million in 2019 before recovering.

A shift began from 2022, with market volume growing to 1.9 million pieces. This recovery period was marked by increased regulatory scrutiny and evolving market structure. Stringent safety enforcement led to product recalls of children's wear for non-compliance, reinforcing consumer protection. Simultaneously, the market diversified with the expansion of the low-cost segment, making products more accessible and influencing overall demand. These dynamics, alongside ongoing labeling inspection campaigns, shaped the market environment through 2023.

By 2024, the market showed stabilization at 1.5 million pieces, valued at $20.2 million. New packaging labeling regulations aimed at promoting a circular economy came into effect, affecting the presentation and environmental compliance of textile products. Major retailers like El Corte Inglés maintained a significant presence, underpinning the market's structure. The focus on producer responsibility and clear product information continued to influence the commercial landscape for these garments.

Production men's knitted jackets and blazers in Spain

In value, 2017-2020, K $ US

In 2020, Spain's production of men's knitted jackets and blazers was valued at 1 569 K $ US, marking a 46.1% decline compared to 2019. Over the period from 2017 to 2020, production decreased by 43.8%, which translates to an annualized rate of 17.5%. The peak value was recorded in 2019 at 2 909 K $ US, with the largest increase that year reaching 6.0%.

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

In kind, 2017-2020, unit

In 2020, Spain produced 39 526 units of men's knitted jackets and blazers, showing a 44.9% drop from the previous year. From 2017 to 2020, production fell by 43%, corresponding to a compound annual growth rate of 17.1%. The highest output was in 2019 at 71 744 units, with the largest increase that year at 10.1%.

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

Exports men's knitted jackets and blazers from Spain

Exports in kind, K unit

In 2020, Spain's exports of men's knitted jackets and blazers totaled 881 K units, reflecting a 54.7% reduction compared to 2019. Between 2017 and 2020, exports decreased by 60%, equating to an annualized rate of 26.3%. The largest increase occurred in 2019 at 7.8%.

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

From 2017 to 2020, Italy, Portugal, and France were among the largest buyers of men's knitted jackets and blazers from Spain, accounting for 8.6%, 8.5%, and 7.5% of exports in kind, respectively. However, together they represented just 24.6% of total exports in kind, indicating a broadly diversified partner base.

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, K $ US

In 2020, Spain's exports of men's knitted jackets and blazers in value terms registered 20 560 K $ US, showing a sharp drop of 59.5% from 2019. Over the 2017-2020 period, exports decreased by 56%, with an annualized rate of 24.0%. The maximum value was recorded in 2019 at 50 792 K $ US, and the largest increase that year was 18.8%.

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

From 2017 to 2020, Spain's exports of men's knitted jackets and blazers in value terms were widely dispersed across partner countries. Italy, France, and China accounted for 8.2%, 6.8%, and 6.2% of exports in value terms, respectively, but together they represented only 21.2% of total 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 men's knitted jackets and blazers to Spain

Imports in kind, K unit

Spain's imports of men's knitted jackets and blazers declined for the third consecutive year. In 2020, imports came to 2 387 K units, which is 39.5% less than in 2019. Between 2017 and 2020, imports decreased by 52.8%, equating to an annualized rate of 22.2%.

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

Throughout 2017-2020, China, Turkey, and Pakistan played leading roles in Spain's imports of men's knitted jackets and blazers in kind, accounting for 31.3%, 25.0%, and 8.6% of imports, respectively. Together, they took 65.0% of total 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, K $ US

In 2020, Spain's import volume of men's knitted jackets and blazers amounted to 32 957 K $ US, which is 42.5% less than in 2019. Over the 2017-2020 period, imports decreased by 45.4%, with a compound annual growth rate of 18.3%. The largest increase was recorded in 2019 at 0.7%.

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

From 2017 to 2020, Turkey, China, and Morocco stood out as the main markets for Spain's imports of men's knitted jackets and blazers in value terms, representing 31.9%, 21.1%, and 7.9% of imports, respectively. Together, they accounted for 60.9% of total flows.

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

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