Men's knitted outerwear market in Spain

Earlier Report Observations

The market for men's knitted outerwear in Spain experienced a slight decline from 4.5 million units in 2018 to 4.3 million units in 2019, as global competition and production relocation pressures affected trade flows. In 2020, the COVID-19 pandemic led to a sharp contraction, with market volume dropping to 2.8 million units due to widespread store closures and reduced consumer demand.

Recovery began in 2021, stabilizing around 2.8 million units. A strong rebound followed in 2022, pushing the market to 4.3 million units, driven by increased online sales, a consumer shift toward sustainable fashion, and major industry players like Inditex and Tendam promoting circular economy initiatives. Growth continued in 2023, reaching 4.6 million units, as sustainability became a core competitive advantage and digital channels expanded further.

Regulatory developments also shaped the market, particularly the Waste and Contaminated Soil Law for a Circular Economy (Law 7/2022), which encouraged environmental practices in textile production. The industry simultaneously adapted to upcoming EU requirements like the digital product passport, focusing on greater traceability and recyclability.

Production men's knitted outerwear in Spain

In value, 2017-2020, K $ US

In 2020, Spain's production of men's knitted outerwear was valued at 1 369 thousand US dollars, marking a 9.6% increase compared to 2019. Over the period from 2017 to 2020, production decreased by 5.4%, with a compound annual growth rate (CAGR) of 1.8%. The maximum value was recorded in 2018 at 1 471 thousand US dollars, while the minimum was in 2019 at 1 248 thousand US dollars. The largest decline occurred in 2019, with a drop of 15.1%.

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

In kind, 2017-2020, unit

In 2020, Spain produced 59 260 units of men's knitted outerwear, representing a 6.0% decrease from the previous year. From 2017 to 2020, production fell by 5.9%, with a compound annual growth rate (CAGR) of 2.0%. The maximum production was recorded in 2019 at 63 033 units, and the minimum in 2018 at 57 944 units. The largest decline was in 2018, with an 8.0% drop, while the largest increase occurred in 2019, with an 8.8% rise.

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

Exports men's knitted outerwear from Spain

Exports in kind, K unit

Spain's exports of men's knitted outerwear declined for the third consecutive year. In 2020, exports were recorded at 3 999 thousand units, showing a significant drop of 24.5% compared to 2019. Between 2017 and 2020, exports decreased by 39.4%, equating to an annualized rate of 15.4%.

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

Data from 2017 to 2020 indicate that Spain's exports of men's knitted outerwear in kind were not concentrated on a few key destinations. France accounted for 10.4% of exports in kind, Italy for 9.9%, and Portugal for 9.2%, with these three countries together representing only 29.5% of total 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 men's knitted outerwear in value terms declined for the third consecutive year. In 2020, exports totaled 64.5 million US dollars, which is 13.6% lower than in 2019. Over the period from 2017 to 2020, exports decreased by 34.7%, with a compound annual growth rate (CAGR) of 13.3%.

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

Data from 2017 to 2020 show that Spain's exports of men's knitted outerwear in value terms were not concentrated on a few key destinations. France accounted for 10.4% of exports in value terms, Italy for 9.9%, and Germany for 9.0%, with these three countries together making up only 29.3% 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 outerwear to Spain

Imports in kind, K unit

Spain's imports of men's knitted outerwear in kind declined for the third consecutive year. In 2020, import volume reached 6 730 thousand units, showing a sharp decrease of 29.7% compared to the previous year. Between 2017 and 2020, imports decreased by 36.5%, equating to an annualized rate of 14.1%.

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

From 2017 to 2020, Bangladesh, China, and Pakistan were the main sources for Spain's imports of men's knitted outerwear in kind. Bangladesh accounted for 35.3% of imports in kind, China for 18.3%, and Pakistan for 15.2%, with these three countries together representing 68.8% 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, M $ US

Spain's imports of men's knitted outerwear in value terms declined for the third consecutive year. In 2020, imports totaled 87.9 million US dollars, constituting a robust drop of 18.5% compared to 2019. Over the period from 2017 to 2020, imports decreased by 23.4%, with a compound annual growth rate (CAGR) of 8.5%.

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

From 2017 to 2020, China, Bangladesh, and Pakistan were the largest but not dominant suppliers of men's knitted outerwear to Spain in value terms. China accounted for 19.6% of imports in value terms, Bangladesh for 17.0%, and Pakistan for 9.3%, with these three countries together accounting for 45.9% of total imports against a broad background of smaller partners.

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

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