Men's knitted suits, jackets and trousers market in Estonia

Earlier Report Observations

The Estonian market for men's knitted suits, jackets and trousers underwent a period of substantial growth from 2018 to 2022, with its total volume more than doubling from 365 thousand units to 763 thousand units. This expansion was entirely driven by a surge in imports, which increased from 395 thousand to 837 thousand units, while domestic production more than halved over the same period.

Following the peak in 2022, the market volume contracted to 666 thousand units in 2023 but showed a partial recovery to 717 thousand units in 2024. Imports remained the primary supply source, reaching 836 thousand units in 2024, further cementing the market's structural shift away from local manufacturing as production fell to 74 thousand units.

Production men's knitted suits, jackets and trousers in Estonia

In value, 2018-2021, K $ US

Estonia's production of men's knitted suits, jackets, and trousers in monetary terms rebounded after a two-year decline. In 2021, output reached 2 073 K $ US, marking a 7.4% increase from 2020. However, looking at the broader period from 2018 to 2021, production fell by 19.7%, which translates to an average annual decline of 7.0%. The lowest point was in 2020, with a value of 1 931 K $ US, and the sharpest drop occurred that same year at 15.3%.

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

In kind, 2018-2021, K unit

In 2021, Estonia produced 83.1 K units of men's knitted suits, jackets, and trousers in physical terms, representing a significant decrease of 41.8% compared to the previous year. Over the period from 2018 to 2021, production dropped by 51.5%, averaging an annual decline of 21.4%. The only notable increase during this timeframe was in 2020, with a modest rise of 2.9%.

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

Exports men's knitted suits, jackets and trousers from Estonia

Exports in kind, K unit

Estonia's exports of men's knitted suits, jackets, and trousers in physical terms declined for the third year in a row. In 2021, exports totaled 111.2 K units, down by 28.9% from the year before. From 2018 to 2021, exports decreased by 44.6%, equating to an average annual rate of decline of 17.9%.

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

Between 2018 and 2021, Sweden, Norway, and Latvia were the main destinations for Estonia's exports of men's knitted suits, jackets, and trousers in physical terms. Sweden accounted for 37.4% of exports, Norway for 22.1%, and Latvia for 12.3%. Together, these three countries made up 71.9% of total exports in kind.

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

Estonia's exports of men's knitted suits, jackets, and trousers in monetary terms fell for the third consecutive year. In 2021, exports amounted to 3 341 K $ US, showing a moderate decline of 5.8% compared to the previous year. Over the period from 2018 to 2021, exports dropped by 44.1%, with an average annual decrease of 17.6%.

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

From 2018 to 2021, Sweden, Norway, and Latvia remained the key export markets for Estonia's men's knitted suits, jackets, and trousers in value terms. Sweden held 31.5% of exports, Norway 21.8%, and Latvia 15.4%. Collectively, these three countries accounted for 68.6% of total export 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 men's knitted suits, jackets and trousers to Estonia

Imports in kind, K unit

Estonia's imports of men's knitted suits, jackets, and trousers in physical terms increased for the third year in a row. In 2021, imports reached 605.0 K units, reflecting a solid gain of 22.8% over the previous year. Between 2018 and 2021, imports grew by 53.2%, averaging an annual increase of 15.3%.

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

Throughout 2018–2021, Poland, China, and Bangladesh were the primary sources for Estonia's imports of men's knitted suits, jackets, and trousers in physical terms. Poland contributed 31.7% of imports, China 19.9%, and Bangladesh 16.3%. Together, these three countries represented 67.9% of total import flows in kind.

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

Estonia's imports of men's knitted suits, jackets, and trousers in monetary terms increased after a two-year decline. In 2021, imports were valued at approximately 5 589 K $ US, indicating a steep rise of 42.6% from the year before. Over the period from 2018 to 2021, imports grew by 2.9%, with a compound annual growth rate of 1.0%. The lowest value was recorded in 2020 at 3 920 K $ US, following the largest decline of 19.1% in 2019.

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

The structure of Estonia's imports of men's knitted suits, jackets, and trousers in value terms from 2018 to 2021 was relatively diversified. China accounted for 24.1% of imports, Poland for 9.5%, and Bangladesh for 8.5%. Combined, these three countries made up just 42.1% of total flows, with no single country holding a clearly dominant position.

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

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