Women's knitted outerwear market in Greece

Earlier Report Observations

The market for women's knitted outerwear in Greece exhibited considerable volatility from 2018 to 2022, with its overall value rising from 12.9 million USD to 20.5 million USD. A period of strong expansion in 2019 was followed by a significant contraction the following year.

Market conditions recovered thereafter, with value increasing to 14.7 million USD in 2021 and then surging to over 20.5 million USD in 2022, marking the peak for the observed period.

Production women's knitted outerwear in Greece

In value, 2017-2020, K $ US

Women's knitted outerwear production in Greece experienced a two-year period of growth before declining. In 2020, output was valued at 1 247 K $ US, representing a 30.7% decrease compared to the previous year. Over the 2017-2020 period, production fell by 25.3%, with a compound annual growth rate of -9.3%. The highest value was recorded in 2019 at 1 801 K $ US, while the largest increase occurred in 2018 at 5.0%.

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

In kind, 2017-2020, unit

In 2020, Greece produced 31 009 units of women's knitted outerwear, marking a sharp decline of 31.0% from the previous year. From 2017 to 2020, production decreased by 26.3%, with a compound annual growth rate of -9.7%. The peak was reached in 2019 with 44 936 units, and the largest increase also occurred in 2019 at 16.0%.

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

Exports women's knitted outerwear from Greece

Exports in kind, K unit

The export market showed an unstable trend throughout the period. Exports reached their lowest point in 2018 at 1 000 K units and peaked in 2019 at 6 110 K units, creating a 6.1-fold difference between these years. In 2020, Greece exported 3 824 K units of women's knitted outerwear, representing a significant decline of 37.4% compared to 2019. The largest decrease was recorded in 2018 at 38.3%, while the largest increase occurred in 2019 at 511.0%.

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

From 2017 to 2020, Italy, Bulgaria, and Estonia formed the core group of markets for exports in kind. Italy accounted for 66.4% of exports, Bulgaria for 13.1%, and Estonia for 4.7%. Together, these three countries represented 84.2% 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 performance showed noticeable fluctuations during this period. The minimum value was recorded in 2017, while the maximum occurred in 2019, creating a 3.9-fold variation between these years. In 2020, Greece exported women's knitted outerwear worth 11 441 K $ US, marking a sharp decline of 42.4% year-over-year. The largest increase was recorded in 2019 at 275.4%.

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

Between 2017 and 2020, Italy, Croatia, and Bulgaria remained the leading destinations for exports in value terms. Italy accounted for 37.1% of exports, Croatia for 15.4%, and Bulgaria for 10.4%. Together, these three countries represented 62.8% of total export flows.

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

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

Imports women's knitted outerwear to Greece

Imports in kind, K unit

Market behavior was characterized by volatility during these years. Import volumes reached their lowest point in 2018 at 2 028 K units and peaked in 2019 at 7 967 K units, showing a 3.9-fold difference between these years. In 2020, Greece imported 4 646 K units of women's knitted outerwear, equivalent to a substantial decline of 41.7% compared to the previous year. The largest increase was recorded in 2019 at 292.8%.

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

From 2017 to 2020, China dominated imports in kind, accounting for 76.4% of total flows. The remaining share was distributed among various smaller destinations.

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

The data reveals irregular changes, indicating a volatile market environment. The minimum value was recorded in 2018 at 16 420 K $ US, while the maximum occurred in 2019 at 36 618 K $ US, showing a 2.2-fold gap between these years. In 2020, Greece imported women's knitted outerwear worth 22 045 K $ US, marking a sharp decline of 39.8% year-over-year. The largest increase was recorded in 2019 at 123.0%.

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

Throughout 2017-2020, China, Spain, and Italy remained the key partners for imports in value terms. China accounted for 34.4% of imports, Spain for 18.6%, and Italy for 12.8%. Together, these three countries represented 65.8% 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