Women's knitted suits, jackets and dresses market in Austria

Earlier Report Observations

The COVID-19 pandemic led to significant revenue losses in Austria's textile and clothing retail sector in 2019 and 2020, with an approximate 8% sales decline as consumer footfall vanished. This drop in demand contributed to reduced import volumes for women's knitted suits, jackets, and dresses, with the market volume in physical terms falling from 54.6 million units in 2020 to 33.7 million in 2021.

In the subsequent years through 2023, the market volume in units remained below pre-pandemic levels, while the market value grew consistently from 310.0 million dollars in 2020 to 425.8 million dollars by 2024, indicating a structural shift towards higher-value products or increased average prices within the segment.

By 2024, innovation from key Austrian textile players such as Palmers' collaboration with José Art Gallery and Intimissimi's launch of dual-layer wool-cotton knit collections, coupled with a strong consumer trend towards sustainable fashion and DIY knitting, helped stimulate demand and supported a market volume recovery to 42.0 million units.

Production women's knitted suits, jackets and dresses in Austria

In value, 2017-2020, K $ US

In 2020, Austria's output of women's knitted suits, jackets, and dresses was valued at 25 246 thousand US dollars, remaining virtually unchanged from 2019. Over the period from 2017 to 2020, production decreased by 3.1%, with a compound annual growth rate of 1.0%.

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

In kind, 2017-2020, K unit

In 2020, Austria produced 310.3 thousand units of women's knitted suits, jackets, and dresses, showing little to no change compared to 2019. This follows a stable trend from the previous year.

Annual dynamics of production in Austria in kind, 2017-2020, K unit

Exports women's knitted suits, jackets and dresses from Austria

Exports in kind, K unit

After two years of growth, Austria's exports of women's knitted suits, jackets, and dresses declined in 2020. Exports totaled 24 213 thousand units, down by 53.0% from 2019. Between 2017 and 2020, exports decreased by 14.3%, equating to an annualized rate of 5.0%. The peak was recorded in 2019 at 51 466 thousand units, with the largest increase of 52.6% also occurring that year.

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

From 2017 to 2020, the leading destinations for Austria's exports of women's knitted suits, jackets, and dresses in kind were Germany, accounting for 30.4% of exports, Poland at 16.8%, and Czechia at 8.1%. Together, these three countries represented 55.4% of total export flows.

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

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

Exports in value, M $ US

Following a two-year increase, Austria's export volume of women's knitted suits, jackets, and dresses declined in 2020. Exports amounted to 260.0 million US dollars, marking a substantial drop of 16.5% from 2019. Over the 2017-2020 period, exports increased by 13.8%, with a compound annual growth rate of 4.4%. The highest value was recorded in 2019 at 311.2 million US dollars, accompanied by the largest increase of 22.0% that year.

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

Between 2017 and 2020, three key markets—Germany, Poland, and Czechia—collectively absorbed 57.6% of Austria's total exports in value terms for women's knitted suits, jackets, and dresses.

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

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

Imports women's knitted suits, jackets and dresses to Austria

Imports in kind, K unit

After two years of gains, Austria's imports of women's knitted suits, jackets, and dresses declined in 2020. Imports were recorded at 78 463 thousand units, down by 14.0% from 2019. From 2017 to 2020, imports increased by 10.5%, equating to an annualized rate of 3.4%. The maximum value was reached in 2019 at 91 273 thousand units, with the largest increase of 19.4% occurring in 2018.

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

Over the 2017-2020 period, the geographical structure of Austria's imports in kind was highly diversified. Bangladesh led with 21.2% of imports, followed by China at 14.0%, and Germany at 13.1%. Together, these three countries accounted for only 48.3% of total flows, while the remaining 51.7% was distributed among numerous smaller partner countries.

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

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

Imports in value, M $ US

Following a two-year gain, Austria's import volume of women's knitted suits, jackets, and dresses declined in 2020. Import volume amounted to 544.8 million US dollars, which is 8.8% smaller year-over-year. Over the 2017-2020 period, imports increased by 15.7%, with a compound annual growth rate of 5.0%. The peak was recorded in 2019 at 597.6 million US dollars, with the largest increase of 14.5% also in that year.

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

From 2017 to 2020, Austria's imports in value terms of women's knitted suits, jackets, and dresses were spread across many countries. Bangladesh accounted for 16.7% of imports, China for 15.6%, and Germany for 14.4%. Jointly, these three countries represented only 46.7% of total flows.

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

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