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

Earlier Report Observations

From 2018 to 2024, the market for women's knitted suits, jackets, and dresses in Denmark experienced notable fluctuations in volume. Market size grew from 20,064 thousand units in 2018 to a peak of 25,089 thousand units in 2021. This growth was primarily driven by increased activity in the local fashion sector, including investments in emerging Danish designers and the launch of new retail stores in 2020, which expanded product availability and stimulated consumer demand. The return of established designers with collections featuring leather looks and draped silhouettes in 2021 further boosted market volume.

Fashion trends, such as the popularity of cycling culture and utility-inspired jumpsuits in 2018-2019, along with a focus on knitwear and pastel tones highlighted during Copenhagen Fashion Week in 2022, consistently shaped consumer preferences. However, these trends did not always correspond directly to overall market expansion; for example, in 2022, market volume saw a modest decline to 24,542 thousand units despite the prevailing fashion influences.

In 2023, market volume contracted sharply to 12,618 thousand units. By 2024, it rebounded to 20,947 thousand units, indicating a recovery in domestic consumption. The dynamics of imports and exports throughout the period reflected these shifts in internal demand and supply.

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

In value, 2018-2021, K $ US

In Denmark, the production value of women's knitted suits, jackets, and dresses reached 18 193 thousand US dollars in 2021, representing a significant year-over-year decline of 37.4%. Over the 2018-2021 period, production decreased by 20.4%, with a compound annual growth rate (CAGR) of -7.3%. The highest value was recorded in 2020 at 29 072 thousand US dollars, which also saw the largest increase of 59.3%.

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

In kind, 2018-2021, K unit

Market behavior showed considerable volatility during these years. In 2021, Denmark produced 997 thousand units of women's knitted suits, jackets, and dresses, marking a sharp drop of 66.2% compared to the previous year. The peak was in 2020 with 2 945 thousand units, which also experienced the largest increase of 90.4%. The fluctuation from 2020 to 2021 showed a threefold difference between the highest and lowest points.

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

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

Exports in kind, K unit

Following a two-year decline, Denmark's exports of women's knitted suits, jackets, and dresses rebounded in 2021, reaching 29 327 thousand units—a steep increase of 35.2% over the previous year. Over the 2018-2021 period, exports grew by 18%, with a CAGR of 5.7%. The lowest point was in 2020 at 21 695 thousand units, which also saw the largest decline of 11.6%.

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

From 2018 to 2021, Germany, the Netherlands, and Sweden were the principal buyers of women's knitted suits, jackets, and dresses from Denmark, accounting for 33.3%, 10.4%, and 8.9% of exports in kind, respectively. Together, these three countries represented 52.6% of Denmark's total exports in this category.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Denmark in kind, 2018-2021

Exports in value, M $ US

After a two-year reduction, Denmark's exports of women's knitted suits, jackets, and dresses increased in 2021, totaling 366.2 million US dollars—a 45.1% rise compared to the previous year. Over the 2018-2021 period, exports grew by 19.4%, with a CAGR of 6.1%. The lowest value was recorded in 2020 at 252.4 million US dollars, while the largest decline occurred in 2019 at 11.1%.

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

Between 2018 and 2021, Germany, Sweden, and the Netherlands were the primary buyers of women's knitted suits, jackets, and dresses from Denmark in value terms, with shares of 30.6%, 11.2%, and 11.0%, respectively. Collectively, these three markets accounted for 52.9% of Denmark's total export value in this sector.

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

World map of product's exports from Denmark in value, 2018-2021

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

Imports in kind, K unit

Imports of women's knitted suits, jackets, and dresses into Denmark increased in 2021 after a two-year decrease, amounting to 53 419 thousand units—a sharp rise of 41.4% over the previous year. Over the 2018-2021 period, imports grew by 23.8%, with a CAGR of 7.4%. The lowest volume was in 2020 at 37 778 thousand units, which also experienced the largest decline of 8.3%.

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

From 2018 to 2021, China, Bangladesh, and Turkey were the main suppliers of women's knitted suits, jackets, and dresses to Denmark in kind, contributing 33.9%, 21.2%, and 10.1% of imports, respectively. Together, these three countries made up 65.1% of Denmark's total imports in this category.

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

World map of product's imports to Denmark in kind, 2018-2021

Imports in value, M $ US

Denmark's imports of women's knitted suits, jackets, and dresses rose in 2021 following a two-year drop, reaching 439.9 million US dollars—a 45.0% increase compared to the previous year. Over the 2018-2021 period, imports grew by 26.3%, with a CAGR of 8.1%. The lowest value was in 2020 at 303.4 million US dollars, while the largest decline occurred in 2019 at 9.0%.

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

Between 2018 and 2021, China, Germany, and Bangladesh were the key suppliers of women's knitted suits, jackets, and dresses to Denmark in value terms, with shares of 29.4%, 13.2%, and 10.7%, respectively. These three countries together comprised 53.2% of Denmark's total import value in this sector.

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

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