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

Earlier Report Observations

The market for women's knitted suits, jackets and dresses in Estonia experienced notable fluctuations in volume between 2018 and 2024. After an initial increase to 2.5 million units in 2019, consumption dipped to 2.2 million units in 2020 before recovering strongly to reach a peak of nearly 2.7 million units in 2022. The following year saw a contraction to 2.4 million units, with a slight rebound to 2.4 million units in 2024.

In value terms, the market displayed a different pattern, with a significant surge in 2021 that lifted the market value to over 19 million dollars. This higher valuation level was largely maintained through 2023, even as physical volume declined. Domestic production fell steadily from 311 thousand units to 91 thousand units over the period, meaning the market was increasingly supplied by imports.

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

In value, 2018-2021, K $ US

Estonia's production of women's knitted suits, jackets, and dresses has declined for the third year in a row. In 2021, the output was valued at 1 735 thousand US dollars, marking a 13.4% decrease from the previous year. From 2018 to 2021, production fell by 38.4%, which translates to an annualized decline of 14.9%.

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

In kind, 2018-2021, K unit

Estonia's production volume of women's knitted suits, jackets, and dresses has dropped for the third consecutive year. In 2021, 117.3 thousand units were produced, reflecting a significant year-on-year decline of 44.3%. Between 2018 and 2021, production decreased by 62.3%, equating to an annualized rate of 27.8%.

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

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

Exports in kind, K unit

After two years of decline, Estonia's exports of women's knitted suits, jackets, and dresses increased in 2021. Exports reached 175 thousand units, showing a slight uptick of 2.3% compared to the previous year. Over the period from 2018 to 2021, exports decreased by 37%, with a compound annual growth rate of -14.3%. The lowest point was in 2020 at 171 thousand units, while the largest decline occurred in 2019 at 23.0%.

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

From 2018 to 2021, Finland, Sweden, and Latvia were the leading destinations for Estonia's exports in kind. Finland accounted for 23.6% of exports, Sweden for 21.8%, and Latvia for 15.6%. Together, these three countries represented 61.1% of total export flows.

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

Following a two-year drop, Estonia's cross-border shipments of women's knitted suits, jackets, and dresses increased in 2021. Exports totaled 4 767 thousand US dollars, a sharp advance of 28.3% relative to the prior year. Over the 2018-2021 period, exports decreased by 8.8%, with a compound annual growth rate of -3.0%. The minimum value was recorded in 2020 at 3 716 thousand US dollars, and the largest decline also occurred in 2020 at 18.7%.

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

In the years 2018 to 2021, Finland, Latvia, and Sweden were the principal destinations for Estonia's exports in value terms. Finland made up 22.9% of exports, Latvia 18.6%, and Sweden 15.0%. Collectively, these three countries accounted for 56.5% 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 women's knitted suits, jackets and dresses to Estonia

Imports in kind, K unit

In 2021, Estonia's imports of women's knitted suits, jackets, and dresses amounted to 2 584 thousand units, up by 21.4% compared to 2020. Between 2018 and 2021, imports increased by 23.6%, equating to an annualized growth rate of 7.3%. The largest decline was recorded in 2020 at 11.3%.

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

Throughout 2018 to 2021, China, Bangladesh, and Poland formed the core group of markets for Estonia's imports in kind. China accounted for 23.7% of imports, Bangladesh for 21.1%, and Poland for 16.1%. Together, these three countries represented 60.9% of total import flows.

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

In 2021, Estonia's imports of women's knitted suits, jackets, and dresses from abroad totaled 22 231 thousand US dollars, representing a sharp uptick of 46.1% compared to the previous year. Over the period from 2018 to 2021, imports increased by 39.2%, with a compound annual growth rate of 11.7%. The minimum value was recorded in 2020 at 15 219 thousand US dollars, and the largest decline also occurred in 2020 at 10.5%.

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

From 2018 to 2021, China, Bangladesh, and Turkey were the largest suppliers of women's knitted suits, jackets, and dresses to Estonia in value terms. China accounted for 26.6% of imports, Bangladesh for 12.3%, and Turkey for 9.5%. Together, these three countries represented 48.4% of total imports, set against a broad background of smaller partners.

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

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