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

Earlier Report Observations

The market for women's knitted suits and dresses in Greece expanded in 2019, with volume rising by 15% to 22.2 thousand units and value increasing by 6% to $115.8 million. This growth was followed by a sharp contraction in 2020, as volume fell by 35% to 14.4 thousand units and market value dropped by 30% to $80.6 million.

After 2020, production data is not reported, but trade flows indicate a continued downturn. Imports declined from a peak of 96.6 thousand units in 2019 to 29.5 thousand units in 2024, while exports fell from 79.0 thousand units to 6.9 thousand units over the same period.

The pre-2020 market was heavily import-dependent, with imports substantially exceeding domestic production. The sustained reduction in both import and export volumes after 2019 reflects a significant contraction in trade activity for this product category in Greece.

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

In value, 2017-2020, K $ US

After two consecutive years of growth, Greece's production of women's knitted suits, jackets, and dresses experienced a decline. In 2020, the output was valued at 48 572 thousand US dollars, marking a 20.6% decrease compared to 2019. Over the period from 2017 to 2020, production fell by 15.4%, which translates to an annualized decline rate of 5.4%. The peak value was recorded in 2019 at 61 197 thousand US dollars, with the largest annual increase of 3.3% also occurring that year.

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

In kind, 2017-2020, K unit

In 2020, Greece produced 3 890 thousand units of women's knitted suits, jackets, and dresses, representing a 15.5% drop from 2019. From 2017 to 2020, production decreased by 7.3%, averaging an annual decline of 2.5%. The highest production level was in 2019, with 4 603 thousand units, and the largest annual increase of 13.3% was also recorded that year.

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

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

Exports in kind, K unit

The market performance showed significant fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 4.7-fold difference between these years. In 2020, Greece exported 33 129 thousand units of women's knitted suits, jackets, and dresses, which was a sharp 58.1% decrease compared to 2019. The maximum export volume was in 2019 at 78 986 thousand units, and the largest annual increase of 121.9% occurred in 2018.

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

From 2017 to 2020, three main markets—Italy, Bulgaria, and Hungary—collectively accounted for 72.1% of Greece's total exports of women's knitted suits, jackets, and dresses in volume terms.

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, M $ US

Following two years of growth, Greece's exports of women's knitted suits, jackets, and dresses in value terms declined. In 2020, exports amounted to 116.8 million US dollars, down 26.2% from the previous year. Over the 2017-2020 period, exports increased by 29.8%, with a compound annual growth rate of 9.1%. The highest value was recorded in 2019 at 158.2 million US dollars, and the largest annual increase of 50.4% also took place that year.

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

Between 2017 and 2020, Germany, the United Kingdom, and Italy were the leading destinations for Greece's exports in value terms, with shares of 20.5%, 15.0%, and 14.7%, respectively. Together, these three countries accounted for 50.2% 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 suits, jackets and dresses to Greece

Imports in kind, K unit

The data indicates irregular changes, reflecting a volatile market environment. Imports hit their lowest point in 2017 and reached their peak in 2019, with a 3.3-fold difference between these years. In 2020, Greece imported 43 612 thousand units of women's knitted suits, jackets, and dresses, which was 54.8% lower than in 2019. The maximum import volume was in 2019 at 96 576 thousand units, and the largest annual increase of 82.8% was also recorded that year.

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

Throughout 2017-2020, China, Bulgaria, and Spain were the key sources for Greece's imports in volume terms, with shares of 60.1%, 10.7%, and 5.3%, respectively. Combined, these three countries made up 76.1% of total import flows.

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, M $ US

After two years of increase, Greece's imports of women's knitted suits, jackets, and dresses in value terms fell. In 2020, imports totaled 148.9 million US dollars, a 30.1% decrease year-over-year. From 2017 to 2020, imports rose by 7.7%, averaging an annual growth rate of 2.5%. The peak value was in 2019 at 212.8 million US dollars, and the largest annual increase of 37.1% also occurred that year.

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

From 2017 to 2020, the three largest markets—China, Bulgaria, and Spain—dominated Greece's imports in value terms, together accounting for 50.9% of total flows.

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

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