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

Earlier Report Observations

The market for women's knitted suits, jackets and dresses in Portugal showed significant volatility between 2018 and 2021. In physical terms, market volume surged by 41% to 82.7 million units in 2019, before collapsing by 45% to 45.9 million units in 2020. A partial recovery followed in 2021, with volume rising 15% to 52.6 million units.

In value terms, the market's trajectory differed, indicating shifts in product mix or average prices. While 2019 saw only a 3% increase to $538.5 million despite the large volume gain, the 2020 decline was milder at 9% to $487.8 million. The 2021 rebound was stronger in value, jumping 31% to $640.2 million, suggesting a move towards higher-value items or price increases.

This movement was driven by changes in domestic production, imports, and exports. Domestic production fell sharply in 2020 but recovered in 2021, while import volumes followed a similar pattern. Exports declined from 2018 to 2020, reducing the outflow of goods and partly cushioning the 2020 market contraction.

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

In value, 2018-2021, M $ US

After two consecutive years of decline, Portugal's production of women's knitted suits, jackets, and dresses rebounded. In 2021, output reached 776.1 million US dollars, marking a significant 35.4% increase compared to the previous year. Over the period from 2018 to 2021, production grew by 15.4%, which translates to an annualized growth rate of 4.9%. The lowest value was recorded in 2020 at 573.4 million US dollars, with the largest decline of 8.7% occurring that same year.

Annual dynamics of production in Portugal in value, 2018-2021, M $ US

In kind, 2018-2021, K unit

In 2021, Portugal produced 56 612 thousand units of women's knitted suits, jackets, and dresses, representing a 27.1% improvement from 2020. However, between 2018 and 2021, overall production decreased by 21.4%, equating to an annualized decline of 7.7%. The minimum output was recorded in 2020 at 44 552 thousand units, while the peak occurred in 2019 with 79 798 thousand units. The most substantial drop of 44.2% was observed in 2020.

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

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

Exports in kind, K unit

Following a two-year downturn, Portugal's exports of women's knitted suits, jackets, and dresses saw a resurgence. In 2021, exports totaled 25 294 thousand units, reflecting a sharp year-over-year increase of 45.7%. Despite this recent growth, exports decreased by 26.1% from 2018 to 2021, with an annualized decline of 9.6%. The lowest export volume was recorded in 2020 at 17 357 thousand units, and the largest decline of 35.0% occurred in 2019.

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

From 2018 to 2021, Spain, France, and Germany were the primary destinations for Portugal's exports of women's knitted suits, jackets, and dresses in kind. Spain accounted for 54.4% of exports, followed by France at 8.3% and Germany at 6.6%. Together, these three countries represented 69.3% of total export flows during this period.

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

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

Exports in value, M $ US

After two years of contraction, Portugal's exports of women's knitted suits, jackets, and dresses in value terms rebounded. In 2021, exports amounted to 277.9 million US dollars, showing a steep 37.0% increase from the previous year. Over the 2018-2021 period, however, exports decreased by 8.3%, with a compound annual growth rate (CAGR) of -2.8%. The minimum value was recorded in 2020 at 202.8 million US dollars, and the largest decline of 21.9% occurred in 2019.

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

Between 2018 and 2021, Spain, France, and Germany remained the top buyers of women's knitted suits, jackets, and dresses from Portugal in value terms. Spain led with 37.7% of exports, followed by France at 11.6% and Germany at 8.8%. Collectively, these three markets accounted for 58.1% of total export value during this timeframe.

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

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

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

Imports in kind, K unit

In 2021, Portugal's imports of women's knitted suits, jackets, and dresses in kind amounted to 21 286 thousand units, representing a notable 13.9% rise compared to the previous year. From 2018 to 2021, imports increased by 2.9%, with an annualized growth rate of 1.0%. The lowest import volume was recorded in 2020 at 18 682 thousand units, while the peak occurred in 2019 with 25 168 thousand units. The largest decline of 25.8% was in 2020, and the largest increase of 21.7% was in 2019.

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

From 2018 to 2021, Spain, France, and Germany formed the main cluster of markets for Portugal's imports of women's knitted suits, jackets, and dresses in kind. Spain accounted for 56.0% of imports, followed by France at 11.1% and Germany at 7.9%. Together, these three countries represented 75.0% of total import flows during this period.

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

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

Imports in value, M $ US

After two consecutive years of decline, Portugal's imports of women's knitted suits, jackets, and dresses in value terms increased. In 2021, imports reached 142.0 million US dollars, marking a strong 21.1% rise compared to 2020. However, over the 2018-2021 period, imports decreased by 7.7%, with an annualized decline of 2.6%. The minimum value was recorded in 2020 at 117.2 million US dollars, and the largest decline of 20.4% occurred that same year.

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

Over the 2018-2021 period, Spain, Italy, and France stood out as the main markets for Portugal's imports of women's knitted suits, jackets, and dresses in value terms. Spain accounted for 53.1% of imports, while Italy and France each represented 12.0%. Together, these three markets comprised 77.1% of total import flows during this timeframe.

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

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