The market is dominated by foreign suppliers, as imports account for 64.9% of total market size in 2022. Households drive market demand, with household spending representing 90.6% of total demand in 2022. Italy has the second largest market size for knitted and crocheted articles regionally, with demand reaching USD8.2 billion in 2022. The total number of companies decreases in 2022, to 9,594 units. The costs of the industry increase by 0.5% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 6.4% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 69.4% of total production output. With production value of USD8.1 billion, Italy accounts for 37.3% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Knitted and Crocheted Articles in Italy: ISIC 173. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Knitted and Crocheted Articles in Italy: ISIC 173 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of cordage, rope, twine and netting, finishing of textiles, made-up textile articles, spinning of textile fibers; weaving of textiles, tanning and dressing of leather, and technical textiles, labels, badges and other textile products.
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