EU: Baby Garment Market 2024

Baby Garment Market Size in the EU

The EU baby garment market shrank to $X in 2023, which is down by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market failed to regain momentum.

Baby Garment Production in the EU

In value terms, baby garment production totaled $X in 2023 estimated in export price. In general, production posted a strong increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

Baby Garment Exports

Exports in the EU

After seven years of growth, overseas shipments of babies garments and clothing accessories (knitted or crocheted) decreased by X% to X units in 2023. Overall, exports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X units in 2022, and then dropped in the following year.

In value terms, baby garment exports shrank to $X in 2023. Over the period under review, exports, however, saw a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2022, and then fell modestly in the following year.

Exports by Country

The Netherlands (X units) and Spain (X units) were the largest exporters of babies garments and clothing accessories (knitted or crocheted) in 2023, recording approx. X% and X% of total exports, respectively. Poland (X units) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Germany (X%) and France (X%). Hungary (X units), Belgium (X units), Portugal (X units), Italy (X units), the Czech Republic (X units), Slovakia (X units) and Slovenia (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hungary (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), Poland ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports. France, the Netherlands, Italy, Portugal, Hungary, the Czech Republic, Belgium, Slovakia and Slovenia lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2023, with an increase of X% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other leaders experienced more modest paces of growth.

Baby Garment Imports

Imports in the EU

In 2023, purchases abroad of babies garments and clothing accessories (knitted or crocheted) decreased by X% to X units for the first time since 2019, thus ending a three-year rising trend. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X units in 2022, and then contracted sharply in the following year.

In value terms, baby garment imports reduced to $X in 2023. Total imports indicated perceptible growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of import peaked at $X in 2022, and then fell in the following year.

Imports by Country

France (X units), Germany (X units), Spain (X units), Poland (X units), Italy (X units) and the Netherlands (X units) represented roughly X% of total imports in 2023. It was distantly followed by Belgium (X units), making up a X% share of total imports. Portugal (X units), Romania (X units), the Czech Republic (X units), Austria (X units), Ireland (X units) and Hungary (X units) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and Spain ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Poland, Italy, the Netherlands, Belgium, Portugal, Austria, Romania, Ireland, the Czech Republic and Hungary lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per unit, approximately mirroring the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the import price increased by X%. The level of import peaked in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Austria ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform