In 2022, global sales for exported hats and similar headgear reached a total of US$15 billion. This figure represents a significant increase of 54.2% since 2018 when the value was $9.75 billion. Compared to 2021, there was a 22.5% rise from $12.3 billion, demonstrating the growing demand for these products.

The primary exporters of hats are mainland China, Vietnam, and Bangladesh. Together, these three countries accounted for nearly 60% (59.5%) of the total global sales for hats in 2022.

Export Breakdown by Hat Material

Hats serve a variety of purposes, from protection against the elements to fashion statements. They are made from various materials, and the following statistics illustrate the global demand based on these materials:

- Knitted or Crocheted Headgear: Comprising 57.3% of global exports, these hats are made from textile fabrics like lace and felt.

- Miscellaneous Headgear: This category accounts for 39.3% of global exports.

- Headgear Assembled from Strips: Representing 3.4% of exports.

- Other Headgear: A minor 0.0002% of global exports.

From a regional perspective, Asian countries led the market, exporting hats worth $9.7 billion or 64.7% of the total. European exporters followed with 28.8%, while North American sellers contributed 5.3%. Latin America and the Caribbean, Africa, and Oceania (primarily Australia and New Zealand) accounted for 0.7%, 0.4%, and 0.2%, respectively.

For research, the Harmonized Tariff System (HTS) codes relevant to hat exports include:

- 650500: Knitted or crocheted headgear.

- 650610: Safety headgear.

- 650699: Miscellaneous headgear.

- 650691: Bathing caps.

- 6504: Headgear made from strips of any material.

Top Countries Exporting Hats in 2022

Here are the top 25 countries by the value of hats exported in 2022:

1. China: $6.7 billion (44.6%)

2. Vietnam: $1.2 billion (8%)

3. Bangladesh: $1 billion (7%)

4. Italy: $744.3 million (4.9%)

5. Germany: $677 million (4.5%)

6. Netherlands: $565.3 million (3.8%)

7. France: $468 million (3.1%)

8. United States: $380.6 million (2.5%)

9. Belgium: $327.9 million (2.2%)

10. Poland: $272.7 million (1.8%)

11. Mexico: $226.6 million (1.5%)

12. Spain: $186.3 million (1.2%)

13. United Kingdom: $155.8 million (1%)

14. Hong Kong: $134.1 million (0.9%)

15. Taiwan: $126.2 million (0.8%)

16. Turkey: $123.2 million (0.8%)

17. South Korea: $119.5 million (0.8%)

18. Denmark: $117.9 million (0.8%)

19. Indonesia: $112.6 million (0.7%)

20. Czech Republic: $103 million (0.7%)

21. Sweden: $95.3 million (0.6%)

22. Canada: $90.1 million (0.6%)

23. Austria: $83.5 million (0.6%)

24. Greece: $78.4 million (0.5%)

25. Cambodia: $75.7 million (0.5%)

These countries collectively accounted for 91.7% of global hat exports in 2022. The fastest-growing exporters since 2018 were Greece (up 654.1%), Cambodia (up 378.4%), Vietnam (up 122.4%), the United States (up 116%), and South Korea (up 96%). Conversely, the United Kingdom, Hong Kong, and Canada saw declines in their export values.

Detailed Export Categories

Knitted/Crocheted, Lace, Felt, and Other Textile Hats

In 2022, the leading exporters of hats made from knitted or crocheted fabric, lace, felt, or other textile materials were:

1. China: $3.7 billion (43%)

2. Vietnam: $833.3 million (9.7%)

3. Bangladesh: $729 million (8.5%)

4. Italy: $443.5 million (5.1%)

5. Germany: $390.1 million (4.5%)

These countries represented 91.9% of textile fabric hats exported in 2022. Notable growth was seen in Greece (up 984.2%), Vietnam (up 193.7%), Cambodia (up 188.6%), Bangladesh (up 138.3%), and Italy (up 110.3%). Hong Kong and the United Kingdom experienced significant declines.

Plaited or Strip-Assembled Hats

The top exporters of hats plaited or assembled from strips in 2022 included:

1. China: $280.7 million (54.9%)

2. Mexico: $41.2 million (8.1%)

3. Italy: $23.2 million (4.5%)

4. United States: $18.6 million (3.6%)

5. Germany: $12.9 million (2.5%)

These countries accounted for 93.5% of this category. Greece (up 1,636%), Sweden (up 538.3%), and Poland (up 352%) saw significant increases, while the United Kingdom and Hong Kong saw declines.

Miscellaneous Headgear

For miscellaneous headgear, the leading exporters in 2022 were:

1. China: $2.7 billion (46%)

2. Germany: $333.1 million (5.6%)

3. Italy: $293.7 million (5%)

4. United States: $282.1 million (4.8%)

5. France: $274 million (4.6%)

These exporters contributed 91.3% of miscellaneous headgear. Greece (up 4,487%), Turkey (up 932.8%), and India (up 172.8%) showed the largest increases, while the United Kingdom and Thailand saw declines.

Conclusion

The global market for hats and headgear saw significant growth in 2022, driven by demand for various types of hats made from different materials. The major exporting countries, particularly in Asia, have demonstrated their dominance in the market. However, shifts in trade patterns highlight emerging players and fluctuating demands.

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