Apparel Online Bangladesh Magazine April Issue 2019 | Page 74

TRADE STATISTICS
Rise in unit prices hampers EU’s apparel import in January ’19
January 2019
Contrary to 2018, EU kicked off 2019 with a decline in its apparel imports in volume-terms marking a significant
rise in values which is not at all a good sign for EU. Unit prices were € 17.50 in January ’18 which rose to € 18.44 in
January ’19, and the biggest contributor to this rising price were Bangladesh, China and Vietnam – the top three Asian
apparel manufacturers. On the other hand, Turkey, which is known for high-end garment manufacturing, surprisingly
dropped unit prices in order to grab more orders coming from EU.
Global apparel imports by the
European Union: January 2019
Percentage change in top 3 product
categories imported by EU
Percentage change in Bangladesh’s
top product category (Trousers) to EU
Change in Quantity
0.23 %
Change in Value
5.14 %
8.02%
T-SHIRTS SWEATERS TROUSERS
Volume
(1.49%) Volume
(-4.07%) Volume
(-0.30%)
Value
(3.78%) Value
(1.04%) Value
(5.16%)
UVR change in apparel imported by
EU (3-year comparison)
Value rises
0.65%
Volume rises
Fact: BREXIT, which was supposed to
happen in March ’19, has now been
postponed to April or May.
Change in UVR
5.37 %
January 2019
€ 18.44
(Average UVR in the review period
was Euro 18.44 per kg of fabric
equivalent as against Euro 17.50 in
the same period last year.)
January 2018
€ 17.50
January 2017
€ 17.25
Change in Knitted Segment
Quantity
0.52 %
Month-wise EU apparel import trend
Value
6.01 %
Change in Woven Segment
Quantity Value
1.14 % 4.31 %
Value-wise share to EU by top exporters
(January 2019)
32.04%
8.21
19.80%
11.45%
January '19
[The information has been extracted
from EU custom site and further analyzed.]
(Value in € billion)
74 Apparel Online Bangladesh | APRIL 2019 | www.apparelresources.com
5.74%
4.23%
China
Vietnam
India
Bangladesh
Turkey
India