Apparel Online Bangladesh Magazine December Issue 2018 | Page 64

TRADE STATISTICS EU apparel import from China falls; Bangladesh, Vietnam gain January to August 2018 European Union experienced growth in both volumes and values of its apparel import during the 8-month period of 2018. India marked considerable decline in its volume-wise exports to EU despite unit prices falling significantly. Bangladesh, Vietnam and Turkey were the countries among top exporters that noted boost in their respective exports to EU in the said period. The remaining period of 2018 is expected to perform better within the European apparel market. Global apparel imports by the European Union: January to August 2018 Percentage change in top 3 product categories imported by EU Percentage change in Bangladesh’s top product category (Trousers) to EU Change in Quantity 3.91 % Change in Value 0.37 % 3.38% T-SHIRTS SWEATERS TROUSERS Volume (4.29%) Volume (4.74%) Volume (4.95%) Value (-2.49%) Value (1.94%) Value (0.62%) Value rises 14.96% Volume rises FACT: Average annual spending on clothes per capita in Denmark is € 800. UVR change in apparel imported by EU (3-year comparison) Change in UVR 3.44 % Jan. - Aug. 2018 € 17.11 (Average UVR in the review period was Euro 17.11 per kg of fabric equivalent as against Euro 17.72 in the same period last year) Jan. - Aug. 2017 € 17.72 Jan. - Aug. 2016 € 17.58 Change in Knitted Segment Quantity 2.87 % Value-wise share to EU by top exporters (Jan.-Aug. 2018) Month-wise EU apparel import trend Value 0.09 % Jan-18 7.79 Feb-18 Mar-18 Change in Woven Segment Quantity Value 5.21 % 0.63 % 6.38 Apr-18 5.85 May-18 5.68 Jun-18 19.85% 6.21 Jul-18 11.94% 8.34 Aug-18 8.86 0 [The information has been extracted from EU custom site and further analysed.] 30.35% 6.40 1 2 3 4 5 6 (Value in € billion) 64 Apparel Online Bangladesh | December 2018 | www.apparelresources.com 7 8 9 6.54% 3.83% 10 China Vietnam India Bangladesh Turkey India