Apparel Online Bangladesh Magazine February Issue 2019 | Page 62

TRADE STATISTICS EU apparel import about to conclude 2018 on positive note; China and India set to fall January to November 2018 Owing to rising consumer demand for apparels in European market, the 28-nation bloc is expected to increase its sourcing from the Asian countries in 2018 surpassing its own data in 2017. However, China – the Asian superpower in manufacturing, declined both in values and volumes till November by (-) 1.96 per cent and (-) 5.76 per cent respectively, and is unlikely to regain in December. India too fell short of what it had achieved from its exports to EU in the same period last year, while Bangladesh and Vietnam continued surging indicating both the countries have managed to capture the shift from China. Global apparel imports by the European Union: January to November 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 3.44 % Change in Value 2.22 % 4.80% T-SHIRTS SWEATERS TROUSERS Volume (3.98%) Volume (5.27%) Volume (3.88%) Value (-1.47%) Value (5.06%) Value (1.64%) Value rise 13.21% Volume rise Fact: Apparel manufacturing in EU is worth € 67 billion UVR change in apparel imported by EU (3-year comparison) Change in UVR 1.17 % Jan.-Nov. 2018 € 16.98 (Average UVR in the review period was Euro 16.98 per kg of fabric equivalent as against Euro 17.18 in the same period last year.) Jan.- Nov. 2017 € 17.18 Jan.- Nov. 2016 € 17.34 Change in Knitted Segment Quantity 2.74 % Value 2.13 % Change in Woven Segment Jan-18 7.79 Feb-18 6.40 Mar-18 31.85% 6.38 Apr-18 5.85 May-18 5.68 Jun-18 6.21 19.38% Jul-18 Quantity Value 4.35 % 2.32 % 8.34 Aug-18 8.86 Sep-18 11.60% 7.81 Oct-18 7.87 Nov-18 7.13 0 [The information has been extracted from EU custom site and further analysed.] Value-wise share to EU by top exporters (Jan.-Nov. 2018) Month-wise EU apparel import trend 1 2 3 4 5 6 (Value in € billion) 62 Apparel Online Bangladesh | FEBRUARY 2019 | www.apparelresources.com 7 8 9 5.87% 3.93% 10 China Vietnam India Bangladesh Turkey India