Apparel Online Bangladesh Magazine January Issue 2019 | Page 74

STATISTICAL ROUNDUP - 2018
AR Forecast: Amidst economic challenges, EU to remain
positive in its apparel import
January to December 2018*
European Union is on its way to conclude the year with better import value than it witnessed in 2017, all thanks to Bangladesh
which is fiercely rising in the European market and outperforming even China as far as year-wise growth is concerned.
However, 2018 was not so easy for the countries which cater to the European market due to global economic challenges, and
unstable currency. The volume of apparel will be upped by 2.04% as compared to the prior-year, while due to low unit prices
the value of import will rise but not hamper Euro spending on the same.
Global apparel imports by the
European Union: January to
December 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
2.21%
2.04 %
Change in Value
0.36 %
T-SHIRTS SWEATERS TROUSERS
Volume
(2.87%) Volume
(-1.55%) Volume
(1.25%)
Value
(-2.75%) Value
(1.23%) Value
(-0.13%)
Value rises
2.51%
Volume falls
FACT: EU continues to be the largest
apparel importer in the world.
UVR change in apparel imported by
EU (3-year comparison)
Change in UVR
1.69 %
Jan.-Dec. ’18
€ 16.89
(Average UVR in the review
period is expected to be € 16.89
as against € 17.18 in the same
period last year)*
Jan.-Dec. ’17
€ 17.18
Jan.-Dec. ’16
€ 18.28
Change in Knitted Segment
Quantity
1.26 %
Value
0.09 %
Change in Woven Segment
Quantity Value
3.06 % 0.63 %
Jan-18
7.79
Feb-18
6.40
Mar-18
31.84%
6.38
Apr-18 5.85
May-18 5.68
Jun-18
6.21
Jul-18
19.16%
8.34
Aug-18
8.86
Sep-18
7.81
Oct-18*
11.72%
6.50
Nov-18*
6.10
Dec-18*
6.30
0
[The information has been extracted
from EU custom site and further analysed.]
Value-wise share to EU by top exporters
(Jan.-Dec. 2018)*
Month-wise EU apparel import trend
1
2
3
4
5
6
(Value in € billion)
* Data from Jan.-Sep. 2018 is officially available, whereas data for Oct.-Dec. 2018 is tentative.
74 Apparel Online Bangladesh | January 2019 | www.apparelresources.com
7
8
9
5.90%
3.89%
10
China
Vietnam
India
Bangladesh
Turkey
India