Apparel Online Bangladesh Magazine July' 17 | Page 62

TRADE STATISTICS EU’s apparel import upswings in March; Q1 somehow recovers January to March 2017 European Union’s clothing imports have recovered in March over February, with their long-term trend eventually unchanged. Whereas, imports from Bangladesh have surged, but the growth percentage was much weaker than usual in the first quarter. According to Statista, an online statistics, market research and business intelligence portal, EU might see a significant decline in menswear by the year 2020 which might affect the major apparel exporters to EU in this category. ‘Facts and Forecast’ for EU Apparel Industry Global apparel imports by the European Union during January to March 2017 Total Decrease in Quantity 1.74 % 816 mn Total Increase in Value 2.06 % Jan.-Mar. 2016 Qty Change in Knitted Value 1.91 % Change in Woven Quantity 2.82 % CAGR growth by 2025 in EU apparel market Apparel imports of the EU: Selected Countries (Qty in mn Kg & Value in mn Euro) Jan.-Mar. 2017 % increase / decrease Value 1.07 % [The information has been extracted from EU custom site and further analyzed.] Value Qty Value Qty Value WORLD Knitted 618.10 9867.60 612.97 10055.83 -0.83 1.91 Woven 522.44 11126.33 507.73 11006.78 -2.82 -1.07 1140.54 20993.93 1120.70 21062.61 -1.74 0.33 Knitted 196.90 3010.46 191.34 2941.17 -2.83 -2.30 Woven 203.60 3911.17 189.35 3710.22 -7.00 -5.14 Total 400.50 6921.63 380.69 6651.39 -4.95 -3.90 Knitted 41.78 719.46 44.50 753.08 6.51 4.67 Woven 30.32 815.32 28.63 762.10 -5.57 -6.53 Total 72.10 1534.78 73.13 1515.18 1.43 -1.28 Knitted 172.31 2152.64 173.88 2291.52 0.91 6.45 Woven 108.91 1804.14 110.46 1872.59 1.42 3.79 Total 281.22 3956.79 284.34 4164.12 1.11 5.24 Knitted 16.68 230.90 10.44 226.25 -37.39 -2.02 Woven 6.96 165.23 6.33 164.01 -8.94 -0.74 23.64 396.13 16.78 390.26 -29.02 -1.48 Knitted 24.22 261.65 26.03 300.26 7.48 14.76 Woven 26.32 382.79 27.85 418.83 5.79 9.42 Total 50.54 644.44 53.88 719.09 6.60 11.58 Knitted 9.49 208.89 11.64 239.85 22.68 14.82 Woven 22.93 539.89 21.01 544.27 -8.36 0.81 Total 32.42 748.79 32.65 784.12 0.72 4.72 Total 0.83 % Trouser most imported product by EU in 2016 Country/Category Average UVR in Jan.-Mar. 2017 was Euro 18.79 per kg of fabric equivalent Quantity USD 34 average revenue/person from hosiery apparels in 2017 1 % estimated men shirts consumption in 2017 0.33 % Percentage Increase in UVR USD 27.28 average price/pc for women’s apparel in EU USD 147 bn revenue forecast from women’s apparel in 2017 CHINA INDIA BANGLADESH SRI LANKA Total PAKISTAN VIETNAM 62 Apparel Online Bangladesh | JULY 2017 | www.apparelresources.com