Apparel Online Bangladesh Magazine October Issue 2018 | Page 50

TRADE STATISTICS H1 ’18 makes dent in the Chinese shipment to EU; Y-o-Y share reduces to 27.50% from 29.70% January to June 2018 The first half of 2018 showed a sign of recovery as far as volume-wise apparel import of EU is concerned. The main reason behind the decent jump in volumes (5.26%) was the fall in unit prices that pushed European buyers to capitalise on the same by placing more orders in countries like Bangladesh, Turkey, Pakistan and Vietnam, while India’s struggle in European market continued. Notably, China felt massive dents in its export values as share in the EU clothing market reduced to 27.50 per cent in H1 ’18 from 29.70 per cent in H1 ’17. Global apparel imports by the European Union: January to June 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 5.26 % Change in Value 2.00 % 1.98% T-SHIRTS SWEATERS TROUSERS Volume (4.56%) Volume (6.55%) Volume (7.07%) Value (-3.66%) Value (-3.21%) Value (-0.67%) Change in UVR Jan.-Jun. 2018 € 17.02 (Average UVR in the review period was Euro 17.02 per kg of fabric equivalent as against Euro 18.28 in the same period last year) Jan.- Jun. 2017 € 18.28 Jan.- Jun. 2016 € 18.00 Change in Knitted Segment Quantity 4.00 % Change in Woven Segment Quantity Value 6.83 % 1.45 % Jan-18 3 rd Largest Apparel Importer 7.79 Feb-18 27.50% 6.40 Mar-18 6.38 Apr-18 20.89% 5.85 May-18 5.68 Jun-18 12.48% 6.21 0 [The information has been extracted from EU custom site and further analyzed.] Volume rises Value-wise share to EU by top exporters (Jan.-Jun. 2018) Month-wise EU apparel import trend Value 2.56 % 16.62% FACT: UK is the 3rd largest apparel importer of Bangladeshi RMG products. UVR change in apparel imported by EU (3-year comparison) 6.90 % Value rises 1 2 3 4 5 6 (Value in € billion) 50 Apparel Online Bangladesh | October 2018 | www.apparelresources.com 7 8 9 7.25% 3.78% 10 China Vietnam India Bangladesh Turkey India