Apparel Online India Magazine January 1st Issue 2019 | Page 55

TRADE STATISTICS 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 2.05% 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-December 2018* Change in Quantity 2.04 % Apparel imports of the EU: Selected Countries (Qty in mn Kg & Value in mn Euro) Jan.-Dec. 2017 Country/ Category Jan.-Dec. 2018* % Change Qty Value Qty Value Qty Value Knitted 2722.17 41341.98 2756.51 41379.65 1.26 0.09 Woven 2078.00 41113.89 2141.63 41371.61 3.06 0.63 Total 4800.17 82455.87 4898.14 82751.26 2.04 0.36 Knitted 932.18 12813.09 865.58 12401.69 -7.15 -3.21 Woven 848.85 14504.44 813.37 13950.71 -4.18 -3.82 1781.03 27317.53 1678.95 26352.40 -5.73 -3.53 Knitted 165.26 2632.64 161.43 2530.58 -2.32 -3.88 Woven 95.99 2414.38 95.70 2356.00 -0.30 -2.42 261.25 5047.03 257.13 4886.58 -1.58 -3.18 Knitted 722.70 8967.21 783.19 9186.42 8.37 2.44 Woven 414.82 6442.13 461.53 6669.98 11.26 3.54 1137.52 15409.34 1244.72 15856.39 9.42 2.90 Knitted 45.68 931.30 45.79 915.43 0.22 -1.70 Woven 25.21 609.50 25.66 615.91 1.80 1.05 Total 70.89 1540.80 71.44 1531.34 0.79 -0.61 Knitted 113.02 1215.25 120.62 1243.65 6.72 2.34 Woven 107.59 1484.50 112.42 1454.43 4.49 -2.03 Total 220.61 2699.74 233.04 2698.08 5.63 -0.06 WORLD CHINA Change in Value 0.36 % Total INDIA Total BANGLADESH Change in UVR 1.69 % (Average UVR in the review period is expected to be € 16.89 as against € 17.18 in the same period last year) Total SRI LANKA PAKISTAN VIETNAM Knitted 48.32 994.78 51.58 1042.80 6.74 4.83 Woven 90.84 2163.26 101.19 2183.12 11.39 0.92 139.16 3158.04 152.77 3225.93 9.78 2.15 Total Change in Knitted Segment Quantity 1.26 % Value 0.09 % 7.79 Jan-18 6. 40 Feb-18 5.85 Apr-18 Quantity Value 3.06 % 0.63 % 5.68 Jun-18 6.21 Jul-18 19.14% 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.] 31.87% 6.38 Mar-18 May-18 Change in Woven Segment Value-wise share to EU by top 5 apparel exporters (Jan.-Dec. 2018)* Month-wise EU apparel import trend 1 2 3 4 5 6 (Value in € billion) 7 8 9 5.89% 3.89% 10 China Vietnam India Bangladesh Turkey India * Data from Jan.-Sep. 2018 is officially available, whereas data for Oct.-Dec. 2018 is tentative. www.apparelresources.com | JANUARY 1-15, 2019 | Apparel Online India 55