Apparel Online India Magazine May 1st Issue 2018 | Page 48

TRADE STATISTICS
EU apparel imports see decline in unit prices
January 2018
The European Union kicked off 2018 by noting a considerable surge of 11.62% in volumes. Markedly, unit prices fell
drastically to Euro 17.51 as compared to Euro 19.08 in the same month of the prior year indicating that major apparel
exporters to EU are reducing their margins in order to stay relevant and cost-competitive. Bangladesh emerges as
the biggest beneficiary as the data shows; it absorbed most of the shifting apparel manufacturing business from
China. India and Pakistan too are posting surge in their respective apparel exports to the Union which makes the
situation even tougher for Vietnam as far as the European market is concerned.
Global apparel imports by the
European Union: January 2018
Top 3 product categories imported by
EU
India’s top product category
(T-shirts) to EU
Change in Quantity
8.86%
11.62 %
Change in Value
2.45 %
T-SHIRTS SWEATERS TROUSERS
Volume
(11.20%) Volume
(17.00%) Volume
(13.24%)
Value
(1.87%) Value
(4.23%) Value
(3.37%)
UVR change in apparel imported by EU
(3-year comparison)
Value rises
12.63%
Volume rises
FACT: Bangladesh is the top denim
exporter to EU
Change in UVR
8.23 %
January 2018
€ 17.51
(Average UVR in the review period
was Euro 17.51 per kg of fabric
equivalent as against Euro 19.08 in
the same period last year)
January 2017
€ 19.08
January 2016
€ 18.59
Change in Knitted Segment
Quantity
10.56 %
Value
2.09 %
FACT: The United Kingdom has the
largest clothing market in Europe,
with an expected value of US $ 77
billion by 2020.
Value-wise share to EU by top exporters
(January 2018)
33.78%
Change in Woven Segment
Quantity Value
12.94 % 2.79 %
[The information has been extracted
from EU custom site and further analyzed.]
18.80%
US $ 77
billion
6.05%
3.98%
3.32% India
Pakistan India
2020
48 Apparel Online India | MAY 1-15, 2018 | www.apparelresources.com
China
Vietnam
Bangladesh