Apparel Online India Magazine September 1st Issue 2018 | Page 48
TRADE STATISTICS
EU clothing imports up; China surpasses Bangladesh in May
January to May 2018
European Union witnessed surge in the clothing demand during the first 5 months of 2018. As a result, imports have gone
up in the period, while with the help of low unit prices, the Union marked a significant drop in values. Particularly in May,
Bangladesh (€ 1.22 billion) was surpassed by China (€ 1.31 billion) in apparel exports to EU as the latter successfully
restricted itself from repeating April month’s performance where Bangladesh clocked € 1.44 billion while China’s exports
could just hit € 1.15 billion. Bangladesh noted over 15 per cent drop in May as compared to April this year which surely is not
a good sign for the country.
Global apparel imports by the
European Union: January to May
2018
Percentage change in top 3 product
categories imported by EU
Percentage change in India’s top
product category (T-shirts) to EU
Change in Quantity
6.62 %
Change in Value
2.10 %
1.69%
T-SHIRTS SWEATERS TROUSERS
Volume
(5.63%) Volume
(8.06%) Volume
(7.82%)
Value
(-3.38%) Value
(-3.44%) Value
(-1.16%)
Value falls
2.47%
Volume rises
FORECAST: Germany’s apparel market
size is expected to reach US $ 62.70
billion by 2022.
UVR change in apparel imported by
EU (3-year comparison)
Change in UVR
8.20 %
US $
62.70
billion
by 2022
Jan.-May 2018
€ 17.01
(Average UVR in the review period
was Euro 17.01 per kg of fabric
equivalent as against Euro 18.53 in
the same period last year)
Jan.-May 2017
€ 18.53
Jan.-May 2016
€ 18.17
Change in Knitted Segment
Quantity
5.22 %
Value-wise share to EU by top exporters
(Jan.-May 2018)
Month-wise EU apparel import trend
Value
2.72 %
7.79
Jan-18
27.19%
6.40
Feb-18
Change in Woven Segment Mar-18
Quantity Value Apr-18
8.32 % 1.53 %
6.38
5.85
12.56%
5.68
May-18
0
[The information has been extracted
from EU custom site and further analyzed.]
21%
1
2
3
4
5
6
(Value in € billion)
48 Apparel Online India | SEPTEMBER 1-15, 2018 | www.apparelresources.com
7
8
9
7.38%
3.75%
10
China
Vietnam
India
Bangladesh
Turkey
India