Get this report today!
Table of Contents
EU clothing imports soared in value by 18.3% to a record high of Euro66.93 bn (US$91.20 bn) in
the 12 months ending June 30, 2011. In volume terms, however, imports grew by a much slower 4.7%
to 4.42 mn tons, and remained below the levels seen in 2007 and 2008. The 18.3% rise in import
value was due mainly to a 13.0% increase in the average import price, which took the price to its
highest level since 2002. The price increase was itself caused by a hike in the cost of raw
materials—and raw cotton in particular.
Rises in import values were observed in all but two of the EU’s 27 member states—the exceptions
being Greece and Slovenia. But there were falls in import volumes in 11 member states. Increases in
import prices, meanwhile, extended to 23 member states.
In 2011 as a whole, demand for clothing (excluding footwear) will rise in all the 19 key EU economies
as the region recovers from the global economic downturn. However, demand in these economies will
continue to be weak between 2011 and 2015. Declines in demand are forecast for five countries, and
only in three countries will demand growth average more than 5% per annum.
EU clothing imports were up in value from all of the ten leading supplying countries during the 12
months ending June 30, 2011. Imports from nine of the ten were also up in volume—the exception being
China remained by far the EU’s largest clothing supplying country during the 12-month period with
a 44.5% share of EU clothing imports from all sources in value terms and a 50.3% share in volume.
However, China’s value share rose only slightly while its volume share fell.
The three best performing supplying countries, Bangladesh, Pakistan and Vietnam, were low price
suppliers and all three gained share at the expense of four higher price suppliers, namely Turkey,
India, Tunisia and Sri Lanka. In fact, these four suppliers lost market share in both value and volume
Talk to Alison
00 1 718 618 48 97
The Largest Collection of Market Research Reports
From +200,000 authoritative sources
The industry report package Bed Linen Markets in the World to 2017 - Market Size, Trends, and Forecasts offers the most up-to-date perspective on the actual market situation, trends, and future outlook ...
The industry report package Bed Linen Markets in Americas to 2017 - Market Size, Trends, and Forecasts offers the most up-to-date perspective on the actual market situation, trends, and future outlook ...
The industry report package Bed Linen Markets in the top 10 global countries to 2017 - Market Size, Trends, and Forecasts offers the most up-to-date perspective on the actual market situation, trends, ...
... A manually powered machine The introduction of steam power to cotton spinning allowed for a huge expansion of the industry with cotton mills being built across the u.K. Where did it start ...
... textile industry emerged to become key enabler for new automotive applications smart textiles industry must Develop innovative garment that has special sensor features Develop textile surface structure ...
Reportlinker.com © Copyright 2013. All rights reserved.