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Trends in EU textile and clothing imports, July-August 2008
published in Issue 136, July-August 2008
This report examines trends in EU25 imports and import prices for 12 major product categories: cotton yarn; fabrics woven from synthetic staple fibres; fabrics woven from synthetic filament yarn; T-shirts; pullovers; trousers; womenís blouses; menís shirts; womenís overcoats; womenís dresses; womenís skirts; and womenís suits.
Overall, EU27 textile and clothing imports rose in value by 4.5% in 2007, reaching Euro80.38 bn (US$110.04 bn). In volume terms, imports rose by a faster 6.4%, indicating a decline in the average import price. Textile imports alone were up by 4.1% while clothing imports increased by 4.7%.
The downward trend in prices returned in 2007 following a year in which prices rose for the first time in several years. Competition among suppliers has intensified in recent years as trade liberalisation has progressed and import prices have dropped. The price rise in 2006 was due largely to perceived supply shortages following the implementation of safeguard quotas against China in the previous year. But with safeguards not fully utilised, buyers returned to China in 2007 and other Asian suppliers had to lower their prices in order to compete for orders.
Despite the overall price drop in 2007, a number of suppliers increased their prices in order to retain or gain market share in value, and cover costs. In fact, apart from the USA, only Asian producers cut prices. Exporters from Turkey, Africa, the Near and Middle East, European countries outside the EU and several countries in the Americas all increased their prices.
Six times a year, Textile Outlook International provides up to 200 pages of intelligence, expert analysis and insight on the global textile and clothing industry.
What's in it? Each issue provides an authoritative source of information on key industry topics, including: circularity; cotton; environmental sustainability; fibre prices; innovation; production and consumption forecasts; imports and exports; industry giants and emerging brands; international trade fairs; key geographical markets; recommerce; retail; supply chains; textile and clothing trade; textile machinery; trade and production trends; world markets; and yarn and fabric manufacturing.
A single issue of Textile Outlook International includes:
an editorial think-piece on a topical issue from an industry expert a report on textile and apparel trade and production trends a round-up of the latest international trade fairs a feature on textile and clothing imports and exports or fibre prices, production and consumption a report on a key geographical marketinsight and analysis of a key market leader or fast-growing start-up
An annual subscription to Textile Outlook International is a cost-effective way to keep informed about trends and developments in the global textile and clothing industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication.
Like all Textiles Intelligence publications, Textile Outlook International is a reliable source of independently sourced business information, and it does not carry advertising.
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