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Textile Outlook International
Issue 220:
August 2023

Product Overview
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Reports in this issue
(236 pages)
Editorial: Why are EU and US textile and clothing imports declining? (9 pages)
World textile and apparel trade and production trends: South-East Asia, August 2023 (45 pages)
Survey of the European yarn fairs for autumn/winter 2024/25 (28 pages)
Traceability technologies: applications, market drivers and key innovators (35 pages)
Home textiles: product innovations and business developments, August 2023 (29 pages)
Trends in EU textile and clothing imports, 2023 (73 pages)

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Editorial: Why are EU and US textile and clothing imports declining?

Buy 'Editorial: Why are EU and US textile and clothing imports declining?' now 9 pages, published in Issue 220, August 2023  
Report price: Euro 305.00; US$ 400.00  


The world's two largest textile and clothing import markets--the EU and the USA--staged a strong recovery in 2021 and 2022 in the wake of the COVID-19 pandemic. This reflects the fact that buyers placed big orders based on forecasts of buoyant markets. But the recovery appears to have been short lived. Consumer confidence in the two markets has been massively impacted by sharp increases in commodity prices, energy costs and fuel prices--brought about, primarily, by the war in Ukraine. Living costs surged in the second half of 2022 and consumers began to cut back on their spending on textiles and clothing--leaving many retailers with high inventories. If the cutbacks by consumers persist, buyers will have little choice but to scale back on their purchases. This could have a significant impact on orders placed around the world and, ultimately, imports into the two major markets.

List of contents

    INTRODUCTION

    EU AND US IMPORTS DOWN SHARPLY IN 2023 AS RETAILERS TRY TO CUT INVENTORIES

    HIGHER EU AND US IMPORT PRICES COULD THWART RETAILERS' EFFORTS TO CUT INVENTORIES

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    Product Overview   

    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 market

      insight 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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