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The report “Trends in EU Textile and Clothing Imports 2009 update” available at http://www.reportbuyer.com/
* Cotton yarn
* Fabrics woven from synthetic staple fibres
* Fabrics woven from synthetic filament yarn
* T-shirts
* Pullovers
* Trousers
* Women’s blouses
* Men’s shirts
* Women’s overcoats
* Women’s dresses
* Women’s skirts
* Women’s suits
According to the 61 page report, textile prices rose in 2008, despite an increase in the availability of supplies following the removal of safeguard quotas against China at the end of the previous year. Some suppliers increased their prices in order to maintain revenues in the face of falling sales volumes as the global financial crisis took hold. However, many suppliers have been moving to higher value products.
Overall, EU textile and clothing imports rose in value by just 0.2% in 2008, reaching Euro80.46 bn (US$117.65 bn). However, the overall figure conceals the fact that clothing imports alone were up by 2.4% in value while textile imports declined by 5.7%.
Eight of the ten largest textile and clothing suppliers to the EU raised their prices in 2008. Among these, the average price of imports from Vietnam rose by a significant 49%. However, this was exceptional, and other increases were more moderate. In the first three months of 2009, all of the ten largest suppliers raised their prices at a time when volumes were declining.
EU imports of Chinese dresses, pullovers, trousers, T-shirts and women's blouses-which had been subject to safeguard quotas from mid-2005 to the end of 2007-rose in volume at double and triple digit rates in 2008, while the average prices of these imports fell at double digit rates. In contrast, imports of these items from Vietnam all fell sharply in volume but surged in price.
The report “Trends in EU Textile and Clothing Imports 2009 update” is available from Report Buyer at:
http://www.reportbuyer.com/
Report Buyer product ID: TXI00031
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