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EU's technical textiles and clothing goods exports soar

30 Jun '16

5 min read

With production of textile products in the EU on a downward trend, foreign demand for man-made fibres edged up slightly by 6.3 per cent in value terms. With a 28 per cent market share in terms of volume, South Korea was still the main supplier. Owing to the continued shrinkage of activity in the downstream, the volume of imports of yarn and thread from outside the EU slightly increased (2.4 per cent), and they also felt the backlash of the euro’s fall. As was the case for all other imported textiles, the euro’s decline brought about an 8.1 per cent increase in the value of imports of all types of woven fabrics. Imports of cotton fabrics represented the lion’s share in value (31 per cent) and rose by 2.4 per cent. Eighty seven percent of the value of EU knitted fabrics’ imports were divided up among three countries: Turkey, China and South Korea.

Four main players continued to share the EU’s carpet import market: Turkey, India, China and Egypt. With a 26 per cent increase, Turkey remained the leading supplier, while Egypt was again ranked fourth albeit with some ground lost to its main competitors. Of the EU’s home textile imports, 58 per cent of the value and 65 per cent were divided between China, the leading supplier with a 33.5 per cent share, and Pakistan, expanding steadily to a 24.2 per cent share and increasing by almost 15 per cent in value. Almost all imports of technical textiles from the various suppliers exhibited double digit growth (14.3 per cent on average) . With a 13.8 per cent increase, China remained the leading supplier.

Menswear imports in 2015 climbed to 20 billion euros (25 per cent of all clothing imports), meaning a 10.7 per cent gain in value terms but a 4.5 per cent drop in volume. Consequently, the unit prices of made up articles rose in their entirety (by an average of 15.9 per cent). Womenswear imports in 2015 climbed to 29 billion euros (36 per cent of all clothing imports), a gain of 11.3 per cent. China continued to be the main supplier. In 2015, imports of Chinese origin grew 7.7 per cent in value. (SH)

Fibre2Fashion News Desk – India

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EU's technical textiles and clothing goods exports soar

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