Trends in EU textile and clothing imports, 2024

Trends in EU textile and clothing imports, 2024

This 2024 update provides indispensable insight for any textile and clothing company supplying goods to international markets in general and to the EU region in particular. Also, it is vital for strategists looking to undertake competitor analysis. In this report, Textiles Intelligence reveals trends in prices and levels of EU textile and clothing imports as a whole. Also, the report analyses trends in prices and levels of EU textile and clothing imports in 14 major product categories, namely cotton yarn, fabrics woven from synthetic staple fibres, fabrics woven from synthetic filament yarn, T-shirts, pullovers, men's trousers, women's trousers, men's denim trousers, women's denim trousers, women's blouses, men's shirts, women's overcoats, women's dresses and women's skirts. The report notes that EU textile and clothing imports fell in value and volume in 2023. There was also a fall in the average price of EU textile and clothing imports, although the price was still at its third highest level on record as the fall came after a significant jump in the previous year. The EU’s biggest textile and clothing supplying country in 2023 was, by far, China. However, imports from the country were down in value and volume compared with the previous year and, as a result, the share of EU textile and clothing imports which came from China fell in value and volume terms. There were also falls in value and volume terms in the shares of EU textile and clothing imports which came from Bangladesh—the EU’s second largest supplier. But there were increases in value and volume terms in the shares of EU textile and clothing imports from Cambodia, India, Tunisia, the UK and Vietnam. Also, there were increases in value terms in the shares of EU textile and clothing imports from Morocco and Turkey, and there was an increase in volume terms in the share of EU textile and clothing imports from Pakistan.