AgentschapNL EVD Internationaal Ministerie van Economische Zaken

NL EVD Internationaal

Nationale vlag.

Tsjechië

EU-landen: trends in textiles and clothing trade

Datum: 14.07.2010

Overall, EU textile and clothing imports fell in value by 7.0 percent in 2009, to 74.93 billion euros. This was the first fall since 2003. Textile imports were down by 16.2 percent in value terms and by 13.8 percent in volume, while clothing imports fell by 3.8 percent in value and 6.8 percent in volume.

The average price of textile and clothing imports rose in 2009. However, the rise was due entirely to an increase in the price of clothing imports as the price of textile imports fell. 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.

Seven of the ten largest textile and clothing suppliers to the EU raised their prices in 2009. Among these, the industry in Vietnam continued to increase its prices significantly after cutting them in 2006. There was also a substantial rise in the average price of imports from Bangladesh.

During the first two months of 2010, however, nine of the top ten suppliers cut their prices as they attempted to maintain sales volumes. The one exception was Tunisia.

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