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Trends in EU textile and clothing imports, 2023

Trends in EU textile and clothing imports, 2023

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Trends in EU textile and clothing imports, 2023
This 2023 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 imports and prices of EU textiles and clothing as a whole. Also, the report analyses trends in EU imports and prices of textile and clothing items 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 rose in value terms to a record high in 2022, and also rose to a record high in terms of volume. The average price of EU textile and clothing imports rose sharply, also to a record high. The rise reflected increases in prices of primary commodities, including fuels and fertilizers--primarily as a result of the war in Ukraine--resulting in high inflation and high energy prices. China was, by far, the EU's biggest textile and clothing supplying country in 2022. However, imports from the country rose at a slower rate than imports from all sources and, as a result, the share of EU textile and clothing imports which came from China fell in both value and volume terms

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