Pakistan has over a period of time become an important exporter of denim fabrics to EU. Though exporters from Pakistan is more focused on exporting the Denim Garments to EU, still their exports of Denim fabrics are also substantial. I have compiled the details of the exports from Pakistan of the Denim Fabrics into EU over a period of 6 years – from 2000 to 2006. This gives a fair idea to understand in which direction these exports are directed..
Note : The denim imports shown above are covered under the HS code 520942.
The following trends can be noticed(which were there even in the figures for exports of denim from India) :
a)Year 2002 was the best year in terms of quanities exported and the average prices.
b)Year 2003 shows a steep fall in the prices .
c)Year 2006 shows slight improvement in prices over 2005 . However, the volumes are continuously falling – showing that the market for the fabrics in EU is DYING.
A total volume of about 43 million mtrs over a period of 6 years? Not a very big volume I believe..