Denim imports into EU from India (2000-2006)

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EU has always been an important market for the exporters of Denim Fabrics from India. The denim exports have seen many good days when the volumes and prices were good and other times when the prices and volumes have not been so good.

Lets analyze the years from 2000 to 2006 and see how India has been doing in terms of exports of denim into EU.
The data below shows the imports of denim into EU15 and EU25 separately . It can be easily seen tha the best year for exports of denim into EU from India was 2001 and the worst has been 2006.

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DENIM IMPORTS FROM INDIA INTO EU (2000-2006)          
  Imports(kgs) Import Value(Euros) Euros/kg Linear Mtrs(approx.) Price(Euros/mtr approx.)
2000 5387300 16188216 3 7696143 2.1
2001 14566300 47779142 3.28 20809000 2.3
2002 10763400 44381375 4.12 15376286 2.89
2003 5085700 17054902 3.35 8476167 2.01
2004 5203500 17413044 3.35 8672500 2.01
2005 5207700 18371301 3.53 8679500 2.12
2006 3508300 12590578 3.59 5847167 2.15
        75556763  
        Total - Approx 75.5 million metres  
DENIM IMPORTS FROM INDIA INTO EU 25 (2000-2006)          
  Imports(kgs) Import Value(Euros) Euros/kg Linear Mtrs(approx.) Price(Euros/mtr approx.)
2000 6137900 19713872 3.21 10229833 1.93
2001 15758700 54045631 3.43 26264500 2.06
2002 12099000 51190656 4.23 20165000 2.54
2003 6219300 24072030 3.87 10365500 2.32
2004 5902200 20185673 3.42 9837000 2.05
2005 5761100 20479804 3.55 9601833 2.13
2006 3971600 14270219 3.59 6619333 2.16
        93082999  
        Total- Approx. 93 million mtrs  

Source:Eurostat

Some clear trends emerge :
a)The year 2001 was the best in terms of volumes of exports.
b)Year 2002 was the best in terms of prices
c)Prices have improved in 2005 and 2006 but the volumes have gone down - the reason is the reduced exports of basic fabrics and increase in fabrics like Ring Spun etc which are costly. However, they are not giving volumes to India since countries like Turkey and Brazil are capturing the same.
One more thing which clearly emerges is that EU IS NOT A VERY IMPORTANT MARKET FOR DIRECT EXPORTS OF DENIM esp as seen in the last two year's volumes.However, the EU still remains important because of important decision makers(buyers) of various brands sitting there, who may get their orders shipped outside of EU.

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