The US imports of denim apparel show some improvement in 2013. While we had been happy to note a fall of 3.5% only! in 2012 over 2011 figures, the first 5 months of 2013 show an increase of about 2.7% over the last year . Lets have a look at the table and chart below :
|Period||Qty (Million pcs)||Price ($/pc)|
The quantity of imports has increased marginally by 2.7% but it has an important psychological impact given the fact that the figures were negative for the last two years. Also to be noted that the imports generally improve further in the second half of the year and we can expect better performance during this period. Price is almost at similar levels with a minor fall.
The constant improvement of imports in the first year would add to the positive sentiment for the denim retail in US which has been reeling with falling sales and resultant imports since 2010 and has lost almost 15% ground since then. If the US recovers this lost sales, it would have a tremendous effect on the exporting countries.