EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018

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The Africa’s most prominent countries , Morocco and Tunisia are great exporters of denim apparel to EU due to their duty free status . For most of their production, they also import denim fabrics to convert them into garments. The EUR2 certificate enables reimport of finished garments at zero duty and hence the garmenting in , specially , these two countries has been sustaining. Of course some locally produced fabrics are also used for garments . Besides , non EU imports of fabrics is also done but the exports of garments made from those fabrics does not entitle the exporters to duty free status in EU. An analysis of the denim fabrics imported from EU into these two countries will give us an idea as to how these countries are manufacturing and re-exporting garments made from these fabrics.

In this report , we have

  • Analysed the Denim Fabric Exports along with average price and growth of EU towards Morocco and Tunisia for 2015-18 ( September’18)

  • Comprehensive analysis of growth in the exports to the two countries along with the changes in the average price.

Table Of Contents

1. Table Showing Exports of Denim Fabric(Million Sq. Metres) along with Average Price(Euro/Sq. Mtrs.) To Morocco From 2015 to September 2018 By EU
2. Graph Showing Exports Of Denim Fabric To Morocco From 2015 To September 2018 by EU
3. Graph Showing Average Price Of Exports Of Denim Fabric To Morocco From 2015 To September 2018 by EU
4. Table Showing Exports of Denim Fabric(Million Sq. Metres) along with Average Price(Euro/Sq. Mtrs.) To Tunisia From 2015 to September 2018 By EU
5. Graph Showing Exports Of Denim Fabric To Tunisia From 2015 To September 2018 by EU
6. Graph Showing Average Price Of Exports Of Denim Fabric To Tunisia From 2015 To September 2018 by EU
7. Comparison of Exports Made By EU To Morocco and Tunisia
8. Comparison of Average Price Made By EU To Morocco and Tunisia
9. Growth In Export From 2015 To 2018

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1. Denim Fabric Export By EU To Morocco | 2015-2018

Morocco imported more than 5 million sq mtrs of denim in 2017. This year, till September, we can see that the imports are about 4 million sq mtrs which would roughly be about more than 5 million sq mtrs by the end of the year bringing the imports at similar levels as last year.  However, we can also see that the imports in 2016 were much lesser and year 2017 and 2018 have been better – indicating that production is not slipping .

The average price was maximum in 2017 at about 7 Euros, but it seems have slipped to about 6.8 Euros this year. Not a big change, but a fall nevertheless.  However, if we consider that these prices are actually sq mtr prices and if we take linear mtr prices, it might actually be about 10 Euros per mtr, we will understand that the fabrics are actually very expensive.  But most of these fabrics are European and hence cannot be cheap.

Years

Denim Fabric

(Million sq. metres)

Average Price

(Euro/sq. metres)

Growth (%)

2015

5.9

5.5

2016

4.8

5.7

-18.64 %

2017

5.4

7.1

12.50 %

2018(till sept)

4

6.8

2018(estimated)

5.3

-1.23%

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

2. Denim Fabric Export By EU To Tunisia | 2015-2018

In 2015, the total quantity of denim fabric imported by Tunisia was 12.5 million sq. mtrs. which increased in the subsequent years. The denim fabric import was recorded as 12.8 million sq mtrs in 2016 which increased by almost 1 million sq mtrs in 2017 showing the significant growth within 1 year. On the whole the quantities are more or less stagnant and show that there is no real growth in fabrics being shipped to Tunisia and that garmenting for European fabrics is not witnessing an upsurge. However it also shows that Tunisia gets more than double the fabric from EU than Morocco.

The trend of the average price across the period 2015-2018 increased consistently showing a rising trend.T he average price was 6.9 euros per sq mtrs in 2015 whereas it has reached upto 8.1 euros per sq. mtrs. till september 2018 – a decent increase.  It also shows that Tunisia is getting more expensive fabrics than Morocco on an average indicating that more fashionable final apparel is being produced in Tunisia.

Year

Denim Fabric

(Million sq.metres.)

Average Price

(Euro/sq. metres)

Growth(%)

2015

12.5

6.9

2016

12.8

7.8

2.4 %

2017

13.7

8

7.0 %

2018(till sept)

9.8

8.1

2018(estimated)

13.1

-4.6%

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

3. Comparison of Exports Made By EU To Morocco and Tunisia

Below are the summarised details of the exports made by EU over the period 2015-2018. The exports made to Tunisia is larger than those to Morocco. Comparing the exports in 2015, Tunisia imported 12.5 million sq. mtrs. of denim fabric as compared to 5.9 million sq. mtrs. of denim fabric imported by Morocco. The average price of the import by both the countries is somewhat in the close proximity across the given period. Although, Tunisia has shown an overall increase in the average price from 6.9 to 8.1 whereas Morocco had a mixed ups and downs in terms of average price from 2015 to 2018. Both Tunisia and Morocco have shown a positive % growth in the import of denim fabric from 2016 to 2017 . The denim fabric export by EU at the end of 2018 is estimated to reach 5.3 and 13.1 million sq mtrs in Morocco and Tunisia respectively.

Years

Morocco(Million sq mtrs.)

Tunisia(Million sq mtrs.)

2015

5.9

12.5

2016

4.8

12.8

2017

5.4

13.7

2018(estimated)

5.3

13.1

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

4. Comparison of Average Price Made By EU To Morocco and Tunisia

Years

Morocco (Euro/sq. mtrs.)

Tunisia (Euro/sq. mtrs.)

2015

5.5

6.9

2016

5.7

7.8

2017

7.1

8

2018(till sept)

6.8

8.1

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

5. Growth In Export From 2015 To 2018

Years

Morocco

Tunisia

2016

-18.64

2.4

2017

12.5

7

2018(till sept)

-1.23

-4.6

 

EU Exports Of Denim Fabric To Tunisia and Morocco: A Study For 2015-2018 | Denimsandjeans

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