In this report, we will have a look at the imports of denim fabrics into US for the last four years ie from the year 2005 to 2008 . As you will note from the report, the imports had peaked in the year 2005 when the premium denim trend had caught on very strongly resulting in a increase in jeans manufacturing activity in the US. The following two years –2006 and 2007 show a fall in imports which indicates that the US denim mills caught up a little with the Italian and Japanese denim mills in terms of quality which could be used by the Premium denim brands – though the imports could not be substituted to a large extent.
The year 2008 has again shown a drop of over 10% over 2007 and the net imports stand at 41 million mtrs. Perhaps a sign of times to come in this era of recession..
|Year||Imports in million sq. meters|