Bangladesh is growing as a major exporter of denim apparel to Europe.

This report aims to give an overview of current denim garment imports from Bangladesh to European countries in 2022. Here we will look into what major European denim brands bought from Bangladesh in 2022, how much these brands purchased and how much did it cost them. [private_special]

As we can see from the pie chart below, these 15 brands bought about 73% of the total denim apparel purchased by global denim brands from Bangladesh in 2022 which is a large part of the business !

Share of Each of Top 15 Brands

We will be focusing on this data to further analyze in details in the ensuing sections.

TOP 15 COMPANIES BUYING DENIMS

This section provides a snapshot into the quantity of goods purchased in millions by European brands from Bangladesh manufacturers.

The graph delineates the five major brands who are leading in purchasing; Inditex, H&M, LPP S.A, C&A, and Bestseller. The denim market in Europe is dominated by Spanish retail giant Inditex, who leads the market with around 31.4 million denim purchased in value of approx 214.5 million USD, followed closely by H&M and LPP S.A.. H&M recorded 15.4 million quantity of denim purchased at a value of 109.2 million USD and voted at third position was LPP S A with same 15.4 million purchased quantity worth of 83.2 million USD.

Average Buying Price (USD/Pc)

The interesting fact is that Kontoor has purchased the minimum quantity when compared to other brands but they have paid the highest average price/USD for the same. They purchased approximately 2.5 million quantities from Bangladesh suppliers, with Kontoor paying an average of 11.55 USD per meters.

TOP 3  GARMENT SUPPLIERS OF THESE BRANDS

In this section, we will try to understand who are the major suppliers of these brands and also list out their top 3 suppliers based on quality of fabric and service offered. The slideshow below will show the details of these suppliers for each of the brands. Eg in case of Inditex we find that Tusuka Group is the biggest supplier followed by Nassa Group. Similarly we can find for other brands.

As we can see from above, Bangladesh is a very important supplier of denim garments to Europe. In 2022, an estimated [/private_special] 173.6 million quantities of denim were bought by European brands from Bangladesh.