EU Increasing Its Denim Jeans Exports From 2015-18

EU is well known as the major importer of denim jeans from around the world. In fact it is now importing much more jeans than the US  and is expected to keep on growing its imports. However, what is relatively less known, the EU is also exporting a huge quantity of jeans. Many of these jeans are either locally produced in countries like Italy, Portugal, Spain or Eastern Europe and a large part of these are also reimported jeans which had been brought from different regions. It would be interesting to study how EU has fared in terms of its exports of jeans in the last 3 years in terms of both Men and Women jeans, the quantities, average prices etc for the same etc. Let’s check out the report.

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Mens Denim Exported By EU From 2015 to 2018

Mens Denim export of EU has been always on the growing side since 2015 and is expected to keep the same trend by the end of this year also. In the first 9 months of the year, EU has exported 22.95 million pcs of Jeans at an average price of EURO 21.06/Pc and if the region maintains the same pace, it is expected to reach up to 30 million pcs of exports. The annual growth of about 3% is expected for the year 2018 however in 2017 it was 10%.

So far as the average price is concerned, the current average price stood at USD 21.06/Pc which is lesser than every previous year, however, greater than what it was in 2016. In 2016, the average price was EURO 19.76/Pc. However, still its a very good price considering the prices at which EU imports the jeans.

Women Denim Exported By EU From 2015 to 2018

2016 was the year when women denim exports of EU registered maximum growth of 16 %. But after that there it fell by 9% and reached 7% in 2017.  In the year 2018, the growth is expected to reach 9 %. EU women jeans exports has shown good figures in the 1st 9 months of 2018 and is expected to come back on increasing growth path.  Based on the current export trend, a level of 32.90 million pcs of denim export might be achieved by the end of 2018.

The trend of average price floats around the level of 14 – 16.50 EURO/PC.  This price is much less than that of Men’s jeans surprisingly. The first 9 months have shown a very competitive price trend and it is actually the lowest in the last three years going down to an average of Euro 14.61/Pc.

Total Denim Exported By EU From 2015 to 2018

Though women jeans is cheaper than the men’s, it is still powering the growth of exports of jeans from EU giving an overall reasonable figure of growth. The annual growth of total denim export is expected to be at 6% which on the lower side as compared to2017. In2017, the growth was at 9% and in 2016 it was 14%. In2018, EU denim export might cross the level of 60 million pcs and might 63 million pcs by the end of 2018 . Looking at the monthly export trend , August 2018 is the month when the highest export of denim has been achieved however May & June have shown the least exports in the same year.

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