COVID 19 Hits Jeans Export From China To EU, Plunges By 40% In Jan’20 YOY

Although China is gradually coming back on track, however, the last few months weren’t good for the business. The globe has been witnessing a lockdown everywhere but it all started from China, either it’s COVID 19 or the lockdown. 

Factories were closed in many of the parts of China to limit the outbreak, the business was hit badly and so was the production . According to the latest export data, we’ve learnt that the jeans export from China to the EU fell by 40% in January 2020 compared to the export figures in January 2019. 

Let’s check out in the report below to understand the export of Jeans by China To the EU For January 2020.  

TABLE OF CONTENT

Table and Graphs Showing The Export Of Jeans- by China to EU ( Jan’19 V. Jan’20)

Table and Graphs Showing The export of Mens and Women Jeans by China to different EU countries along with the Average Price ( euro/pc) For Jan’19 and Jan’20

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Export Of Jeans By China To EU – Jan 19 V. Jan 20 

In Jan’19, China exported 9.3 million pcs of Jeans to the EU out of which 3.8 million pcs were Men Jeans and 5.5 million pcs jeans were women jeans. In Jan’20 the Men Jeans export reduced by 53% and only 1.8 million pcs were exported, Women Jeans export was plunged by 31% and dropped up to 5.6 million pcs. 

			Figure in Million
Particulars	Jan-19	Jan-20	% Change
Men(Pcs)	3.8	1.8	-53%
Women(Pcs)	5.5	3.8	-31%
Total(Pcs)	9.3	5.6	-40%

Average Price Of Export Of Jeans By China To EU – Jan 19 V. Jan 20

The average price also witnessed a sharp increase due to the COVID 19, the average price in Jan’19 was Euro 4.94/pc which rose to Euro 6.42/Pc, a 30% increase in average price could be considered substantial . Men’s Jeans which was earlier exported at an average price of Euro 5.43/pc increased up to euro 7.66/pc. This clearly shows that the fast fashion items were mainly cancelled and long term orders from higher end buyers still were shipped.

Particulars	Jan-19	Jan-20
Men(Euro/Pc)	5.43	7.66
Women(Euro/Pc)	4.59	5.82
Total(Euro/Pc)	4.94	6.42

Export of Men Jeans

Below we have mentioned some of the European countries which have imported Men Jeans from China. All these five countries have lesser imports as compared to Jan’19. Germany -one of the biggest importers, -which imported 620 thousand pcs in Jan’19 had imported only 500 thousand pcs. The same trend has been observed in the rest of the countries. 

Though the Average price has some inconsistency, Italy’s average price has been substantially increased to Euro 11.22/pc from the level of Euro 6.94/pc.

Country	Men (Jan 19) – Million Pcs	Men(Jan 20)Million Pcs
Germany	0.62	0.50
France	0.24	0.20
UK	0.18	0.14
Italy	0.26	0.13
Netherlands	0.37	0.26
Total	1.68	1.22

Country	Men (Jan 19)-Euro/Pc	Men(Jan 20)-Euro/Pc
Germany	9.54	9.37
France	7.58	6.58
UK	10.95	7.32
Italy	6.94	11.22
Netherlands	11.25	11.51

Export of Women Jeans

So far as the export of Women Jeans is concerned ,except in the UK all the countries showed a negative trend in imports. However, Italy maintained consistency. France is down by 50% and other countries including the Netherlands and Germany have a reduction of more than 30%.

The average price of women jeans also has some inconsistency . The Netherlands’s average price has been substantially increased up to Euro 9.23/pc from the level of Euro 6.97/pc. This , we believe , is again due to reasons mentioned above.

Country	Women(Jan 19) Million Pcs	Women(Jan 20) Million Pcs
Germany	0.56	0.41
France	0.64	0.31
UK	0.25	0.44
Italy	0.27	0.27
Netherlands	0.51	0.32

Country	Women(Jan 19)	Women(Jan 20)
Germany	8.43	7.39
France	5.08	6.83
UK	9.37	7.59
Italy	10.81	9.61
Netherlands	6.97	9.23

The data for coming months would be even worse and there is a likelihood of steepest possible declines in imports of denim into Europe as most of the countries are in lockdown and stores are closed. Keep reading for further info from our Special Reports section.

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