Denim Imports In EU From Turkey & Pakistan–A Comparative Study Covering The Period 2014-17

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1. Imports Of Denim Apparels From TURKEY From 2014 to 2017

An upward trend of Import of Denim Apparels from Turkey to EU during 2014-17 could be observed ,however the growth rate remained inconsistent . The country’s export growth trebled in 2017 and reached a low figure of  3.95% from 13.79% . In 2014 , the country exported 64.3 million of denim pcs to EU which reached to 71.19 million pcs by the end of 2015 and the growth rate was 10.72% and in the following years of 2016 & 2017 , the growth rates were  13.79% and 3.95% respectively. Unlike growth pattern , the average price remained constant from 2015 onwards and saw a minor changes over the period of three years .

2. Imports Of Denim Apparels : Men & Women  From TURKEY From 2014 to 2017

Segregating the imports of total denim apparels into Men & Women , we drew the conclusion that over the tenure of 4 years , Turkey exported more Men’s denim in 2014 as compared to Women’s denim and the variance was close to 3 million pcs however post 2014 , there were substantial increase in the exports of Women’s Denim Pcs noticed. In the year 2015 , 2016 and 2017 , the export of women’s denim apparels were 36.47 , 44.46 and 47.68 million pcs respectively against the export of men’s denim apparels which were 34.72, 36.54 and 36.53 million pcs resectively for the same corresponding years. The average price of women’s denim apprels remained lesser than men’s denim apparels during this period . Thus we can see more growth in women’s denim rather than men’s.

3. Imports Of Denim Apparels From PAKISTAN From 2014 to 2017

There is a upward trend of Import of Denim Apparels from Pakistan to EU during 2014-17 however the growth rate is again not so inspiring in the last 2 years. The country failed to hold the pace of  growth and started declining from 2015 onwards. In 2014 , the country exported 86.2 million of denim pcs to EU which reached to 96.44 million pcs by the end of 2015 and the growth rate was 11.88% however in the following years of 2016 & 2017 , the growth rates were only 6.26% and 3.47% respectively. Unlike growth pattern , the average price remained close to constant from 2015 onwards and witnessed a minor changes over the period of three years .

4. Imports Of Denim Apparels : Men & Women From PAKISTAN From 2014 to 2017

Segregating the imports of total denim apparels into Men & Women , we drew the conclusion that over the tenure of 4 years , Pakistan exported more Men’s Denim than Women Denim Apparel and it was close to twice the volume of Women Denim Export. So far as the average price is concerned , both the segment has almost same price and there is no any substantial variances found in the pricing over the period of four years from 2014 to 2017.

5. Export’s Growth Trend To EU From Turkey & Pakistan | 2015-17 

The growth rate for the year 2015 for both the countries were very close , Turkey registered the growth of 10.72% however Pakistan reached the growth level of 11.88% . After a year , Turkey’s growth was at cloud nine with 13.79% but Pakistan dipped down to 6.26% in 2016 . Pakistan’s growth rate went down by 50% from what it had in the year 2015 . The year 2017 was the year of dissapointment for both the countries as both failed to keep the pace of the growth upwards and closed the year with the growth rate of 3.95% ( Turkey ) and 3.47 % ( Pakistan) . If we compare , Turkey’s performance was more disappointing than Pakistan as it reported the decline of 70% in its growth if we compare from 2016 . However, we can compare all the three years together, we find that the absolute growth has been around 30% for both the countries making a rough average growth rate of export of about 10%. But Turkey is ahead of Pakistan when it comes to total volumes as it stands at over 80 million pieces compared to about 70 million pcs of Pakistan.

Both countries are fighting for the pie of denim market of EU . However Turkey has clearly a much higher value priced exports with average going over 12 Euros against Pakistan’s close to Euro 7  giving them different market segments. But Pakistan is upgrading fast and will give serious competition to Turkey soon.

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