30% Fall In Jeans EU Imports From Bangladesh In 2020

In this report, we have done a detailed analysis of the imports of denim jeans over a period of 10 years from 2010 to 2020 . The detailed report shows the imports by EU over this period. Particularly interesting is the imports in 2020 compared to 2019. The same fell by over 30% – more or less as expected . . The details of the report are as below :

PARTICULARS

Table And Graphs showing total jeans imports from Bangladesh

Table And Graphs showing men’s jeans imports from Bangladesh

Table And Graphs showing women’s jeans imports from Bangladesh

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1.TOTAL JEANS IMPORTED FROM BANGLADESH DURING 2010-2020

As we can see from the table below, Bangladesh has increased its share of EU imports significantly over the last 10 years. From a 19% share in 2010, it has doubled to 38% in 2020 and becoming the largest supplier of jeans to Europe.

YEAR	PRICE IN EURO / PIECE	VALUE IN MILLION EUROS	QUANTITY IN MILLION PCS	TOTAL EU IMPORTS(QTY)	% SHARE
2010	4.56	444.54	97.44	505.97	19
2011	5.33	591.73	111.07	507.24	22
2012	5.77	725.38	125.72	477.66	26
2013	5.46	808.42	147.99	505.56	29
2014	5.48	939.21	171.52	533.02	32
2015	6.37	1188.59	186.6	545.09	34
2016	6.19	1297.35	209.58	586.79	36
2017	6.1	1307.67	214.52	587.83	36
2018	5.71	1377.74	241.39	619.97	39
2019	6.06	1316.11	217.13	569.14	38
2020	5.99	905.81	151.22	399.6	38

2.MEN’S JEANS IMPORTED TO EU

In 2018 Bangladesh exported the highest number of men’s jeans with a total volume of about 134.28 million pieces at an average price of EURO 5.87. Compared to 2018, 2019 exported fewer jeans, and due to pandemic in 2020, it fell drastically around 30% since 2019.

YEAR	VALUE IN MILLION EUROS	QUANTITY IN MILLION PCS	PRICE IN EURO / PIECE
2010	321.21	67.67	4.75
2011	416.3	74.94	5.56
2012	499.64	82.19	6.08
2013	539.78	94.95	5.69
2014	614.92	108.72	5.66
2015	725.14	110.8	6.54
2016	766.43	121.63	6.30
2017	756.36	121.25	6.24
2018	787.6	134.28	5.87
2019	757.97	121.67	6.23
2020	526.69	84.33	6.25

1. The below graph shows how much value of men’s jeans was exported during 2010-2020

2. The graphs below shows the Men’s Jeans imported to Europe during 2010-2020. It is clear that there was a clear and continuous growth till 2018 and we see some slump coming in 2019 and 2020 was clearly affected by the pandemic.

3. In the following graph , its visible that the price peaked in 2015 and after that it more or less hovered between Euro 6- 6.50 . It is likely that we might see a rise in price in 2021.

2. WOMEN’S JEANS IMPORTED TO EU

In 2018 Bangladesh imported the highest number of women’s jeans with a total volume of about 107.1 million pieces at an average price of EURO 5.51. Compared to 2018, 2019 imported fewer jeans, and due to pandemic in 2020, it fell drastically around 30% since 2019 – almost same fall that Men’s jeans also experienced. It is quite likely that the imports will pick up very strongly in 2021 and we might even see the figures exceeding that of 2018.

YEAR	VALUE IN MILLION EUROS	QUANTITY IN MILLION PCS	PRICE IN EURO / PIECE
2010	123.34	29.77	4.14
2011	175.43	36.14	4.85
2012	225.74	43.53	5.19
2013	268.64	53.04	5.06
2014	324.29	62.8	5.16
2015	463.45	75.8	6.11
2016	530.92	87.95	6.04
2017	551.31	93.27	5.91
2018	590.14	107.1	5.51
2019	558.14	95.45	5.85
2020	379.11	66.89	5.67

3. We can see that strangely that even the women’s jeans price peaked in 2015 and have seen a decline since. Even in 2020 , the price fell whereas the men’s jeans price had risen.

From all the figures above , we can say that Bangladesh is now the most important exporter of jeans to EU and has been continuously increasing its exports to EU. Even with the setback of 2019, it continues to grow and is expected to show great figures for 2021.

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