Ethiopian Textile & Apparel industry has been one of the most promising sourcing destinations for the last few years. The country has a target to generate 30 billion U.S. dollars in export from the textile and apparel sector by 2030, according to Bogale Feleke, Ethiopian Deputy Minister of Industry.
However, COVID 19 didn’t leave Ethiopia also, the country which is already battling with many issues including poverty has been hit very hard by COVID. Due to the global slowdown in buying, it’s manufacturing also severely affected due to this.
In this report, we have done a detailed analysis of leading denim exporters from Ethiopia and also the buyers who are importing these jeans from Ethiopia for April- June’20.
| PARTICULARS |
| Table And Graphs Showing Leading Exporting Destinations For Denim Apparel From Ethiopia during April-June’20 |
| Pie Chart Showing The % Share Of Countries In The Total Exports Of Ethiopia during April-June’20 |
| Table And Graphs Showing Leading Exporters Of Denim Apparel From Ethiopia during April-June’20 |
| Pie Chart Showing The % Share Of Countries In The Total Exports Of Ethiopia during April-June’20 |
| Table And Graphs Showing Buyers Of Denim Apparel From Ethiopia during April-June’20 |
[private_special]
Disclaimer : The data for this report has been taken from some sources including customs etc. But we believe this data does not cover the entire exports from Ethiopia as all data has not probably been captured. This report , however, gives a good representation of the exports taking place from this country.
1. Top Export Destinations
The United States with a 93% share in the total denim exports by Ethiopia ranked #1 during April-June’20. Out of total exports of 1.34 million units, the United States imported 1.25 million pcs. Canada is at #2 with a 4% share and it has imported 48,747 pcs of denim. Other countries including Spain, Germany, and Malaysia had also imported the denim from Ethiopia however the volume is not that high.
| Buying Countries | Garments(Unit) | Avg. Price($/Unit) | % Share |
| Canada | 48,747 | 1.47 | 4% |
| Germany | 2,653 | 5.52 | 0% |
| Malaysia | 13,623 | 1.41 | 1% |
| Spain | 26,030 | 1.57 | 2% |
| United States | 12,56,561 | 1.67 | 93% |
| TOTAL | 13,47,614 | 1.66 | 100% |
2. Top Denim Exporters
Ethiopia has 6 major denim exporters which contributed more than 99% in the total denim exports during April-June’20 and they are Epic Apparel (30.59%), Ashton Apparel(15.52%), Indochine Apparel (11.03%) and Arvind Lifestyle Apparel (16.64%), and KGG Garments(15.16%).
| Exporters | Jeans Export(Unit) | Avg Price($/Unit) | % Share 2020 |
| ARVIND LIFESTYLE APPAREL MANUFACTUR | 224234 | 1.28 | 16.64% |
| ASHTON APPAREL MANUFACTURING P.L.C | 209147 | 1.35 | 15.52% |
| EPIC APPAREL PLC | 412206 | 1.44 | 30.59% |
| INDOCHINE APPAREL PLC | 148597 | 4.73 | 11.03% |
| KGG GARMENTS PLC | 204348 | 1.34 | 15.16% |
| SHINTS ETP GARMENT P.L.C | 693 | 17.67 | 0.05% |
| VELOCITY APPARELZ COMPANIES PLC | 148389 | 0.62 | 11.01% |
| TOTAL | 1347614 | 1.66 | 100.00% |
EPIC APPARELS
The Children’s Place is the sole buyer for EPIC Apparels, Jeans have been exported at an average price of $1.44/unit.
| Buyer | Jeans(Unit) | Avg Price($/Unit) | Country |
| THE CHILDREN’S PLACE SERVICES CO | 4,12,206 | 1.44 | United States, Canada, Malysia |
ARVIND LIFESTYLES
The Children’s Place is the primary buyer of Arvind Lifestyle which bought approx. 1.95 lacs units of Jeans during April-June’20 at an average price of $1.18/unit.
| Buyers | Jeans(Unit) | Avg Price($/Unit) | Country |
| CAC EL PRAT DE LLOBREGAT | 26,030 | 1.57 | Spain |
| H&M HENUS & MAURITZ . | 2,653 | 5.52 | Germany |
| THE CHILDREN’S PLACE SERVICES COMPANY ,L.L.C | 1,95,551 | 1.18 | United States, Canada, Malysia |
ASHTON APPAREL MANUFACTURING P.L.C
| Buyers | Garments(Unit) | Avg Price($/Unit) | Country |
| THE CHILDREN’S PLACE, | 2,09,147.00 | 1.35 | United States, Canada, Malysia |
INDOCHINE
| Buyers | Garments(Unit) | Avg Price($/Unit) | Country |
| PVH CORP | 21,855.00 | 9.74 | United States |
| THE CHILDREN’S PLACE | 1,26,742.00 | 3.86 | Canada, United States |
VELOCITY APPARELZ COMPANIES PLC
| Buyers | Garments(Unit) | Avg. Price($/Unit) | Country |
| THE CHILDRNS PLACE | 1,48,389 | 0.62 | United States |
KGG GARMENTS PLC
| Buyers | Garments(Unit) | Avg. Price($/Unit) | Country |
| THE CHILDREN’S PLACE | 2,04,348 | 1.34 | United States |
Comparison: April- June’20 V. 2019
There has been a fall of 34% in the jeans exports of Ethiopia during April-June’20, last year for the same period the total exports were 2.04 million pcs which fell up to 1.34 million pcs this year. The primary reason for such a fall is COVID 19.
A change in the overall export share of Ethiopean reporters has been also observed within a year of time. Ashton Apparel which was the largest exporter last year has been overruled by EPIC Apparels which rose from 9% to 30% this year while Ashton lost more than half of its share in 2020.
Indochine also witnessed a substantial fall from 23% to 11% this year.
| Exporters | Jeans Export(Unit) | % Share 2020 | Jeans Export(Unit) | % Share 2019 |
| ARVIND LIFESTYLE APPAREL MANUFACTUR | 224234 | 16.65% | 316862 | 15% |
| ASHTON APPAREL MANUFACTURING P.L.C | 209147 | 15.53% | 680725 | 33% |
| EPIC APPAREL PLC | 412206 | 30.60% | 187788 | 9% |
| INDOCHINE APPAREL PLC | 148597 | 11.03% | 471914 | 23% |
| KGG GARMENTS PLC | 204348 | 15.17% | 60720 | 3% |
| VELOCITY APPARELZ COMPANIES PLC | 148389 | 11.02% | 199614 | 10% |
| OTHERS | 693 | 0.05% | 129255 | 7% |
| TOTAL | 1346921 | 100.00% | 2046878 | 93% |
[/private_special]
Leave a Reply