Sri Lanka Denim Fabric Imports : August And September 2019

In this report, we’ve listed the major denim fabric importers in SRI LANKA in the months of August and September,2019 and analyzed the volume and average price along with the countries and suppliers from where they are buying. The contents of this report are as below:

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TOP COUNTRIES SUPPLYING DENIM FABRICS TO SRILANKA

In the months of august and September 2019, SriLanka has imported approx. 3 million kgs of denim fabrics. Since the data is available not in SQM but in KGS we will have to make deductions on the basis of the same. Therefore, we have represented the graphs on the basis of value in USD in place of volume. Besides, going by the current trends, 3 million kgs of fabric represents about 9 million sq mtrs taking about 10 oz per sq yard as average weight. 

CHINA is the biggest exporter of Denim Fabric to SriLanka with a total volume of about 1.5 million kgs at an average price of USD 5.1/kgs. India is the 2nd biggest denim supplier which exported 5.69 lakh kgs of denim fabric at an average price of USD 5.7/kgs. Pakistan contributed 16.5% of the total import of denim fabric of SriLanka with total volume as 4.9 lakh kgs. Egypt on the other hand maintained the highest average price for import at USD 7.6/kgs. 

From the above data , we can assume rough figures of export from different countries during these two months : 
China – about 4.5 million sq mtrs
India – about 1.6 million sq mtrs
Pakistan – about 1.5 million sq mtrs

(Note: this data has been captured from various govt organizations including customs. the actual imports are likely to be higher than this figure .)

TOP COMPANIES IMPORTING DENIM FABRICS IN SRILANKA

So far as the import of denim fabric by different companies are concerned, ORIT TRADING LANKA PVT LTD and HIRDARAMANI INDUSTRIES PVT LTD are the biggest importers of denim fabric into Sri lanka with the total import of 1.2 million kgs ( with value 7.2 million USD)  and 5.2 lakh kgs ( with value 3.1 million USD) of denim fabric respectively. Roughly 3.5 million sq mtrs and 1.5 million sq mtrs. 

ORIT TRADING LANKA PVT LTD

ORIT TRADING LANKA PVT LTD imported 1,226,715 kgs of denim fabrics in the months of August and September 2019 and it got many suppliers on the board. Out of many suppliers , XINGTAI H AND J TEXTILES CO.,LTD  is the biggest supplier with the export volume of 469,240 kgs and total value as 2,682,039.37 USD  Average Price at which the company is supplying is USD 5.72/kgs.

Address: Free Trade Zone Rd, Avissawella, Sri Lanka Phone: +94 112 154 254

HIRDARAMANI INDUSTRIES PVT LTD

HIRDARAMANI INDUSTRIES PVT LTD imported 524,802 kgs of denim fabrics during the months of August and September 2019 and it got many suppliers on the board. Out of all the suppliers,YIXING LUCKY G AND L DENIM CO LTD is the biggest supplier with the export volume of 132,541 kgs at an average price of USD 6.78/kgs and total volue of 899,213.16 USD.

Address:Road, Kuruwita,, Colombo, Sri Lanka Phone: +94 452 263 581

DAYA APPAREL EXPORT PVT. LTD.

DAYA APPAREL bought its fabrics majorly from different suppliers. The major companies include REALTEX COMPANY LIMITED , GLOBAL CENTURY (HK) LTD and JIANGYIN NEWKING TEXTILE CO LTD. from where it has bought the major chunk. From REALTEX COMPANY LIMITED , the company has bought  the largest volume of 82,923 kgs of denim fabric at an average price of USD 4.39/kgs pertaining to total value of 363,941.16 USD.

Address :Ampara 32000, Sri Lanka Phone: +94 112 813 900

SPENCERS

SPENCERS imported 131,410.00 kgs of denim fabrics in the months of August and September ,19 at an average price of USD 2.2/kgs with total value in USD as 293,803.75 .The company has bought its denim from 4 major suppliers having YIZE INDUSTRY CO., LTD on top with maximum volume of 70,152 kgs.

DIAL TEXTILE INDUSTRIES LTD

DIAL TEXTILE INDUSTRIES LTD bought its fabrics majorly from many companies. The list has RAYMOND UCO DEMIM PVT LTD on  the top from where it has bought the major chunk. From RAYMOND UCO DEMIM PVT LTD. , the company has bought  the largest volume of 61,026.61kgs at an average price of USD 8.22/kgs.

Address :Spur Road2, KEPZ Katunayake Phone: +94 11 2 252447

MIAMI CLOTHING PVT LTD

MIAMI CLOTHING PVT LTD imported 71,522.56 kgs of denim fabrics during the months of August and September 2019. Out of all the suppliers, KG FABRIKS LIMITED. is the biggest supplier with the export volume of 34,414.06 kgs at an average price of USD 6.11/kgs with total value of fabric resulting to 210,273 USD.

Address:B363, Pitigala, Sri Lanka Phone: +94 917 796 900

On the whole, Sri Lanka is an important market with about 9 million sq mtrs imported in 2 months – and we believe this figure should be more. Mainly dominated by few buyer factories but a number of small an niche buyers as well.

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