Explore the major Bangladesh garment producers that sourced denim fabrics from Pakistan in 2022 whether on nomination or for their FOB orders. Discover where these fabrics were purchased, the quantities involved, and the pricing dynamics. This in-depth analysis provides insights into the approximate total quantity of denim bought by Bangladesh denim brands from Pakistan and the market share held by the top 15 importing companies [private_special]
MARKET SHARE OF PAKISTAN BRANDS SUPPLYING DENIM FABRIC TO BANGLADESH
The below graph illustrates the top 15 Bangladesh companies that have purchased fabrics in 2022 and their approximate quantities.
As seen in the pie chart, Soorty emerged as the market leader with a market share of 16.6%. This is followed by Pacific Jeans, Ananta Group, Hirdaramani , and Armana group who accounted for 10.4%, 9.6%, 12.2%, and 9.5% respectively in terms of overall purchase quantity.
TOP 15 COMPANIES PURHCASED HIGHEST FABRIC QUANTITY
Soorty has set a record in Bangladesh with the highest amount of fabric purchase, leading from the front with 10.9 million denim fabrics at 35.7 million USD. Of course, they buy most of these fabrics from their own mill for conversion into garments , but they also buy some quantities from other mills. This is closely followed by Hirdaramani’s (Kenpark etc) 8 million denim fabrics purchase at 29.4 million USD, offering stiff competition. The Pacific Jeans and Ananta Group purchased a similar amount of 6.8 million and 6.3 million fabric meters respectively, with a total value of 24.3 and 23.3 million US Dollars respectively.
Fabric Average Price (USD /Meter)
The bar graph illustrates the average price at which different companies from Bangladesh purchased denim fabric from Pakistan. Although, all customers purchased similar or close amount of the fabric, there was a considerable difference in prices they paid for them.
Nassa, who has bought least quantity of denim fabric, ended up paying highest on an average for it – 4.4 USD per meter of fabric – as compared to other customers who paid between 3 to 3.6 USD/Mtr.
TOP 5 FABRIC BUYERS FROM BANGLADESH AND THEIR TOP 3 SUPPLIERS
In today’s fast-paced fashion industry, having access to quality fabrics is key. That’s why many companies turn to trusted fabric buyers for their needs. We have identified the top 5 fabric buyers in the world and are going to take a closer look at who they source their fabrics from. We will also list out the suppliers from different countries that these companies use to purchase materials. With this information, we hope to provide you with an useful insight.
The top 5 buyers of fabrics in Bangladesh are Soorty Textiles, Pacific Jeans, Ananta Group, Hirdaramani and Armana Group . And their top 3 suppliers of fabrics are as below :
[/private_special] The analysis showcases Pakistan’s pivotal role as a leading denim fabric producer and supplier. It sheds light on the top denim garment companies importing denim in Bangladesh, their purchasing patterns, and the strong relationships they share with fabric suppliers worldwide. By understanding the market dynamics and key players, stakeholders can make informed decisions .
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