Denim apparel has become a staple part of the wardrobes of Indians all over the country. India is itself a large manufacturer of apparel but also imports a lot from other countries.
In this report we analyse the imports of denim apparel into India in 2022 . It is a detailed report bringing important aspects of the trade between India and rest of the world in this perspective.

From the pie chart provided, we find that the [private_special] top 15 brands constitute 80% of the total denim apparel imports which are happening in India. About 20 million pieces of denim apparel was imported into India during 2022 from around the world with major share coming from Bangladesh.

BANGLADESH VS OTHER COUNTRIES

Bangladesh takes the lion’s share when it comes to exports of denim apparel into India and over 82% of Indian imports are coming from Bangladesh in 2022 .

SHARE OF EACH OF TOP 15 BRANDS

In this pie chart, we can see the market share of India major brands that are purchasing denim garments from global market.

TOP 15 COMPANIES BUYING DENIMS

It is evident from the given graph that Aditya Birla is the market leader amongst all in terms of purchasing denim, with a quantity of 2.3 million. While Levi’s is trailing at second place with its purchase of 2.2 million pieces. Notably, Myntra has also made an impressive purchase with 2 million pieces of denim apparel ,H&M and Mirza International both were equal at 1 million each. The graph therefore showcases a competitive market for denim where the top 5 manufacturers are vying to gain every last advantage in respect to purchasing for their business needs.

Average Buying Price (USD/Pc)

In this section, we will analyze the different prices paid by Indian brands for purchasing denim to get a better understanding of how much is being offered for each piece of denim apparel.

According to the bar graph presented, it is clear that Aditya Birla Group has emerged as one of the major players in the denim buying market, paying an average price of 11.45 USD/piece for denim garments. Closely followed by Pepe Jeans and Levi’s, who have paid an average price of 11.34 USD/piece and 10.47 USD/piece respectively. The presence of these major players indicates the increasing demand for denim garment in the market and offers more lucrative options for suppliers to keep up with this trend in pricing their goods competitively.

TOP 3  GARMENT SUPPLIERS OF THESE BRANDS

In this section, we will take a look at who these major suppliers who are producing and supplying to the top 5 brands.

The slideshow above shows the detail of these suppliers for each of the brands. Eg in case of H & M we find that ABA Group is the biggest supplier followed by Ananta Group. Similarly we can find for other brands. This gives us an idea of where the products are coming from for these retailers. Similarly we can have a look at other importers in India and find that who are the major suppliers to them. And since Bangladesh constitutes over 80% of total imports into India, most of the large suppliers are from Bangladesh only.

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