Denim Exports From Cambodia To EU Falls During Jan-August’19

0 297

In this report, we’ve done the analysis of Denim Apparel Exports Of Cambodia from 2016 to 2019 and our analysis focuses on three fundamentals :

  • Quantity Exported
  • Average Price
  • % Change
  • YTD – Jan To Aug 2019

CONTENTS

Graphs and Tables Showing Denim Exports From Cambodia To EU And The Average Price Of The Same During 2016-2019
Graphs and Tables Showing Mens and Womens Denim Exports From Cambodia To EU  During 2016-2019
Graphs and Tables Showing Average Price Of Mens and Womens Denim Exported From Cambodia To EU  During 2016-2019
Graphs and Tables Showing Denim Exported – Men &Women From Cambodia To EU For Jan- Aug 2018 & Jan- Aug 2019

[private_special]

Jeans Exports

Jeans export from Cambodia to the EU has been deteriorating since 2017  and by the end of 2019, it is expected to witness a total fall of approx 36 %. Comparing the export figures, this is to be noted that, Cambodia’s denim export saw an upward movement of 1% in the year 2018.  In 2016, the export was 38.93 million pcs which dropped down to the level of 33.98 million pcs. The average price remained in the range of around euro 6-7/pc.

Year

Denim Exported ( Pcs)

Average Price ( €/Pc)

2016

38,933,359

6.12

2017

33,980,956

6.32

2018

34,474,930

6.39

2019( Projected)

24,807,770

7.00

Denim Exports From Cambodia To EU Falls By 30% During Jan-August’19

Denim Exports From Cambodia To EU Falls By 30% During Jan-August’19

Men V. Women Denim Exports

Cambodia is more into Women Denim and shares approx. 72-73 % of the total export of Jeans,. However, the share has been increasing after every passing year and in 2019 it is expected to reach up to the level of 76%. In the year 2018, the jeans export ratio of Women: Men was 75:25 and the total export of women jeans was approx. 25.98 million pcs, against which, the export of Men’s Jeans was only 8.49 million pcs. In 2019, the women jeans export are expected to fall down to 18.97 million pcs.

The average price of Women denim is more competitive than Men’s denim. The average price of Women denim revolved around Euro 5.90-6.70/pc however the price of Men’s denim has been fluctuating between Euro 6.60 & 7.90 per piece.

Year

Men ( Denim Exported – Pcs)

Women( Denim Exported – Pcs)

Men ( Av Price – Euro/Pc)

Women ( Av Price – Euro/Pc)

2016

11,692,396

27,240,963

6.62

5.90

2017

9,206,855

24,774,101

7.10

6.03

2018

8,493,942

25,980,988

7.10

6.16

2019(Projected)

5,832,323

18,975,447

7.90

6.72

Denim Exports From Cambodia To EU Falls By 30% During Jan-August’19

Denim Exports From Cambodia To EU Falls By 30% During Jan-August’19

YTD – August 2019

Jeans export from Cambodia to the EU has been dipped by 32.06 % if we compare YTD August 2018. During Jan-August ’19, the Men’s Jeans export witnessed a plunge of –37.77 %, and the export of women jeans witnessed a fall of 30.09% during the same period.

Particulars

Jan-August 2018

Jan-August 2019

% Change

Men

6,248,458

3,888,215

-37.77%

Women

18,095,067

12,650,298

-30.09%

Total

24,343,525

16,538,513

-32.06%

Denim Exports From Cambodia To EU Falls By 30% During Jan-August’19

Cambodia has not been able to really cash in to their special status for GSP in Europe because of their infrastructural issues and labor problems where the factories find it tough to operate even though the costs are lower. Vietnam – the next door neighbor – is taking the advantage and improving exports each year even though they don’t have any GSP benefit to Europe. This clearly shows that duty advantages can only be one of the factor which can help a country improve exports. But the country has to manage itself well to be able to perform well.

[/private_special]

We hope in the coming times, there will be some correction and the country recovers with a bang. Cambodia has great potential but some of the recent events including labor unrest and strikes caused adverse effects on the exports of apparel. The consistency and favorable business policies are need of the hour, the international buyers are now shifting their sourcing base from china and other countries and Cambodia, Myanmar, Vietnam, India, and Ethiopia are one of them which could make the most of it.


Advt:

Denimsandjeans Japan Show – March 4 & 5

Noize jeans Booth No 20

 

 

Register –  https://lnkd.in/fGtBBXA.

Subscribe For Latest Updates

Signup for our newsletter and get notified when we publish new articles for free!




× WhatsApp Us