COVID-19 threaten Europes denim exports

Jan 12, 2021  |  by Zhao xh


Though the European Union fears a significant decline in denim imports due to COVID-19, it will continue to remain a huge market for international denim exporters. As per a report by the Centre for Promotion of Imports, the Europe Union imported denims worth 9.2 billion in 2019.

Germany: The largest denim importer in Europe, Germany imported denims worth 2.1 billion in 2019. From 2014-2019, the country’s denim imports grew at an average rate of 3.5% per year in value, while their volume grew by 2.4% per year. Men’s denims constituted the larger portion of Germany’s denim imports in 2019 with 65.1% share while women’s denim had a 34.9% share.
 
The Netherlands: Amounting to 1.2 billion Netherlands’s denim imports grew at an average rate of 7.5% per year in value while they grew by 3.5% in volume. Men’s denim segment grew by 8.2% every year on average while women’s denim overall import grew by 6.3%.
 
Spain: Spain was the third largest importer of denims in Europe, with imports amounting to 1.1 billion in 2019. In the five last years, the value of Spain’s denim imports grew at an average rate of 7.5% per year, while their volume grew by 7.1%.
 
From 2014-2019, the value of women’s denim imports grew by 10.1% while that of men’s denim grew by 4.0%.
 
France: Fourth largest European denim importer, France imported denims worth 953 million in 2019. The country’s denim imports grew by 2.1% in value while they grew by 2.4% in volume. Import of men’s denims constituted 56.5% of its total denim imports while women’s denims constituted 43.5%.
 
The United Kingdom: The UK was the fifth largest denim importer in Europe in 2019. The country imported denims worth 750 million in 2019. Men’s denims constituted 53% share of UK’s total imports’ value in 2020.
 
Italy: Sixth largest denim importer, Italy imported denim worth 634 million in 2019. From 2014-2019, the value of Italy’s denim imports grew at an average rate of 2.6% per year, while their volume grew at 3.2% per year. Men’s denim products comprised the larger denim segment in Italy with 55.2%, followed by women’s denims with 44.8%. New denim styles.
 

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