The EU’s apparel imports continued to surge in Jan-Feb 2018 too. According to the data has released recently by the European Commission.
The 28-nations bloc upped its apparel volume by 11.17 per cent while value got a boost of just 1.19 per cent all because of a massive drop of 8.96 per cent in unit prices.
Unit prices remained as low as € 17.07 as against € 18.75 in the same period last year.
Overall, China still holds the most supreme position in the EU’s apparel market with export worth € 4.60 billion in Jan.-Feb. ’18 period.
The volume of apparel shipment from China to the EU increased by 3.97 per cent on the Y-o-Y basis; however, the country noted a significant fall in value terms by 2.80 per cent.
