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Saturday, 12 March 2022 16:36

US’ jeans imports rise by 22.5% in January: OTEXA

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US’ jeans imports rose by 22.5 per cent to $308.19 million in January this year, as per data from the Commerce Department’s Office of Textiles & Apparel (OTEXA) revealed.

Blue denim apparel imports from top supplier Bangladesh rose by 9.99 percent year over year to $62.03 million in January, while shipments from Mexico increased by 28.68 percent to $53.89 million, according to OTEXA.

Jeans Imports from Vietnam surged 49.19 percent to $37.25 million in the month, while shipments reaching U.S. ports of entry from Pakistan rose 32.76 percent to $34.52 million and imports from China increased 17.13 percent to $33.31 million.

Imports from Egypt jumped by 78.17 percent year over year in January to $15.71 million. Shipments from Turkey also surged to $7.95 million, while imports from Cambodia rose 8.54 percent to $15.88 million/

Amongst Western Hemisphere countries, shipments from Nicaragua rose by 20.15 percent in the month to $4.26 million. On a smaller scale from the region, Colombia’s shipments more than doubled to $2.48 million for January and Guatemala imports were up 32.44 percent to $1.66 million.

The global denim jeans market is estimated to grow to $76.1 billion by 2026, from $57.3 billion in 2020, as per a new report from Research and Markets. The market research firm attributed the anticipated success to factors including casualization in the workplace.