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UK's coat imports from China see significant price drop in 2024

01 Dec '24
2 min read
UK's coat imports from China see significant price drop in 2024
UK's coat imports from China see significant price drop in 2024

Insights

  • UK's coat imports from China have steadily declined in value and volume over recent years, with the average price per unit dropping **.**% to $**** in Jan-Aug.
  • Inflation and geopolitical unrest have pressured exporters and reduced consumer purchasing power.
  • Total coat imports from the world fell, with the UK importing ****.*** million units at an average price of $**** per unit in 2024.

The average price of imported coats was recorded at $**.** per unit in ****, which decreased to $**.** per unit in **** and further declined to $**.** per unit between January and August ****. Previously, the average price was $**.** per unit in ****, $**.** per unit in ****, and $**.** per unit in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

During January-August ****, the UK imported *.*** million units of coats from China, valued at $**.*** million. In ****, it imported coats worth $***.*** million, a **.** per cent decrease from imports valued at $***.*** million in ****. The value of coat imports was recorded at $***.*** million in ****, $***.*** million in ****, and $***.*** million in ****.

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