Home breadcru News breadcru Import/Exports breadcru UK sportswear imports to rise in 2021: TexPro report

UK sportswear imports to rise in 2021: TexPro report

11 Mar '21
1 min read
Pic: TexPro
Pic: TexPro

Sportswear imports by the UK increased 9.79 per cent to $234.0 million in 2020 (2019: $213.1 million). UK experienced this growth when the world’s textiles and apparel businesses were struggling with spread of Covid-19 pandemic. By leveraging trends in sportswear, UK’s imports for the category in 2021 is further expected to rise 10-15 per cent to $269.1 million.
 
The reason behind the surge in UK's sportswear imports is people’s inclination towards fitness and healthy life, as UK’s population became more focused on overall well-being, according to TexPro. In addition to this, wearing sportswear became more popular amongst everyone while working from home. Consumers now demand more sportswear and leisurewear compared to casualwear and formals.
 
In December 2020, the UK and Vietnam signed a free trade agreement. Under the agreement, all the customs duties between the two countries will be eliminated once it is implemented fully. The agreement will likely improve apparel exports of Vietnam as the apparel produced there is very competitive in UK.
 
Meanwhile, top sportswear brands like Adidas, Nike, Puma, Reebok and Slazenger are fully prepared to fulfil their local and international orders with quality and attractive products.
 
Source: TexPro

ALCHEMPro News Desk (JL)

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