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European apparel imports drop 7.24% in 2024 amid geopolitical tensions

14 Feb '25
2 min read
European apparel imports drop 7.24% in 2024 amid geopolitical tensions
European apparel imports drop 7.24% in 2024 amid geopolitical tensions

Insights

  • In 2024, Europe's apparel imports fell by *.*% to $*****.* billion amid geopolitical unrest.
  • China and Bangladesh increased their market shares in apparel, while shares for Turkiye, Germany, and Italy declined.
  • Home textile imports also decreased, but China expanded its market share.
  • Fabric imports dropped, with China again boosting its share.

Apparel imports were noted at $***.*** billion in ****. However, the top two suppliers, China and Bangladesh, successfully managed to increase their shares in the inbound shipments. The Chinese share increased to **.** per cent, and Bangladesh&#**;s to **.** per cent in the last year. The market shares of both nations were recorded at **.** per cent and **.** per cent respectively in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

However, the market shares of Turkiye, Germany, and Italy, the next three largest suppliers, shrunk in ****. The share of Turkiye was *.** per cent, Germany *.** per cent, and Italy *.** per cent last year. In ****, these countries stood at market shares of *.** per cent, *.** per cent, and *.** per cent, respectively.

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