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US import trends: Large garment prices dip, small garments surge

05 Mar '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In US, average prices of large, costly garments imported fell from $**.** per unit in 2019 to $**.** in 2023, influenced by the pandemic's impact on buying power and demand.
  • Conversely, smaller, cheaper garment prices rose from $**.** per dozen in 2019 to $**.** in 2023.
  • Prices of cheaper garments sold in pairs fluctuated, peaking at $**.** per dozen in 2022.

The average import price of large and expensive garments was $**.** per unit in January-November ****. This was lower than the average price of $**.** per unit in **** before the pandemic. The unit price of imports by the US slipped to $**.** in **** and further crashed to $**.** in ****. The pandemic not only weakened the purchasing power of the average American consumer but also diminished the need due to lockdowns and confinement. However, it jumped to $**.** per unit in ****. Last year’s slow demand and weak purchasing power again dented the average price, bringing it down to $**.** per unit, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

But the average prices of smaller and cheaper garments increased to $**.** per dozen in January-November ****. It was noted at $**.** per dozen in ****. It decreased to $**.** per dozen in ****. However, it recovered to $**.** per dozen in ****. The average prices jumped to $**.** per dozen in **** and further gained to $**.** per dozen in **** until November. It is interesting to note no effect on small and cheap garments in the last year.

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