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Editorial: Even China Is Struggling in the Recession-Hit US Textile
and Apparel Market - Despite The Lifting of Quotas
Published on August 2009

                                                                                                                                   Report Summary

Any textile or apparel supplier who is heavily reliant on the US market can not be finding business easy at present. According to
'Trends in US Textile and Clothing Imports', starting on page 122 of this issue of Textile Outlook International, US imports of textiles
and apparel in the first five months of 2009 were down by 14.1% in value and by 11.1% in volume compared with the corresponding
period a year earlier.


Most of the major suppliers fared badly, with two notable exceptions. US imports from Vietnam were up in value by 2.9% during the
five-month period while those from Bangladesh grew by a significant 9.9%.


Even China is struggling'even though 2009 is its first year for several decades without quota restrictions. In the first five months of the
year, US imports from the country were down by 3.7% in value and by 6.5% in volume.


One particularly unwelcome development for producers'although welcome for US consumers'is a reversal of the price firming which
has been witnessed in the US market in recent years.


In the first five months of 2009, the average price of US textile and apparel imports fell by 3.5% compared with the corresponding
period of 2008, after growing by 5.7% between 2005 and 2008.




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Editorial: Even China Is Struggling in the Recession-Hit US Textile and Apparel Market - Despite The Lifting of Quotas

  • 1. Find Industry reports, Company profiles ReportLinker and Market Statistics >> Get this Report Now by email! Editorial: Even China Is Struggling in the Recession-Hit US Textile and Apparel Market - Despite The Lifting of Quotas Published on August 2009 Report Summary Any textile or apparel supplier who is heavily reliant on the US market can not be finding business easy at present. According to 'Trends in US Textile and Clothing Imports', starting on page 122 of this issue of Textile Outlook International, US imports of textiles and apparel in the first five months of 2009 were down by 14.1% in value and by 11.1% in volume compared with the corresponding period a year earlier. Most of the major suppliers fared badly, with two notable exceptions. US imports from Vietnam were up in value by 2.9% during the five-month period while those from Bangladesh grew by a significant 9.9%. Even China is struggling'even though 2009 is its first year for several decades without quota restrictions. In the first five months of the year, US imports from the country were down by 3.7% in value and by 6.5% in volume. One particularly unwelcome development for producers'although welcome for US consumers'is a reversal of the price firming which has been witnessed in the US market in recent years. In the first five months of 2009, the average price of US textile and apparel imports fell by 3.5% compared with the corresponding period of 2008, after growing by 5.7% between 2005 and 2008. Editorial: Even China Is Struggling in the Recession-Hit US Textile and Apparel Market - Despite The Lifting of Quotas Page 1/3
  • 2. Find Industry reports, Company profiles ReportLinker and Market Statistics Fax Order Form To place an order via fax simply print this form, fill in the information below and fax the completed form to: Europe, Middle East and Africa : + 33 4 37 37 15 56 Asia, Oceania and America : + 1 (805) 617 17 93 If you have any questions please visit http://www.reportlinker.com/notify/contact Order Information Please verify that the product information is correct and select the format(s) you require. Editorial: Even China Is Struggling in the Recession-Hit US Textile and Apparel Market - Despite The Lifting o f Quotas Product Formats Please select the product formats and the quantity you require. 1 User License--USD 343.75 Quantity: _____ Corporate License--USD 2 062.50 Quantity: _____ Contact Information Please enter all the information below in BLOCK CAPITALS Title: Mr Mrs Dr Miss Ms Prof First Name: _____________________________ Last Name: __________________________________ Email Address: __________________________________________________________________________ Job Title: __________________________________________________________________________ Organization: __________________________________________________________________________ Address: __________________________________________________________________________ City: __________________________________________________________________________ Postal / Zip Code: __________________________________________________________________________ Country: __________________________________________________________________________ Phone Number: __________________________________________________________________________ Fax Number: __________________________________________________________________________ Editorial: Even China Is Struggling in the Recession-Hit US Textile and Apparel Market - Despite The Lifting of Quotas Page 2/3
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