19 January 2011
Average prices of EU clothing imports sharply rebounded in most categories of products in the third quarter last year, as reflected in our series of statistical tables. The increase in US$ terms was even inflated in euro terms by a fall of the European currency, from a year earlier. Import volumes continued however declining in most categories.
Average prices of European clothing imports began sharply rebounding in a large number of HS 4-digit categories of products in the third quarter last year, from their level in the same period of 2009.
In 6204 (women's and girls' suits and trousers) for example, unit prices of EU's imports rose 5% in US$ terms in the third quarter, after declining 3.2% in the first quarter and rising only 0.7% in the second quarter, from the same periods of 2009, respectively.
The rebound was even more spectacular in woven underwear categories.
In T-shirt and pullover categories, prices also recovered in the third quarter.
In euro terms, unit values more sharply increased in addition, due to a fall of the European currency against the US dollar between the third quarter 2009 and the same period in 2010.
T-shirt prices for instance surged more than 15% while men/boy woven shirt prices were rising 18%.
Not surprisingly, import values also rebounded in euro terms, but the recovery was less obvious in volume terms, with declines being still reported in most categories.