For the past year importers have been in a state of flux, trying to reconcile rising supplier costs with falling consumer demand. Desperation brought radical changes, rushing hither and yon in search of low cost suppliers. Business was taken from long time reliable factories and given to relative newcomers. National industries which had been languishing for years suddenly found themselves inundated with new orders.
We are all familiar with China’s declining garment exports. Less familiar was the dramatic rise in exports from Philippines and Pakistan.
The world’s economic problems are still very much with us, but it now appears — looking at the latest U.S. figures — that garment customers may have settled down to a new but stable order.
Looking first at the major garment supplying countries and regions, China looks best, with unit market share rising by 6.7% and value market share rising by 1.8%.
ASEAN is doing well with an overall rise in unit market share of 0.9% and value market share rising by 0.7%.
The individual ASEAN countries show mixed results, but leaning towards the positive.
On the positive side:
Vietnam: Units up 9.0%. Value up 7.1%
Cambodia: Units up 8.5%. Value up 4.5%
On the negative side:
Indonesia: Units down -5.7%. Value down -2.5%
Philippines: Units down -4.8%. Value down -4.2%
Thailand: Units down -20.6%. Value down -14.1%
MEXICO/DR-CAFTA which had been doing well is now suffering with an overall decline in unit market share of -5.4% and value market share falling by -1.1%
The individual MEXICO/DR countries show mixed results, but leaning towards the negative.
On the positive side:
Nicaragua: Units up 6.4%. Value up 19.4%
El Salvador: Units up 0.8%. Value up 2.5%
Mexico: Units down -1.2%. Value up 1.5%
On the negative side:
Dominican Republic: Units up 0.5%. Value down -4.2%
Honduras: Units down -15.4%. Value down -10.6%
Guatemala: Units down -13.9%. Value down -11.0%
SOUTH ASIA which also had been doing well is now declining rapidly with an overall decline in unit market share of -6.9% and value market share falling by -4.2%
The individual SOUTH ASIA countries show mostly negative results with all countries showing decline with the notable exception of Sri Lanka.
On the positive side:
Sri Lanka: Units up 8.0%. Value up 15.7%
On the negative side:
Bangladesh: Units down -5.6%. Value down -0.8%
India: Units down -9.3% Value down -9.1%
Pakistan: Units down -14.2%. Value down -20.3%
Looking at the second level region
On the positive side:
Sub-Saharan Africa: Units up 5.7%. Value up 6.1%
On the negative side:
ANDEAN Units down -11.4%. Value down -19.1%
Looking at the second level countries
On the positive side:
Jordan: Units down -0.9%. Value up 14.0%
On the negative side
Egypt: Units down -16.1%. Value down -0.8%
Haiti: Units down -13.0%. Value down -3.3%
|
All Garment Products |
All Garment Products |
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|
Market Share in Units – YTD 04-12 |
Market Share by Value – YTD 04-12 |
|||||||
| Units |
2011 |
2012 |
% +/- | Value |
2011 |
2012 |
% +/- | |
| SSA |
0.9% |
1.0% |
5.7% |
SSA |
1.1% |
1.1% |
6.1% |
|
| G.China |
33.9% |
36.2% |
6.7% |
G.China |
32.6% |
33.2% |
1.8% |
|
| ASEAN |
24.6% |
24.8% |
0.9% |
ASEAN |
24.3% |
24.4% |
0.7% |
|
| MX/DR-CAFTA |
17.3% |
16.3% |
-5.4% |
MX/DR-CAFTA |
15.3% |
15.1% |
-1.1% |
|
| S. ASIA |
17.5% |
16.3% |
-6.9% |
S. ASIA |
16.9% |
16.2% |
-4.2% |
|
| ANDEAN |
0.6% |
0.5% |
-11.4% |
ANDEAN |
1.5% |
1.2% |
-19.1% |
|
| Nicaragua |
1.8% |
1.9% |
6.4% |
Nicaragua |
1.6% |
2.0% |
19.4% |
|
| Jordan |
0.8% |
0.8% |
-0.9% |
Jordan |
1.1% |
1.3% |
14.0% |
|
| Sri Lanka |
1.6% |
1.7% |
8.0% |
Sri Lanka |
2.0% |
2.4% |
15.7% |
|
| Vietnam |
9.0% |
9.8% |
9.0% |
Vietnam |
8.9% |
9.5% |
7.1% |
|
| Cambodia |
4.5% |
4.9% |
8.5% |
Cambodia |
3.6% |
3.7% |
4.5% |
|
| El Salvador |
3.4% |
3.4% |
0.8% |
El Salvador |
2.3% |
2.3% |
2.5% |
|
| Mexico |
4.3% |
4.2% |
-1.2% |
Mexico |
5.1% |
5.2% |
1.5% |
|
| Bangladesh |
8.0% |
7.6% |
-5.6% |
Bangladesh |
6.9% |
6.8% |
-0.8% |
|
| Egypt |
1.2% |
1.0% |
-16.1% |
Egypt |
1.3% |
1.3% |
-0.8% |
|
| Indonesia |
6.7% |
6.3% |
-5.7% |
Indonesia |
7.6% |
7.4% |
-2.5% |
|
| Haiti |
1.2% |
1.0% |
-13.0% |
Haiti |
0.9% |
0.9% |
-3.3% |
|
| Dom Rep |
0.9% |
0.9% |
0.5% |
Dom Rep |
0.8% |
0.8% |
-4.2% |
|
| Philippines |
1.9% |
1.8% |
-4.8% |
Philippines |
1.7% |
1.6% |
-4.2% |
|
| India |
5.0% |
4.5% |
-9.3% |
India |
5.7% |
5.2% |
-9.1% |
|
| Honduras |
5.1% |
4.3% |
-15.4% |
Honduras |
3.4% |
3.0% |
-10.6% |
|
| Guatemala |
1.5% |
1.3% |
-13.9% |
Guatemala |
1.8% |
1.6% |
-11.0% |
|
| Thailand |
1.8% |
1.4% |
-20.6% |
Thailand |
1.8% |
1.5% |
-14.1% |
|
| Pakistan |
2.9% |
2.5% |
-14.2% |
Pakistan |
2.3% |
1.8% |
-20.3 |
|
While it is still too early to declare this to be the new order of strategic supplying countries. Recent trends tend to support the latest data.
Thanks for your post