Home / Knowledge / News / Textiles / European textile & apparel sector performance good in Q1
European textile & apparel sector performance good in Q1
Jul '14
The European textile and clothing sector continued with its good performance of the last quarter of 2013 in the first quarter of the current year, according to the data from the Association of Knitwear – Hellenic Fashion Greece.
The most positive development was the increase in retail sales by 3.7 percent during the first three months of 2014.
During the quarter, the production of synthetic fibres increased by 6.3 percent year-on-year, while production of textiles, including yarn and fabric, increased by 3.2 percent, and of clothing by 2.2 percent.
In term of business turnover, there was a 5.1 percent year-on-year increase in the textile segment, and 0.8 percent rise in the clothing segment.
Retail sales of textiles and clothing increased by 3.7 percent year-on-year during the three-month period, recording the largest quarterly increase in the last three years.
An increase was also recorded in the European textile and clothing exports from January to March 2014. Textile exports increased by 2.8 percent year-on-year to €5.1 billion, whereas garment exports grew by 3.2 percent to €5.7 billion. The largest increase of 11.7 percent was recorded in exports to China, followed by 10.5 percent growth in exports to the US. However, exports to Russia declined by 4 percent.
On the other hand, the growth of retail sales helped to increase imports during the quarter. Textile imports were up 8.2 percent year-on-year to €6.9 billion, while clothing exports rose 6.1 percent to €18 billion. The largest increase of 26.4 percent was recorded in imports from Pakistan, followed by an increase of 15.3 percent in imports from Bangladesh, 5 percent in imports from Turkey and 3.1 percent in imports from China.
However, average prices of imported textile and apparel goods fell between 4 to 6 percent during the quarter, compared to the same quarter of last year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Rahul Bhadani

Navigating through catalogues is a bit hasslesome

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
May 2017

May 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search