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European apparel imports drop 7.24% in 2024 amid geopolitical tensions

14 Feb '25

2 min read

European apparel imports drop 7.24% in 2024 amid geopolitical tensions

Insights

In 2024, Europe's apparel imports fell by *.*% to $*****.* billion amid geopolitical unrest.
China and Bangladesh increased their market shares in apparel, while shares for Turkiye, Germany, and Italy declined.
Home textile imports also decreased, but China expanded its market share.
Fabric imports dropped, with China again boosting its share.

Apparel imports were noted at $***.*** billion in ****. However, the top two suppliers, China and Bangladesh, successfully managed to increase their shares in the inbound shipments. The Chinese share increased to **.** per cent, and Bangladesh&#**;s to **.** per cent in the last year. The market shares of both nations were recorded at **.** per cent and **.** per cent respectively in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

However, the market shares of Turkiye, Germany, and Italy, the next three largest suppliers, shrunk in ****. The share of Turkiye was *.** per cent, Germany *.** per cent, and Italy *.** per cent last year. In ****, these countries stood at market shares of *.** per cent, *.** per cent, and *.** per cent, respectively.