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Apparel imports in ME reach $3.349 bn in H1, China accounts to 31%

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Middle Eastern countries imported $3.349 billion worth of apparel, slightly above the $3.244 billion from the same period in 2023. The average price per unit dropped significantly, but the price per kg increased to $15.97 in H1 2024.

Amongst all the exporting nations, China ranked first on the suppliers’ list with a share of 31.43% ($977.016 million), followed by Bangladesh, Turkiye, Italy and India.

The Asia-Pacific region supplied about two third of the total apparel imported by the Middle East.

The supply from the top five countries to the region surged in the first six months of this year over the same period of last year. The imports from China grew by 31.89% in January-June 2022 on a yearly basis, compared to the mild growth of 0.88% in January-June 2021, according to Fibre2Fashion’s market insight tool TexPro.

Middle East’s apparel imports from Bangladesh rose to 62.76% in the first half of this year from 0.46 percent during the same period of last year. The share of Bangladesh in the total imports by the Middle East in the first half of this year was 11.55%.

The share of Turkiye, Italy and India stood at 9.36 per cent, 6.46% and 5.66% respectively. Morocco, Vietnam, Georgia, Spain, and Cambodia take the next 5 spots on the list of top 10 apparel supplier countries to the Middle East, as per TexPro.

Asia-Pacific was the largest sourcing region for the Middle East with imports amounting to $1.928 billion or 62.04 per cent of the total imports.

The Middle East’s apparel imports from all over the world stood at $2.959 billion in the second half of 2021, $2.269 billion in the first half of 2021, $2.416 billion in the second half of 2020 and $1.904 billion in the first half of 2020.

The post Apparel imports in ME reach $3.349 bn in H1, China accounts to 31% appeared first on DailyNews.

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