13 May 2010
US apparel imports rebounded in volume terms in most categories over the first quarter this year. Unit prices generally fell 6%-10% depending on categories with larger decreases for certain products, as reflected by our series of statistical tables.
US apparel imports rebounded in volume terms in nearly all categories over the first quarter this year, compared with the same period of 2009.
The growth in foreign shipments is also in sharp contrast with the slight decline observed in the fourth quarter last year.
A double-digit rebound is seen in a large number of key apparel categories, in volume terms.
This is however from a low level in the first quarter last year, when overall US apparel imports had fallen 9% in volume terms.
Compared with the same quarter two years ago, imports are down in most categories, as a result.
The rebound of the first quarter 2010 observed in volume terms actually disappears if considering data in US$ terms, reflecting a strong decline in unit prices.
A double-digit drop in import values is even observed in a few categories.
Overall US imports are down more than 8% in US$ terms from the same quarter two years ago.
They fell up to 25% in certain categories, like cotton skirts.
Unit prices generally lost 8% with a sharper decline for cotton sweaters (-17%) and man-made fiber sweaters (23%).
Compared with the same quarter two years earlier, unit prices are down 9% on average, with a fall of more than 10% in a few categories.