Imports stood at $5.467 million in Q4 2021, $4.559 million in Q1 2022 and $3.988 million in Q2 2022. The country imported apparel worth $2.369 million in July and August during the third quarter of this year. However, the imports fluctuated in the recent months. They improved to $1.314 million in August from $1.055 million of July 2022. They were at $1.682 million in June, $1.383 million in May, $0.922 million in April and $1.219 million in March 2022, according to Fibre2Fashion’s market insight tool TexPro.
UK’s apparel imports from Taiwan declined in the last few quarters, decreasing to $3.988 million in the second quarter (Q2) 2022 from $5.750 million in Q3 2021. The inbound shipment has been on a downward trajectory for many years despite support from the UK and the western world. The imports dropped by over 40 per cent to $18.674 million in 2021.
The annual imports of the UK from Taiwan have been declining in the past few years. It came down to $18.674 million in 2021 from $33.898 million in 2017. The imports stood at $20.879 million in 2018, $16.934 million in 2019 and $19.192 million in 2020. The inbound shipment amounted to $10.918 million during the first eight months of this year, as per TexPro. Taiwan has been a minor supplier of apparel for the UK for many years.
Fibre2Fashion News Desk (KUL)