The Fastest Growing Garment Supplier In The United States In 2011
According to the latest information, Bangladesh and Kampuchea are the United States of America in 2011.
Garment imports
The fastest growing supplier in the market; anticipation.
Salvatore
And Honduras will also grow strongly.
Bangladesh, Kampuchea, Salvatore, Honduras and Pakistan are clearly the cheapest suppliers in the 10 largest garment suppliers in the United States in 2010.
The success of these countries reflects the fact that American buyers are still looking for low-cost suppliers when the US economy is recovering slowly. Moreover, according to TextilesIntelligence's report on Trade and trade policy: the American clothing import market, Bangladesh, Kampuchea, Salvatore and Honduras continued to win the US market share in the first 2 months of 2011.
Bangladesh is the fastest growing country in the country of garment supply, soaring by 39% in terms of import value, and increased by 31% by American buyers to Kampuchea, making Cambodia the second largest supplier in the United States.
Considerable growth also showed that Salvatore and Honduras' exports to the United States increased by 23% and 19% respectively, but Salvatore's growth was slower than that of 2010, while Honduras remained the same.
This situation shows that the US consumer confidence has been restored, and buyers have made large orders to Asian manufacturers.
The 4 countries in Bangladesh, Kampuchea, Salvatore and Honduras in 2010 witnessed the brilliant performance of the US garment market at a lower price than their competitors.
In response to the recent rise in the price of raw materials, the 4 countries increased their selling prices in the first 2 months of this year, but their competitors also did.
As a matter of fact, the average unit price of clothing imports in the United States has increased over the previous 4 years.
It is expected that the unit price will rise a lot this year. Although cotton prices have begun to fall in April, many garment buyers have been following the subsequent orders when the cotton prices rose earlier in 2010 and earlier this year.
As profit margins are limited, all supply chain operators should reduce their efforts.
Production costs
In order to absorb the increase of raw material cost, it seems that the cost of most of the rising raw materials will inevitably be pferred from the supply chain to the consumers.
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