Ja­pan be­gins 2018 with de­cline in its ap­parel im­ports

Apparel Online - - Trade Statistics -

Over the years, Ja­panese con­sumers’ ap­parel spend­ing has been greatly af­fected by fac­tors such as tax in­cre­ment, age­ing pop­u­la­tion and low dis­pos­able in­come. These fac­tors have re­sulted in price sen­si­tiv­ity among the Ja­panese cus­tomers and it’s fur­ther caus­ing a shift in pur­chas­ing pat­tern that is greatly af­fect­ing the ap­parel in­dus­try in Ja­pan. As a con­se­quence, the year 2018 too started on a neg­a­tive note as the coun­try im­ported low vol­umes on high unit prices in Jan­uary month.

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