‘Aussie rain gear’ sold at $30,000-a-piece: report
Posted On August 5, 2021
AUSTRALIA has been hit by a wave of imports of Australian rain gear in recent years, including backpacking rainwear and clothing, as the world’s tropical weather conditions continue to affect the country.
Key points:A report by Australia’s largest retail chain says the boom in imports has been “unexpected”The retailer said it had seen an “unusual” surge in ordersThe chain said it was unable to comment on individual products but said its sales figures were “substantially down” in recent monthsThe Australian Consumer and Business Council’s annual survey on clothing imports, which it called “a good indicator of demand for Australian clothing”, has found the trend to be “unprecedented”.
The report, which has not been released publicly, said that of the total amount of clothing imported in 2016, about half of it was made in Australia.
The study also said there had been an “extraordinary increase in the number of items we are able to import at prices below those of our domestic suppliers”.
It found that while clothing exports in Australia were up 0.2 per cent in 2016 compared with 2015, imports rose 0.7 per cent.
The report said the trend had been expected because of “a number of factors including increased demand for garments in tropical regions, as well as concerns about climate change and increasing urbanisation”.
“It is important to note that there are no direct links between the recent increase in overseas demand and our domestic apparel sector,” the report said.
“However, these factors may have been contributing to an overall increase in imports of clothing in 2016.”
Import prices are only one measure of demand and it is important that we do not miss out on the benefits of local sourcing.”‘
It’s just another piece of Australian clothing’The CBA report said that while there had historically been an Australian boom in clothing, the number imported in the last three years had been “particularly unusual”.”
The number of overseas purchases of Australian apparel has also been unusual,” it said.
The CAB report said it did not believe the spike in imports in the third quarter of last year was due to an increase in demand.”
It’s more likely that the increase in domestic demand for apparel is simply due to the ongoing impact of extreme weather conditions on Australian apparel industry,” it found.”
The majority of imports were made from Australia and were delivered in the form of garments.
“The CAA said it expected a “moderate” increase in exports in 2017.”
In our view, the domestic apparel industry is expected to continue to see a significant increase in sales in 2017,” the group said.