www.fibre2fashion.com
SUSTAINABILITY2PROFITABILITY - Impact feature is live
   Home >  Articles  >  Industry


 
 
Development and Competition Forecasting of Industrial Textile in China
By :   Chuanxiong Zhang, Minru Zhu, Yan Zhang 
Free Download   Email Article   Discuss Article   Print Article   Rate Article
 

Table 2: Index of Competitive Ability of industrial textile in Trading


Year

Import

(billion dollars)

Export

(billion dollars)

Index of Competitive Ability

2003

16.59

18.21

0.046

2004

18.45

23.41

0.118

2005

20.22

31.74

0.222

2006

25.48

40.05

0.222

2007

27.56

50.64

0.295


Compared with the other products of textile industry, the index of competitive ability for industrial textile is still relatively lower. However, the tendency of increase is more obvious than others. It is worth to mention that half amount of the export of textile products belongs to processing and assembling trade which means lower profits along with greater export amount, larger market share and higher competitive index. Hence, accurate assessment of competitive level of textile industry requires the comprehensive consideration of trading amount, price and added value to explore the actual competitive ability of industry.


The industry of industrial textile has characteristics and advantages of intensive capital, high technology, low labor force, qualified worker and huge domestic market, which are totally different from traditional textile industry with intensive labor and poor technology. At present, the exported amount of industrial textile is relatively low and most of the products are still sold in domestic market, which leads to the low competitive index of international trade. In the long run, the industry of industrial textile with high added value and advanced technology will have huge potential market and great competitive ability.


4. Development Forecasting of Industrial textile in China


Along with sound development of national economic, it is forecasted that industry of industrial textile and nonwoven will keep healthy, stable and rapid development. According to National 11th five-year plan, the development goal of annual output in 2010 for industrial textile is 6000 thousand tons. Based on the statistics from CNITA, the annual output in 2007 was 5443.2 thousand tons. The setting output from government will be completed two years earlier than expected, provided that the annual growth rate of 2008 is 18% which is the average annual growth rate in the last five years or 10% for consideration of sluggish global economy. Accelerating the optimization and upgrading of the industrial structure, the industrial textile still has enormous potential room for growth under stable economic development in China, especially for filtration materials, geosynthetic materials, canvas and buildtech. The filtration materials are most likely to fluctuate with the national environment policy. In recent years, the higher environmentally friendly requirement for steel, metallurgy, chemical engineering, cement and coal industry and definite requirement and norm for filter bag and dust settling pocket make the application of filter material more standardizing and offer more potential market for industrial textile.


 

1 2  ]    

 

Published On Tuesday, February 24, 2009
 
 
 

 
 
Free Download   Email Article   Discuss Article    Print Article   Rate Article
 


Product Focus
AVITERA SE Beaker Dyer for Sample Dyeing by Werner Mathis AG

Subscribe to our Premium Articles & get global updates about trends & developments of textile and apparels
Greek Mythical Inspiration on Fashion
NAMA Negotiation for Textile & Clothing
The Impact Feature - Machinery Compendium
Submit Articles about your products and services - Get them published as Featured Articles
Search Article
Submit Your Article Contributor's Profile Contributor's Login Subscribe for Newsletter RSS Feeds Disclaimer
Disclaimer | About Us | Enquiry | Sitemap | Our Services | Feedback / Comments | Internet Rank
Copyright © 2012.
All rights reserved by
Sanblue Enterprises Pvt. Ltd.
For best view:
Use Internet Explorer 5.0+,
Screen resolution 1024 x 768
ICICI Payment Gateway
Secure Merchant
ISO 9001 certified