Home / Knowledge / News / Textiles / Chinese textile machinery exports zoom
Chinese textile machinery exports zoom
29
Dec '11
Reflecting a positive trend, textile machinery exports from China surged significantly during first three quarters of the current year.

As per the National Bureau of Statistics of China data, textile machinery exports grew at a year-on-year rate of 33.04 percent to touch US$ 1.65 billion during the period.

Knitting machinery turned out to be the largest contributor with a share of 29.06 percent in textile machinery exports and clocked US$ 480 million, up a stupendous 35.95 percent, which however fell 12.12 percent, when compared with first two quarter of 2011.

Next to knitting machinery, auxiliary equipment and parts, chemical fibre machinery, nonwoven fabric machinery, dyeing, finishing and post-treatment machinery, weaving machinery, spinning machinery and weaving preparation machinery largely contributed to textile machinery exports from the country.

China shipped its textile machinery to 165 countries during the period, with Japan, Pakistan, India, Bangladesh and Indonesia being the top five importers, accounting for around 50.16 percent of total exports.

Further, as revealed by the Bureau's statistics for 676 textile machinery manufacturers, the domestic industry produced RMB 77.49 billion or US$ 12.26 billion worth of textile machines during the review period, a 28.48 percent hike from a year ago.

According to experts, such a significant rise in country's textile machinery sales volume is attributable to the extra efforts made by the textile businesses towards fine-tuning their product portfolio's rising labour costs.

This kindled the demand for upgrading and substituting the existing textile machinery with new automatic, high speed, continuous, intelligent machines with better production capacity.

Moreover, during 2010, the textile machinery suppliers fell short of meeting the demand, due to which, some of the orders were carried forward to this year.

However, in the second half of the year, particularly after October, comparatively less number of fresh orders have been booked by these textile machinery producers.

Fibre2fashion News Desk


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search