Home / Knowledge / News / Textiles / Chinese share in global textile & garment trade dips
Chinese share in global textile & garment trade dips
04
Jun '12
Majority of the garment exporters in the Pearl River Delta region are facing shortage of orders from their overseas clients.

Many of these also do not dare take new orders, due to the huge spread between domestic and foreign cotton prices.

"Chinese textiles are losing shares in international market!" Sun Huaibin, spokesman of China Textile Industry Association said at a conference held on May 31.

In January-April, Chinese textile and apparel exports rose 1.07 year on year, of which, textile exports only grew by 0.15 percent.

He said the downward pressure of Chinese textile exports was mainly caused by the widening difference between domestic and international cotton prices.

Due to lack of demand in international market, international cotton prices have been tumbling since September 2011 and the spread is widening.

As of May 25, 2012, domestic cotton price of M 328 was 18,853 Yuan per ton, while international cotton price was 13,393 Yuan per ton after levying 1 percent customs duty and VAT.

Global market shares of many Chinese textile and apparel producers have transferred to other countries, due to the widening spread between domestic and foreign cotton.

The latest data show that from January to March this year, China's textile and apparel share in the US and Japanese markets were 35.58 percent and 72.03 percent, respectively, down 4.55 percent and 2.92 percent respectively compared with 2011.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search