Home / Knowledge / News / Textiles / Pakistan textile exports decline in July-April FY12
Pakistan textile exports decline in July-April FY12
18
Jun '12
Textile exports from Pakistan have declined during the first ten months of the current financial year that began on July 1, 2011.
 
“During the July-April 2011-12 period, Pakistan’s textile exports have declined by 22.3 percent year-on-year in volume and 9.6 percent year-on-year in value terms,” Pakistan Apparel Forum (PAF) Chairman, Mr. Jawed Bilwani, told fibre2fashion. 
 
Compared to textile exports worth Pk Rs. 11.219 billion registered in July-April 2010-11, Pakistan exported textiles worth Rs. 10.143 billion during the same period of current fiscal.
 
Mr. Bilwani attributes the decrease in textile exports to the continuous increase in the prices of utilities and the problem of load shedding.
 
“While textile exports from Pakistan are on a decline, exports from Bangladesh, India and China are on the increase. If the problem is from the buyers side, then it should impact all the countries, not only Pakistan,” says Mr. Bilwani. 
 
“This means, either our cost of production is more or the supply of utilities is not enough,” he argues.
 
“The Government should, at least for the export sector, keep the prices of utilities stable for a minimum of one year, instead of changing it very frequently,” he suggests. 
 
“High volatility in yarn prices is another reason for increase in the cost of production and thereby, a decline in exports. Yarn price stayed at 62 cents for a fortnight, but then it increased to 75 cents. The fluctuation is in the range of 10-15 percent,” he avers. 
 

Fibre2fashion Newsdesk - India


Must ReadView All

Apparel/Garments | On 24th Jun 2017

JD enters into strategic partnership with Farfetch

E-commerce giant, JD, China's largest retailer, and Farfetch, the...

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Kai Poehler
Voith Paper GmbH & Co. KG

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

Ashok Desai
Bombay Textile Research Association

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Sonam & Paras Modi
SVA

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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