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Chinese exporters cynical of high growth in home textiles
05
Sep '12
Chinese home textile producers and exporters in unison rejected a recent report on the Chinese home textile sector, which states that it will grow at an annual rate of 20-25 percent in the next three years.

A few Chinese home textile exporter’s whom fibre2fashion spoke to, were of the unanimous opinion that they do not foresee export market improving in the rest of 2012 and even in 2013, taking the current export trends in to account.

Mr Dallon – Sales Head at Hangzhou–headquartered Hangzhou Jinhong Sanniao Down Products, a exporting company which produces mattresses, pillows, blankets, etc said, “Exports are down 15-20 percent in 2012. We have had a very bad time in this year and also expect the next year to be the same.

He added by saying, “Compared to 2010 and 2011, orders are drastically down from our main exporting regions – The US and European Union, so, we do not expect the home textile sector to post good growth rates in the next three years”.

Mr Dow from Weihai Yinjie Group Co Ltd, set up in 1964 and a producer and exporter of duvet covers, bedspreads and cushions, curtains and tablecloths rubbishes the report by saying, “our exports are down 17-20 percent in 2012 due to the European debt crisis, while there has been no growth to the US market”.

He also does not expect home textiles exports to improve in 2013. “Under the current circumstances, how can we expect home textile exports to grow by 20-25 percent till 2015”, he exclaims.

Spokesperson of Keqiao- based Zhejiang Zhonghua Home Textiles Group – Ms Julia informs, “2012 was a very bad year for us, as our exports of home textiles fell drastically. However we can only be optimistic about 2013 and hope that our home textiles shipments revive”.

Julia whose company exports voiles, embroider organza, burn out, ready made curtains and beddings to USA, Europe, India, Australia, Canada, Indonesia, Malaysia, Korea, Singapore, etc, is not sure about the sector growing at rates quoted in the report.  

Fibre2fashion News Desk - India

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