Home / Knowledge / News / Textiles / French textile imports from China fall marginally in 2012
French textile imports from China fall marginally in 2012
01
Feb '13
French textile imports from China declined marginally by 2.1 percent year-on-year in 2012, as Chinese manufacturers are facing increased competition from other textile exporting countries like Pakistan, India, Indonesia, Madagascar, Poland, Spain and Portugal, the French textile federation has said.
 
This is the first time that China’s exports to French textile and apparel market have witnessed a decline since the abolition of quotas in 2004.
 
The share of Chinese textiles and apparels in the French market increased from 10 percent in 2000 to 22 percent in 2005 and to 34.1 percent in 2011, according to the data of the Association of French fashion.
 
But, in the first 10 months of 2012, China’s share in French textile and apparel market dropped to 33.9 percent. In terms of value, French imports of textiles from China decreased by 5.8 percent year-on-year, while imports of India-made textiles increased by 16.17 percent year-on-year.
 
In fact, China’s textile exports to entire European market dropped significantly by nine percent year-on-year during the period, according to the data.
 
According to analysts, there are several reasons for the reduction in Chinese textile exports to French and European markets. First, Chinese textile and apparel manufacturers are now producing more for local brands, owing to rapid development of China’s domestic market, resulting in a dip in production for foreign brands.
 
Secondly, inflation and appreciation of Renminbi cut competitiveness of Chinese textile products, although the production efficiency of Chinese textile manufacturers continues to rise.
 
Thirdly, wages in Chinese textile and apparel sector have risen by 181 percent since 2004. In 2012, the wages in Chinese textile and garment industry increased by 25 percent and they are likely to grow by another 20 percent in 2013.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 26th Apr 2017

Kering's consolidated revenue growth rises 31.2% in Q1

The consolidated revenue growth for luxury group Kering for the first ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Pranav Mishra
Huemn

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

Ritu Kumar
Label Ritu Kumar

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

Bani Batra

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

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
April 2017

April 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