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

Courtesy: PIB

Textiles | On 30th Jun 2016

Govt to extend MUDRA loans to 5 lakh weavers in 3 years

The ministry of textiles has set a target of extending loans under...

Texprocil chairman RK Dalmia

Textiles | On 30th Jun 2016

Extend spl package to home textiles: Texprocil to govt

Welcoming the special package for the garment sector recently...

Yin Group chairman Yin Zhiyong

Textiles | On 30th Jun 2016

Changyuan acquires textile machinery maker Yin Science

Changyuan Group (also CYG Group) has announced acquisition of textile ...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Tony Ward
Tony Ward

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
june 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search