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China's share declines in major textile & apparel markets
04
Mar '13
China’s share in major textile and clothing markets in the world began to decline in 2011, and the trend continued in 2012, especially in the EU and Japan markets.
 
From January to October 2012, Chinese products accounted for 40.3 percent of all textiles and garments imported by the EU, a decrease of one percent from the corresponding period of 2011, according to EU customs statistics.
 
During the same period, China’s share in the EU clothing market declined by two percent from 44.2 percent to 42.2 percent.
 
Meanwhile, the share of Asean countries in the EU textile and apparel market increased by 0.6 percent over 2011’s share to 8.2 percent, while its share in the clothing market also rose to nearly 10 percent.
 
The shift in orders from China to Asean and other countries/regions was more visible in the Japanese market. In 2012, Japanese textile and garment imports from China decreased by 1.7 percent and accounted for 73.2 percent of the Japanese market share, of which clothing accounted for 77.2 percent, down 2.7 percent from 2011.
 
During the year, Asean’s share in Japanese textile and clothing market increased 1.6 percent to 13.7 percent, while its share in the Japanese clothing market increased 2.1 percent from 2011 to 13.1 percent.
 
However, the share of Chinese products in the US textile and apparel market remained relatively stable. The share of Chinese goods in US textile and clothing imports increased 0.2 percent to 39.2 percent in 2012, according to the US customs statistics.
 
During the same period, the US imports of textiles and garments from Asean countries accounted for 18.6 percent share, same as the previous year.
 

Fibre2fashion News Desk - China

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