“We know that Chinese buyers are looking for our products so that’s why we are here.” First-time exhibitor Fico Group from Thailand was showcasing their yarn and lace products. “The visitor flow has been very good. Overall, we are satisfied with the results of the fair,” said Varin Khanijow.
Exhibitors confirm demand still present in Chinese market
Despite recent economic uncertainty and a slowing of growth in the domestic market, many exhibitors confirmed the huge potential that still exists in China. “We see large demand in the future because in many cases it is more affordable for Chinese firms to import rather than purchase locally,” explained Abhijit Gawad from Indian firm Texperts India.
“Even though the economy has slowed overall, consumption here is still huge,” commented Rizwan Khan from Gul Ahmed Textile Mills, Pakistan, when asked about the potential in China.
Indus Dyeing & Manufacturing from Pakistan believes there is huge potential for siro yarn in China. “Because denim has strong demand in China now, siro yarn is very popular. We have had a good response to our products, with a lot of buyers visiting our booth.” Mariam Zehra from Dewan Textile Mills, also of Pakistan, agreed. “There is currently great demand for siro in China. Our main importer is China and 80% of our business is here, so we are optimistic about the market.”
This year, Yarn Expo Autumn was concurrently held with PH Value in the same venue (previously known as China International Knitting Trade Fair). Knitting yarn is also a common product that many buyers are looking for.
Nisar Khan from Nagina, Pakistan agreed to this, “We manufacture cotton yarn, polyester cotton yarn and siro yarn for denim. There are a variety of buyers from China and Hong Kong. They are traders and manufacturers, and are mostly looking for siro and knitting yarns.”