Home / Knowledge / News / Textiles / China's yarn export volume rises in Jan'14
China's yarn export volume rises in Jan'14
12
Mar '14
The exports of yarn, including cotton yarn, synthetic yarn, silk yarn and wool and animal hair yarn, from China increased by 7.7 percent year-on-year to 331,000 tons in January 2014, according to the Chinese customs statistics.
 
However, the value of China’s yarn exports declined by 1.1 percent year-on-year to US$ 1.07 billion. The average yarn export price was $3.23 per kg, showing a decrease of 8.2 percent year-on-year.
 
Category-wise, chemical fibre yarn exports amounted to $660 million, an increase of 5.8 percent year-on-year; while cotton yarn exports amounted $210 million, down 18 percent; silk yarn exports were valued at $20 million, down 16.2 percent; and wool and animal hair yarn export decreased by 3.5 percent year-on-year.
 
Market-wise, China’s yarn exports to the EU, South Asia, Japan and North America rose in January 2014, while those to the Asean countries and Latin America declined. The Asian market accounted for 68.8 percent of all yarn exports from China, valued at $740 million, down 6.3 percent year-on-year.  Of this, the exports to the Asean region declined 7.5 percent to $170 million, but increased by a sharp 24.5 percent to 51,000 tons in quantity. 
 
China’s yarn exports to the South Asian countries of India, Bangladesh and Pakistan increased by 4.3 percent year-on-year, 23.7 percent and 12.8 percent, respectively, to $60 million, $100 million and $50 million.
 
During the month, China’s yarn exports to Japan, North America and the EU increased by 10.6 percent, 19.1 percent and 15.4 percent, respectively, to $40 million, $40 million and $130 million. On the other hand, exports to Latin America decreased by 6.6 percent to $50 million.
 
In terms of average price, the export prices of cotton yarn and silk yarn increased in January 2014, while others dropped. The average export price of cotton yarn was $4.85/kg, up 4.8 percent year-on-year, whereas that of silk yarn was $45.66/kg, up 27.5 percent. The average export price of wool and animal hair yarn dropped 1.1 percent to $30.46/kg and of synthetic yarn by 7.6 percent to $3.01/kg.
 
In January 2014, China imported 239,000 tons of yarn valued at $800 million, registering a decrease of 1.8 percent year-on-year and 2.2 percent year-on-year, respectively. The average import price was $3.322/kg, down 0.4 percent year-on-year.
 
In 2013, China exported 3.689 million tons of yarn worth $12.1 billion, showing a rise of 11.8 percent year-on-year and 6 percent year-on-year, respectively, at an average export price of $3.28/kg, down 5.2 percent year-on-year. The country also imported 2.788 million tons of yarn amounting to $9.61 billion, up 28 percent year-on-year and 25.4 percent year-on-year, respectively.
 

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Paolo Ocleppo
Sandvik Hyperion

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

Lynda Kelly
Suominen Corporation

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Bani Batra

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

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

news category


Related Categories:
June 2017

June 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