Home / Knowledge / News / Textiles / Silk foresees smooth route
Silk foresees smooth route
04
Jan '08
In recent years, overall silk consumption trend in international market is more optimistic, keeping with the world economic development trend.

Though international oil price turmoil has hit the industries, it has not affected overall economic growth. The world economy has maintained steady growth and demand for silk has not been left behind.

In recent years, China's silk exports have showed a stable growth, despite exports declining last year due to high prices.

The 2007 Spring Fair saw sharply increased orders from Europe and India. Lower price for autumn cocoon was only a superficial phenomenon. In fact, many exporters reflect having received increased foreign trade orders and expect silk exports to continue growing.

In the international market, traditional markets like the EU, the US, and Japan continue to maintain stable silk consumption, while India has surpassed them, becoming the top purchaser. Experts believe that with India's economic development, silk consumption in the country will continue to maintain a growth momentum.

China has a population of 1.3 billion and if per capita consumption was to be one meter of silk fabric, the gross quantity would come to 1.3 billion meters. At present, China's silk fabric output is less than 700 million meters, so domestic market shows great potential for silk consumption.

It is estimated that cocoon consumption in domestic market is above 30 percent, and the trend has been increasing year by year.

Silk quilt is one of the main products, with annual production of more than 5 million pieces. Annual silk consumption is about 12,000 tons, equivalent to nearly 100,000 tons of fresh cocoons, accounting for 14 percent of China's cocoon production.

Fibre2fashion, News Desk - China


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Eric Scholler
Groz-Beckert

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Rupa Sood and Sharan Apparao
Nayaab

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> 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

news category


Related Categories:
July 2017

July 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