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

Courtesy: UPM Raflatac

Apparel/Garments | On 17th Jan 2017

New residue free textile label adhesive from UPM Raflatac

Producer of self adhesive label materials UPM Raflatac, has...

Courtesy: Authentic Brands Group

Apparel/Garments | On 17th Jan 2017

Teen retailer Aéropostale reopens 500 stores in US

Teen apparel retailer Aéropostale has reopened 500 stores in the US,...

Courtesy: Centric Software

Information Technology | On 17th Jan 2017

Centric releases version 6.0 of PLM solution

Centric Software, the leading PLM solution for fashion, retail,...

Interviews View All

Rahuul Jashnani
Jashn

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

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Lynda Kelly
Suominen Corporation

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

Mark Paterson
Technical Absorbents Ltd

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

Eric Scholler
Groz-Beckert

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Rupa Sood and Sharan Apparao
Nayaab

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search