Home / Knowledge / News / Textiles / Textile raw materials import slide down
Textile raw materials import slide down
22
Feb '08
According to customs data, in 2007 China's total imports of all types of textile raw materials reached nearly 4.37 million tons, a reduction of almost 1.21 million tons from 2006, down 19.18 percent on year.

The country expended around US $7.63 billion for these products, down 7.65 percent from 2006. However, in 2007 import price for textile raw material saw an improvement from the previous year.

Of the total products imported to the country, cotton grabbed a larger proportion, taking total annual imports to 2.46 million tons, accounting for 56.29 percent of the country's total cotton import. This commodity also demonstrated a fall of around 1.34 million tons from a year earlier, with 32.47 percent decline.

Further, import volume of silk decreased by 36.22 percent, but prices saw a hike by 35.32 percent. Polyester chip imports amounted to 2,94,200 tons, a year-on-year increase of 52.43 percent and its value grew by 56.57 percent.

China's procurement of raw materials mainly concentrated in Asian region, amounting to $2.71 billion, which accounted for 35.49 percent of the total import value, rendering a slight decrease of 2.3 percent from the previous year.

Where as, purchases from the United States amounted to $1.922 billion, down 24.2 percent. Supplies from Australia reached upto $1.612 billion, a surge of 21.2 percent.

Shanghai, Jiangsu, Shandong and Beijing were the provinces and municipalities, which imported textile raw materials from these places. Textile raw material imports of these regions together amounted to $4.582 billion, accounting for 60 percent of China's total import value in 2007.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Rupa Sood and Sharan Apparao
Nayaab

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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