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 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Amardeep Singh
Orient Craft

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

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mark Paterson
Technical Absorbents Ltd

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Aditi Somani
Aditi Somani

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, 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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X