Home / Knowledge / News / Textiles / Exports of sewing machines constitutes 25% of output value
Exports of sewing machines constitutes 25% of output value
30
Oct '08
From the end of the 20th century to the beginning of this century, China has become the world's largest sewing machinery producing country due to rapid development, so much so that China's output of sewing machines accounts for about 70 percent of world production.

Products from the industry are exported to more than 158 countries and regions. However, behind the brilliant achievements, the industry clearly understands and realizes that the advantage in production does not necessarily mean market advantage.

According to the preliminary data analysis of the 2007 market by the China Association of Sewing Machinery, output value of Chinese sewing machine industry was about Yuan 42 billion in 2007 while exports reached only US $1.48 billion (Yuan 10.4 billion), accounting for only 25 percent of the total output value.

Therefore the association concluded that China export prospects can be increased to the next level of growth. In addition, the boom in the apparel manufacturing exports of the last few years also contributed to pace in domestic sales.

Due to continuous appreciation of RMB and other influences, clothing exports have dropped drastically in 2008, which has led to lower domestic demand due to which sewing machine manufacturing enterprises are facing tremendous pressures and challenges.

To survive, the domestic manufacturers will have to explore new markets or increase penetration in existing international markets.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Giorgio Mantovani
Corman S.p.A

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search