Home / Knowledge / News / Textiles / Summary of T&G sector in Pakistan
Summary of T&G sector in Pakistan
06
Feb '09
Pakistan is also going through a period of crisis, as faced by many other Asian countries like China, India and Vietnam in the exports of textiles and garments since the last few months. This has primarily come about. due to the recessionary trends prevailing across global markets, particularly in US and EU, which are key markets for the country.

Though, thankfully exports by volume from the textile and garment sector, which accounts for 65 percent of all shipments from the country have grown in the period July- December, but at the same time there has been erosion in the turnover value of exports, as the exporters were compelled to sell at a far lower per unit price, than those prevailing a year, earlier.

For instance, price of raw cotton plunged by as much as 9.25 percent to US $975.4 per MT compared to $1074.71 per MT prevailing in the same period of 2007. Per unit value of cotton fabrics fell from $0.99 per sq. metre to $0.95 per sq. metre. Apparels also witnessed a fall of 3.46 percent in value, in the period under review.

Among the leading product categories, where the decline was substantial were, tent and canvas 13.80 percent, art, silk and synthetic 11 percent, bed wear 11.48 percent, knitwear 10.65 percent and towels 5.16 percent. The only saving grace, in the otherwise falling value of all products was that value of made-ups (excluding towels and bed wear), recorded a growth of 2.71 percent, while that of cotton yarn stayed flat.

Overall exports from the textile and garment industry in the period July-December fell by 1.79 percent, which would make it hard for the sector to achieve its targeted figure of $22 billion in the current fiscal ( July-June).

Fibre2fashion News Desk - India


Must ReadView All

EU, Japan finalise Economic Partnership Agreement

Textiles | On 18th Dec 2017

EU, Japan finalise Economic Partnership Agreement

Building on the political agreement reached in principle during the...

WTO, ITC launch cotton portal to enhance transparency

Textiles | On 18th Dec 2017

WTO, ITC launch cotton portal to enhance transparency

The World Trade Organisation (WTO) and the International Trade Centre ...

India much behind China in containerised cargo capacity

Textiles | On 18th Dec 2017

India much behind China in containerised cargo capacity

India’s total containerised cargo capacity of 8.75 million...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Urmil Arya

Sushila International, a well established textile organisation established ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Urs Stalder
Sanitized AG

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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

Yes No

Active Poll

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

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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

Yes No

Active Poll

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

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

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

Active Poll

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

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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