Home / Knowledge / News / Textiles / Chinese silk goods exports decline in Jan-Feb
Chinese silk goods exports decline in Jan-Feb
15
Apr '11
According to China Customs statistics, China's silk exports registered a negative growth rate of 2.18 percent during the first two months of this year. On the other hand, average unit price recorded an increase of 49.94 percent on year to year basis for the period. In terms of total earnings from exports, it registered an increase of 46.68 percent.

China exported 2662 tons of various silk goods earning US $114 million with the average unit price of US $42.89 / kg for the months of January and February. In total silk exports, silk goods accounted for 20.06 percent. The top five export markets of silk categories were India, Italy, Pakistan, Japan, and South Korea for this period.

In silk exports, raw silk, silk yarn, twisted yarn were three principal commodities with a lion share of 79.83 percent of total silk exports.

In different categories, raw silk exports registered an increase of 6.81 percent on year to year basis. China exported 927 tons of raw silk worth US $48.19 million with an average unit price of US $52/ kg. In terms of total value it registered a growth rate of 64.46 percent and 53.98 growth rate in terms of average unit price.

In twisted silk yarn segment, exports stood at 495 tons with a decline of 16.43 percent. It earned US $25.91 million from the twisted silk yarn exports showing an increase of 18.9 percent. For this variety, the average unit price marked US $52.33/ kg, an increase of 42.28 percent on year to year basis.

China exported 703 tons of silk yarn worth US $18.10 million. While its export quantity declined by 6.53 percent, export earnings registered an increase of 36.88 percent on year to year basis. For this variety, the average unit price was 46.65 higher compared to the previous year at US $25.74/ kg.

China's exports of silk goods to India declined 0.66 percent standing at 1,000 tons. It exported goods worth US $51.29 million to India, earning 54.51 percent more on year to year basis.

Exports to Italy were 18.06 percent at 328 tons. For Italy, the export value reached US $13.93 million, an increase of 59.67 percent on year to year basis.

China's exports to Pakistan declined significantly. China exported 274 tons of silk goods witnessing a big decline of 40.85 percent. It recorded negative growth rate of 49.88 percent with a total export value of US $3.05 million on year to year basis.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 19th Aug 2017

New fabric interfaces to interact with computers

As computer capabilities evolve, new fabric-based interfaces are...

Textiles | On 19th Aug 2017

Brazilian cotton prices drop in first fortnight of August

Cotton prices dropped in the Brazilian market in the first fortnight...

Apparel/Garments | On 19th Aug 2017

Target to acquire Grand Junction for faster deliveries

Target Corporation has announced that it has agreed to acquire Grand...

Interviews View All

Rahuul Jashnani
Jashn

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

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silvia Venturini Fendi
Fendi s.r.l

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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

August 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
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

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
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

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
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

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
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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