Home textile exports of China, India, Sri Lanka, Pakistan down in 2022
07 Nov 22 2 min read
China’s home textile exports slipped in the first quarter of this year but improved in the following quarters. They came down to $10.062 billion in the first quarter of 2022 from $12.031 billion in the fourth quarter of 2021 and moved up again to $10.292 billion in the second quarter and $10.681 billion in the third quarter of 2022. The exports amounted to $10.941 billion in the first quarter of 2021, according to Fibre2Fashion’s market insight tool TexPro.
However, a trend like that of China’s was not seen in India, Sri Lanka or Pakistan. India’s exports of home textiles declined to $2.189 billion in the first quarter of 2022 from $2.333 billion in the fourth quarter of 2021. The export further slipped to $2.026 billion in the second quarter of 2022. The shipment was $2.153 billion in the first quarter of 2021.
Similarly, home textile exports from Sri Lanka came down to $32.516 million in the first quarter, $31.501 million in the second quarter and $27.239 million in the third quarter of 2022 from $34.013 million in the fourth quarter of 2021 and $35,993 million in the first quarter of 2021, as per TexPro.
- Chinese firm keen on opening leather, wool factories in Tajikistan
- Sinopec presents China's petrochemical outlook and decarbonisation
- Sharp decline continues in Turkiye’s apparel exports to Czech
- G20 merchandise exports rebound in Q1 2024
- China’s port throughput rises 6.1% in Q1 2024: Fitch Ratings
- Retail sales volumes drop across most sectors in UK in Apr 2024
Pakistan’s exports fell to $1.465 billion in the first quarter of 2022 from $1.575 billion in the fourth quarter of 2021. The shipment stood at $1.262 billion in the first quarter of 2021.
Fibre2Fashion News Desk (KUL)
This according to Fibre2Fashion's Market Intelligence Tool - TexProPopular News
|
US’ Dick's Sporting Goods’ net sales rise 6.2% to $3.02 bn in Q1 FY24 |
|
US retailer Ross Stores posts net earnings of $488 mn in Q1 |
|
PVH signs agreement for Cambodian garment workers |
|
Bangladesh apparel export to Europe hit $2.963 bn in Jan-Apr 2024 |
|
Demand rises in south India’s cotton yarn market, prices up in Mumbai |
|
BASF India expands production capacity in Panoli & Thane |