Home / Knowledge / News / Textiles / Chinese share in global textile & garment trade dips

Chinese share in global textile & garment trade dips

04
Jun '12
Majority of the garment exporters in the Pearl River Delta region are facing shortage of orders from their overseas clients.

Many of these also do not dare take new orders, due to the huge spread between domestic and foreign cotton prices.

"Chinese textiles are losing shares in international market!" Sun Huaibin, spokesman of China Textile Industry Association said at a conference held on May 31.

In January-April, Chinese textile and apparel exports rose 1.07 year on year, of which, textile exports only grew by 0.15 percent.

He said the downward pressure of Chinese textile exports was mainly caused by the widening difference between domestic and international cotton prices.

Due to lack of demand in international market, international cotton prices have been tumbling since September 2011 and the spread is widening.

As of May 25, 2012, domestic cotton price of M 328 was 18,853 Yuan per ton, while international cotton price was 13,393 Yuan per ton after levying 1 percent customs duty and VAT.

Global market shares of many Chinese textile and apparel producers have transferred to other countries, due to the widening spread between domestic and foreign cotton.

The latest data show that from January to March this year, China's textile and apparel share in the US and Japanese markets were 35.58 percent and 72.03 percent, respectively, down 4.55 percent and 2.92 percent respectively compared with 2011.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Columbia Sportswear Company

Apparel/Garments | On 30th Jul 2021

US’ Columbia Sportswear targets 30% reduction in emissions by 2030

American outerwear and footwear brand Columbia Sportswear Company has ...

Pic: Oritain

Textiles | On 30th Jul 2021

New Zealand's Oritain & Panda Biotech to develop traceable hemp fibre

New Zealand's Oritain and Panda Biotech have announced a partnership...

Pic: Shutterstock

E-commerce | On 30th Jul 2021

SE Asia digital economy to multiply more than thrice by 2025: RedSeer

Southeast Asia's $114-billion digital economy market across six big...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Textile Industry, Head honchos

Textile Industry
Head honchos

Ensured payment of fee was least concern for students

Textile Industry, Head honchos

Textile Industry
Head honchos

Biggest learning was adaptability

Zayed Moyeen,

Zayed Moyeen

Far East Knitting and Dyeing Industries LTD (FEKDIL) was established in...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah & Sandeep is a luxury menswear label...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

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


July 2021

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


Advanced Search