Home / Knowledge / News / Textiles / Silk foresees smooth route
Silk foresees smooth route
04
Jan '08
In recent years, overall silk consumption trend in international market is more optimistic, keeping with the world economic development trend.

Though international oil price turmoil has hit the industries, it has not affected overall economic growth. The world economy has maintained steady growth and demand for silk has not been left behind.

In recent years, China's silk exports have showed a stable growth, despite exports declining last year due to high prices.

The 2007 Spring Fair saw sharply increased orders from Europe and India. Lower price for autumn cocoon was only a superficial phenomenon. In fact, many exporters reflect having received increased foreign trade orders and expect silk exports to continue growing.

In the international market, traditional markets like the EU, the US, and Japan continue to maintain stable silk consumption, while India has surpassed them, becoming the top purchaser. Experts believe that with India's economic development, silk consumption in the country will continue to maintain a growth momentum.

China has a population of 1.3 billion and if per capita consumption was to be one meter of silk fabric, the gross quantity would come to 1.3 billion meters. At present, China's silk fabric output is less than 700 million meters, so domestic market shows great potential for silk consumption.

It is estimated that cocoon consumption in domestic market is above 30 percent, and the trend has been increasing year by year.

Silk quilt is one of the main products, with annual production of more than 5 million pieces. Annual silk consumption is about 12,000 tons, equivalent to nearly 100,000 tons of fresh cocoons, accounting for 14 percent of China's cocoon production.

Fibre2fashion, News Desk - China


Must ReadView All

VF Corporation to split into two independent companies

Apparel/Garments | On 14th Aug 2018

VF Corporation to split into two independent companies

VF Corporation, a global leader in branded lifestyle apparel,...

Courtesy: Good On You

Apparel/Garments | On 14th Aug 2018

Good On You in Oz adds 500 European brands to rating app

Australia-based Good On You’s brand-rating app has recently added 500 ...

Courtesy: USDA/FAS

Textiles | On 14th Aug 2018

US cotton exports in 2017-18 highest in over a decade

Cotton exports from the US in 2017-18 reached their highest level...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Siddhachakra Weaving (Badiya Fashion)

Ahmedabad-based Siddhachakra Weaving Pvt Ltd was established in 2011 under ...

Shivani Swamy

The Livinguard Technology is owned by Green Impact Holding AG based in...

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Nisha Chanda
Whistling Woods International School of Fashion

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

Sidharth Sinha
Sidharth Sinha

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

Chandani Sahi
By Chandani

By Chandani is a womenswear prêt couture brand with fusion silhouettes by...

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


August 2018

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

news category


Related Categories:

Advanced Search