Home / Knowledge / News / Textiles / Exports of sewing machines constitutes 25% of output value

Exports of sewing machines constitutes 25% of output value

30
Oct '08
From the end of the 20th century to the beginning of this century, China has become the world's largest sewing machinery producing country due to rapid development, so much so that China's output of sewing machines accounts for about 70 percent of world production.

Products from the industry are exported to more than 158 countries and regions. However, behind the brilliant achievements, the industry clearly understands and realizes that the advantage in production does not necessarily mean market advantage.

According to the preliminary data analysis of the 2007 market by the China Association of Sewing Machinery, output value of Chinese sewing machine industry was about Yuan 42 billion in 2007 while exports reached only US $1.48 billion (Yuan 10.4 billion), accounting for only 25 percent of the total output value.

Therefore the association concluded that China export prospects can be increased to the next level of growth. In addition, the boom in the apparel manufacturing exports of the last few years also contributed to pace in domestic sales.

Due to continuous appreciation of RMB and other influences, clothing exports have dropped drastically in 2008, which has led to lower domestic demand due to which sewing machine manufacturing enterprises are facing tremendous pressures and challenges.

To survive, the domestic manufacturers will have to explore new markets or increase penetration in existing international markets.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 29th Oct 2020

Bangladesh restored 40% of cancelled RMG orders: minister

Bangladesh foreign minister AK Abdul Momen recently said the...

Pic: Shutterstock

Textiles | On 29th Oct 2020

Uzbek trade body, Indonesian textile firm mull cooperation

Representatives of the Uzbekistan Textile and Garment Industry...

Pic: Shutterstock

Textiles | On 29th Oct 2020

PRC unofficially boycotts Australian cotton, imports halt

All cotton exports by Australia to China have reportedly stopped...

Interviews View All

Spokesperson, Hugo Boss

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Textile Industry, Head honchos

Textile Industry
Head honchos

Verticals like fast fashion won’t completely adopt personalisation on...

Textile industry, Head honchos

Textile industry
Head honchos

Clothes are no more bound by gender

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Madhu Sudhan Bhageria,

Madhu Sudhan Bhageria

Incorporated in August 1990, Filatex India Ltd manufactures manmade...

Mehul Vithalani,

Mehul Vithalani

Gopi Knitts is one of the most celebrated manufacturers and suppliers of...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Alfonso Marra, Klopman

Alfonso Marra
Klopman

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Nisha Chanda, Whistling Woods International School of Fashion

Nisha Chanda
Whistling Woods International School of Fashion

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

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

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


October 2020

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


Advanced Search