Home / Knowledge / News / Textiles / Fall in unit prices lead to lower export figures

Fall in unit prices lead to lower export figures

07
Aug '09
In the just completed fiscal year (2008-09), textile and apparel exports from Pakistan fell by 9.59 percent to $9.61 billion. The comparable export sales figures of the previous fiscal year (2007-08) are $10.63 billion.

Experts from the sector are attributing the fall in value mainly to the drop in unit prices, which has come about due to the inability of the exporters to keep their commitments to their overseas buyers.

Another reason put forth by these experts is that the in the previous fiscal, Pakistan was a recipient of spillover orders from buyer countries. Spillover orders to other countries are given as a contingency measure to meet increased demand.

In the period under preview, unit prices of knitwear fell 8.27 percent. That of raw cotton dipped 11.79 percent, cotton yarn was down by 9.96 percent, bedwear dipped by 6.95 percent and towels 5.85 percent during the year.

The only saving grace was that the unit price of cotton fabrics was up 3.74 percent and that of readymade garments also went up by 10.87 percent during the just completed fiscal, when corresponded with unit prices of 2007-08.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 21st Aug 2019

Chinese fabric firm mulls entering Philippines

Chinese firm Texhong Textile Group Ltd, which manufactures yarns and...

Pic: Shutterstock

Retail | On 21st Aug 2019

US shoppers embrace subscription service, AR as tools: GfK

Augmented reality (AR) and subscription services are enthusing US...

Pic: Shutterstock

Textiles | On 21st Aug 2019

Khadi items sale saw 145% growth from 2014-15 to 2018-19

The Khadi and Village Industries Commission's (KVIC) turnover crossed ...

Interviews View All

Smarth Bansal, Colorjet India Limited

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

C Kamatchisundaram, Voltas

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

DK Sharma, Velocity Apparelz

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Harsh Shah,

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Erwin Devloo,

Erwin Devloo

Picanol develops, produces and markets high-tech weaving machines, based...

Michael Van Den Dolder,

Michael Van Den Dolder

Family-owned German textile machinery manufacturer Trützschler operates...

Chunyi Zhi, City University of Hong Kong

Chunyi Zhi
City University of Hong Kong

<div><b>Chunyi Zhi</b>, associate professor in the Department of Materials ...

Matthew Kolmes, Supreme Corporation

Matthew Kolmes
Supreme Corporation

Supreme Corporation manufactures innovative specialty yarns and safety...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Varsha Wadhwa, VW

Varsha Wadhwa
VW

Coming from a family that ran a business of jute and linen mills since...

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 2019

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

news category


Related Categories:

Advanced Search