Overview of China Textile Industry (1-11, 2012)

Jul 03, 2013  |  by
Part of the orders from the European and American markets has turned to the countries with lower labor cost, such as Cambodia, Vietnam, Indonesia, etc., due to the fact that the costs of production, business operation, etc., had increased. Since the internal structure and regional textile supply chain out there have been completed gradually, the advantage of its textile and garment export will get up, and the competitiveness will be further enhanced in the future, which will make a significant impact on China’s textile and apparel exports.
 
In order to promote the healthy development of textile industry, in 2013, China will implement the annual import tariff rates below MFN for the products, such as the down, linen fiber, automatic spinning machine, etc., which means that the national policy guidance will be conducive to the sustainable development of textile industry.
 
With the troubles of the slow global economic recovery, weak foreign demand, overcapacity, etc., from January to November, China’s export of textile and apparel realized $224.87 billion, increased by 1.5% year-on-year, while down 20.4 percentage points in the growth rate over the same period last year, and 5.9 percentage points lower than average growth rate of the 7 kinds of labor-intensive products.
 
Among them, the export of textiles made of natural fiber reached $18.26 billion, a year-on-year decline of 6.3%, and the growth rate dropped 27.9 percentage points compared with the year of 2011. Chemical fiber and tech-textile products export realized $34.47 billion, decreased by 0.9%, down 37.3 percentage points compared the same period previous year. Clothing and accessories export reached $170.11 billion, increased by 3% year-on-year, while the growth rate was 16.1 percentage points lower than the same period previous year. In addition, from January to November, the export of China’s textile machinery products was $2.04 billion, increased by 1.2%, and growth rate dropped 26.6 percentage points.
 
Natural Fiber Products: Main export markets ups and downs; the Asean saw a slight growth, while the EU was still weak.
From January to November last year, Asean, Hong Kong, Bangladesh and EU, as the top four big exporting markets of China’s natural fiber products, the export value totalized $10.09 billion, accounting for 55.3% of the total amount, breaking down into $3.79 billion, $2.88 billion, $1.79 billion and $16.3 billion respectively in theses focus markets.
Export to ASEAN and Bangladesh increased by 6% and 17.9% year-on year, respectively; while export to Hong Kong and EU saw a year-on-year decrease of 4.2% and 24.5%. Compared with the first half, the second half year of 2012 saw a continuous slump in EU, and a mild rebounding in Asean.
 
Chemical Fiber & Tech-textile Products: Overall exports fell slightly, while the export to Asean market maintained a fast growth.
From January to November last year, China’s chemical fiber and tech-textile products export reached $34.47 billion, seeing a year-on-year decline of 0.9%. In the major markets, export to EU, Hong Kong and India all saw a decline in different degrees except in  ASEAN and USA  that kept a positive growth,.
 
Among them, the export to Asean and USA realized $6.45 billion and $2.17 billion, increased by 11.7% and 3.7% year-on-year, respectively. Export to EU, Hong Kong and India was $3.56 billion, $1.68 billion and $1.33 billion, down 2.8%, 12.4% and 24.2%, respectively. The export of the above five markets accounted for 44.1% of the total export of China’s chemical fiber and tech-textile products in the year of 2012.
 
Regarding main varieties of the chemical fiber and tech-textiles export, the polyester products export was in the first place. There were 5 varieties with the export amount over $1 billion, accounting for 27.8% of the total.
 
Clothing & Accessories Export: The export increased slightly, while the Asean market export showed rapid growth.
 
From January to November last year, China’s clothing and accessories products export realized $170.11 billion, a year-on-year increase of 3%, maintaining a low recovered situation. Affected by the debt crisis, the European market is always weak, resulting in the significant drop China’s export to EU.
 
The export to EU reached $35.85 billion, a year-on-year decline of 13.5%, while the export to the United States, Japan and Asean was $30.59 billion, $22.45 billion and $13.34 billion, seeing a year-on-year increase of 2.9%, 0.8% and 58.3% respectively. The export value of the above four markets accounted for 60.1% of the total export of China’s clothing and accessories products.
In the perspective of the main products, the product is mainly cotton clothing. From January to November last year, there were six varieties with the export over $4 billion, accounting for 21.3% of the total China’s clothing and accessories export.
 
Machinery Products: Overall exports increased slightly, while export to Asaen and Bangladesh kept a fast growth.
From January to November last year, China’s machinery products export totalized $2.04 billion, witnessing a year-on-year growth of 1.2%. Export to India and EU was $370 million and $160 million, down 18.9% and 6.6% respectively, while export to Asean and Bangladesh realized $420 million and 160 million, up 28.6% and 16.2% respectively. Export of the above four markets accounted for 55% of the total China’s textile machinery export.
 

2024.12   

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