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Textile Industry Or Reexport In 2011

2010/12/9 9:07:00 57

Textile Industry

  

In 2010, we got a turnover.

Textile and clothing

Export enterprises will face the dilemma of "low growth and high cost" next year.

Analysts at the forum of China Cotton Textile Industry Association recently predicted that the export environment of the 2011 industry will be more severe under the influence of many factors, such as high cost, increased exchange rate fluctuations and the expansion of the impact of the European debt crisis.


China cotton textile industry association data show that China in 1-10 months of this year

Spinning suit

Exports amounted to $161 billion 530 million, an increase of 23.13% over the same period last year, compared with -10% in 2009.


"The trade situation behind the seemingly beautiful data this year is not optimistic."

Wang Qianjin said that before October this year, China's total textile exports had exceeded the level of last year. It is estimated that the annual export volume of textile and clothing will be close to US $200 billion, a record high in the past years. China's textile and garment industry has more than 30% of the international market share, or has gradually become saturated.


In addition, domestic production costs are also rising sharply.

The main sample is

Small and medium-sized enterprises

The HSBC PMI index (purchasing managers' index) showed that in November, the average input cost of China's manufacturing industry rose sharply, and the rate of increase in November accelerated to a 28 month high.

According to the first textile network statistics, the cost of raw and auxiliary materials increased by about 30%-80% this year, and the cost of cotton and other main raw materials increased by more than doubled.

Labor costs, the Yangtze River Delta, Pearl River Delta wage increase generally 20%-40%.

At the same time, the government has increased the intensity of energy conservation and emission reduction and objectively increased the cost of environmental protection for enterprises.


With the sharp increase in costs, the export profit margins of enterprises have been continuously compressed, especially for some small enterprises, which may be difficult to digest the fast rising cost.

Wang Qianjin believes that this year's textile industry's overall benefits are relatively good, but 1/3's enterprises occupy more than 90% of the profits of the whole industry. Most of the enterprises are very low or even losing profits, so it is difficult to maintain operation.


At present, most of China's textile export enterprises are small and medium-sized enterprises.

According to the data from China Cotton Textile Industry Association, the export volume of China's large scale textile enterprises accounted for 62.83% of the total textile exports in 2010.

As the industry enters the era of "big business", Wang predicts that by 2015, this proportion will further increase to 75%, and many small businesses will be eliminated.


Analysts estimate that there are only two kinds of enterprises that can survive in the international market in the future: one is the enterprises with an average profit margin exceeding 5%, and the two is an enterprise with bargaining power.

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