China's Textile And Apparel Industry Meets Share Ceiling

Canton Fair third issue Spin clothing The four traditional markets in Europe, America, Japan and Hongkong account for about 60% of their exports. There is no fundamental improvement in the traditional market, and the textile and garment industry is hard to get real. The development of emerging markets is fruitful, but the small number of emerging markets is still hard to make up for the decline of traditional markets such as Europe, America and Japan.

In the first quarter of this year, China's textile industry clothing Exports of US $57 billion 890 million increased by 15.7%, but in March, exports of textile and clothing decreased by 11%. In April, the export volume of textile and clothing will continue to decline. They said the data in the first quarter fluctuated too much and the two quarter trade data would be closer to the true level of the market. At present, the hand orders have been polarized. Large enterprises can hold orders for 3-6 months, but small and medium-sized enterprises have less than 3 months' hand orders. The price of clothing is expected to rise by around 5% this year, which will basically cover the rise of costs for large enterprises.

As a matter of fact, in recent years, the loss of Chinese textile and apparel orders is serious, and it can be seen from the change of China's market share. The share of Chinese textiles in the European and American traditional markets is declining at a rate of one percentage point a year, of which the Japanese market share has dropped from 80% before the financial crisis to 75%. A certain province of Guangdong textile The chairman of the import and export company said that after several years of rising raw material prices and rising labor costs, almost all purchasers were asking for the transfer of production. The company also suggested that the factories it cooperate with would go to Bangladesh and Kampuchea to open factories. "Now the increase is partly due to contributions from overseas factories." At present, a car sewn worker in Bangladesh has a monthly salary of 48 dollars, equivalent to about 300 yuan, while China's monthly salary of this type of work is 2500-3000 yuan.

Nowadays, China's textile and apparel industry has suffered a share of the ceiling, although the share in the international market will not be cut off, but it is also difficult to upgrade. The share of China's textile and apparel in the world market is between 35%-40%, and reached 40% of its peak in 2008. This amount is expected to be basically stable. He said that although the loss of orders for low-end products in China is serious, the added value of high-end goods is rising. That is to say, although the export volume of Chinese textiles will decline in the future, the export unit price will rise, so the final export volume can be relatively stable.