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Textile And Garment Exports Suffered Bottlenecks &Nbsp; Growth Slowed In 2011.

2011/1/11 14:12:00 67

Overseas Orders For Raw Materials And Accessories In Textile And Garment Industry

The past 2010 has been the most complicated year for China's textile and garment industry. Fortunately, the demand of the international market is getting warmer and warmer, which drives the export of textile and clothing to break through the $200 billion mark.

However, the industry generally believes that this rapid growth momentum is not sustainable this year.


According to the data released by the General Administration of customs, China in 2010 1~12 months

Tired of textiles and clothing

The figure was $206 billion 530 million, an increase of 23.59% over the same period last year.

Among them, the export of textiles was US $77 billion 51 million, an increase of 28.44% over the same period, and exports of clothing and accessories reached US $129 billion 478 million, up 20.88% over the same period last year.


  

China's first textile network

Chief analyst Wang Qianjin said that the growth of China's textile and clothing exports has been in steady growth since the beginning of last year, reversing the negative growth situation.

If the exchange rate factor is denominated in RMB, China's textile exports have reached the highest level since 2010.


Many textile and garment enterprises reported that exports had a good growth last year.

Overseas orders

Continued recovery is also closely related to the rapid rise of raw material costs, labor costs and other comprehensive costs. The export price of textile and garment has risen to varying degrees, and now it is gradually facing price bottlenecks. Exports may slow down in 2011.


Zhou Xiaonan, deputy general manager of Ningbo Huamei Wire Industry Co., Ltd., said that because of the pressure of rising costs, the company raised its prices several times in 2010. The price rise in the previous several years was relatively smooth, but by the end of the year, the price of many export products had risen to 30%~40%, and overseas buyers had begun to conflict with the price, and the new orders became more and more difficult to talk about.


Wang Qianjin said that in 2010, the labor cost of the domestic textile and garment industry increased by 20%~40% on average, and the prices of production factors such as raw materials and auxiliary materials increased by 30%~100%. After the two exchange rate reform, the renminbi appreciated by nearly 3%. Although the cost increased sharply, the increase in export prices became more and more difficult.

The 108th Canton Fair, which ended last November, has gradually seen that the situation is not optimistic in the coming months.

At the last autumn fair, orders for textile enterprises generally increased by 20% to 30% compared to the same period, and the price range of individual products was even as high as 40%.

However, more than 20% of the increase in foreign prices is generally unacceptable. Some European and American customers have begun to reduce the volume of purchases in China, and some low-end products tend to buy from Southeast Asia.


Because of the sharp changes in raw materials and exchange rates, domestic textile and garment enterprises are generally reluctant to take longer orders and larger orders. Since last November, many foreign trade processing enterprises such as Jiangsu and Zhejiang have been on holiday, which may have an impact on the export figures for the first quarter of 2011.


Wang Qianjin believes that there are two kinds of enterprises that can adapt to the international market, one is the enterprises with an average profit exceeding 5%, and there is still room for relaxation. Two, enterprises with bargaining power can pass on the pressure of increasing costs through raising prices.

Under the background of industrial restructuring, the polarization of export enterprises is intensifying, and the industry will probably play a big shuffle of "strong Heng Qiang and weak ones".

Industrial resources will accelerate to large enterprises.

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