Textile And Garment Industry Increased Significantly In The Second Half Of The Year

There is still a lot of uncertainty in the export market, which accounts for half of the Chinese textile and garment industry. The first export market in Europe has been sluggish, which has added many variables to the trend in the second half of this year. A number of enterprises have shown that this year's rebound to the level before the financial crisis is slim. It is expected that this year's export growth will be high and low.

"It is very chaotic, complicated, and can not judge the situation in the second half of the year." Wu Yixiong, general manager of Guangzhou South earth textile and Garment Co., Ltd. (hereinafter referred to as "South earth") is talking about business in Italy. He told the first Financial Daily reporters on the phone that the European market is not optimistic now, and it is difficult to develop new customers.

The garment company, which was recently envied by many of its peers at the 107th Canton Fair, offered a price of about $17 for a pair of jeans exported by design and its own brand, while the other enterprises generally quoted a price of $6~7. But even so, at the current cost of raw materials and other costs rising steadily, even the good profit of the south of the land is also frequently adjusting strategy.

Cotton, cotton yarn and other raw materials go all the way. At present, the national average sales price of standard grade cotton has been above 17 thousand yuan / ton, the highest has reached 17 thousand and 500 yuan / ton, the highest since 2004, and the price at the beginning of the year is only 14 thousand and 500 yuan / ton, and at the beginning of last year, it was only about 11 thousand yuan / ton. The price of elastic denim is also rising. In the past few months, the price has increased by more than 10%. The cost of one pair of jeans has increased by only a few yuan, and the cost of zipper accessories and labor is rising. The south of the world has launched more than 60% new products, and the price of new products has increased by about a dollar.

In the global economy, especially the European economy has not yet stabilized, overseas buyers are very cautious about the procurement of high-end products. When Chinese enterprises raise the price of orders, they may reduce the volume of purchases or transfer orders to other places. At present, the export cost of textile and clothing continues to rise. The supply and demand sides are currently sticking to the price, and some fragmented small transactions continue to control risks.

Mao Xiahua, director of the Department of trade management of Shanghai Pegasus import and Export Co., Ltd., an interview with our newspaper reporter, said that the new orders were not very good in the past month. There was almost no big list, small bills were sparse and the delivery time was urgent. Every minute and every second might be looking at the rising cost.

Mao Xiahua said, in the market has not yet fully recovered, it is difficult to price increases to buyers, the two sides of the future market confidence is still insufficient. Judging from the current orders, the European market is worrying, and European customers who have always had higher bids have been significantly reduced. Although the US market has improved, customers are continuing to place orders, but the price is lower and orders are still not stable.

In 1~5 months of this year, the export volume of Shanghai flying horse import and Export Co., Ltd. increased by about 10% year on year. According to Mao Xiahua analysis, this year's overall export estimate is still below the level of 2008, for example, it dropped by about 30% in the first quarter of last year, and increased in the first quarter of this year, but there is still a gap of 20% to the same period in 2008. In view of the current order trend, the export growth in the second half of this year may not be as good as the first half of the year.

The US retail sales data released by the US statistics bureau in May 2010 showed that the apparel retail industry in the United States dropped slightly in March compared with March this year in April. In April, sales of clothing and clothing stores in the United States amounted to $18 billion 260 million, down 1%, up 5.7% from the same period last year. The economic prosperity index of Germany released in May on the 21 day of the Munich Economic Research Institute (Ifo) fell to 101.5 points from 101.6 last month.

"This year's textile and clothing export chart should be higher and lower." In the interview with our reporter, Wang Qian, senior textile analyst and senior textile analyst, said that the textile and clothing domestic market could maintain a steady growth rate of over 15% in the second half of the year, but the export growth rate could be reduced from 15% to around 10%.

According to China Customs statistics, in 2010 1~3, China's textile and apparel exports totaled 37 billion 900 million US dollars, up 15.4% over the same period last year. With the slow recovery of the global economy, from the beginning of the year, the demand of major export countries and regions of China's apparel industry has also rebounded sharply. China's exports to the first largest export market reached US $8 billion 110 million, and US exports to the second largest export markets reached US $5 billion 620 million, with an increase of 16.8% and 21.8% respectively.

Wang pointed out that from this data, exports to Europe have not been affected by the European debt crisis for the time being, which is higher than the overall average, while exports to the United States have recovered faster. But with the gradual weakening of the factors such as the weakening of the euro, the growth rate of Chinese textile and garment exports may slow down in the second half. If the European economic situation worsens further, the growth rate of textile and clothing exports to the world will also fall to single digits. This may not be an ideal achievement at a lower base last year, and it will take at least one or two years to recover to 2008.