Exports Of Knitted Products Grew Faster In The First Half Of The Year.
In the first half of the year, knitted garments and knitted fabrics continued to maintain strong export growth.
The export of knitted garments was US $23 billion 637 million, an increase of 23.65% over the same period last year, and the export of knitted fabrics was US $4 billion 42 million, an increase of 42.01% over the same period last year.
Although the export volume increased rapidly in the first half of the year, the quality of growth was not high.
The appreciation of the RMB against the US dollar and the euro has brought difficulties to export enterprises, and the rise of raw material prices and manpower costs has squeezed the profit margins of knitting enterprises.
It is estimated that the export of knitted products is likely to move forward before and after the year.
The average price was 1.4 US dollars / m, up 4.48% over the same period last year.
According to customs statistics,
Knitted products
It includes two categories: knitted garments and knitted fabrics.
knitting
clothing
It includes three major categories: cotton knitted garments, chemical fiber knitted garments and wool knitted garments. Knitted fabrics include five categories: pile fabric, knitted fabric <30CM, knitted fabric >30CM, warp knitted fabric and other knitted fabrics.
On the whole, China's knitted garments and knitted fabrics continued to maintain strong export growth in the first half of the year under the backdrop of the international market downturn.
The main reasons are: first, under the impact of the international financial crisis, the export volume in the first half of last year was at a low level and the base was relatively low, which made the year-on-year growth rate very attractive in the first half of this year.
Second, international market demand has stabilized.
Take the United States as an example. Since the first half of this year, the unemployment rate announced by the US Department of labor has dropped from 10% to 9.6%.
Although still at a high level, but compared with last year, it is a relatively good period, so market consumption has also been somewhat warmer, which also led to the export of Chinese knitwear.
Moreover, the rising export prices also make the export volume grow rapidly.
This is mainly reflected in knitted garments.
In the first half of this year, the export prices of knitted garments increased by 6.33% over the first half of this year. If the price rise factor was deducted, the export volume increased by only 16.35%.
Exit
The rise of prices is largely driven by rising domestic labor costs, raw material costs and operating costs.
Knitting garments export volume and price increase
Comparison of export situation of knitted garments (units: 100 million, 100 million US dollars, US dollars / pieces)
In 2010 1~6, China exported $23 billion 637 million of knitted garments to the world, an increase of 23.65% over the same period last year. The growth rate is 1.39 percentage points higher than the overall export speed of textile and clothing (22.26%).
The average export price of knitted garments in 2010 1~6 was US $2.52 / piece, an increase of 6.33% over the same period last year.
Export volume and price increase, and the momentum is better.
The top 5 export markets for knitted garments are Japan, the United States, Germany, Kazakhstan and China's Hongkong special economic zone.
The largest export amount to Japan was 3 billion 491 million US dollars, and the export growth of Kazakhstan was the fastest, the growth rate was 162.77%, and the export price growth was the fastest, with the same ratio of 45.9%.
Cotton knitted apparel
In 2010 1~6, China exported 12 billion 293 million US dollars of cotton knitted garments to the world, an increase of 25.58% over the same period last year. The growth rate is 3.32 percentage points higher than the overall export speed of textile and clothing (22.26%).
The average export price of cotton knitted garments in 2010 1~6 was 2.43 US dollars / piece, an increase of 8% over the same period last year, and export volume and price increased.
Chemical fiber knitted garments
In 2010 1~6, China's total exports of chemical fiber knitted garments to the world amounted to US $8 billion 968 million, an increase of 20.85% over the same period last year, and the growth rate was 1.41 percentage points lower than the overall export speed of textiles and clothing (22.26%).
The average export price of knitted garments in 2010 1~6 was US $2.45 / piece, an increase of 5.60% over the same period last year.
Export momentum is weaker than that of knitted apparel.
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Woolen knitted garment
In 2010 1~6, China exported 23 billion 637 million dollars of wool knitted garments to the world, an increase of 8.18% over the same period last year, and the growth rate was 14.08 percentage points lower than the overall export speed of textile and clothing (22.26%).
The average price of 1~6 in 2010 was 5.96 US dollars / piece, up 27.08% over the same period last year.
Knitted fabric exports increased significantly
Comparison of exports of knitted fabrics (units: 100 million, 100 million US dollars, US dollars / meters)
In the first half of 2010, China exported 4 billion 42 million US dollars of knitted fabrics to the world, an increase of 42.01% over the same period last year. The growth rate is 19.75 percentage points higher than the overall export speed of textile and clothing (22.26%).
In 2010, the average price of 1~6 month was 1.26 US dollars / m, down 0.79 percentage points compared with the same period last year.
The top 5 export markets for knitted fabrics are Hongkong SAR and Vietnam, the United States, Kampuchea and Brazil.
Among them, the amount of exports to Hongkong was the largest, reaching 973 million 520 thousand US dollars; exports to Brazil grew fastest and increased by 108.67% compared to the same period last year; meanwhile, the unit price of Brazil exported knitted fabrics also increased year by year, reaching 0.96%. As an emerging market, Brazil showed a better growth potential.
Raising fabric
In 2010 1~6, China's total exports to the world accounted for 19.72% of the total export volume of knitted fabrics, reaching 797 million US dollars, an increase of 33.59% over the same period last year, and the growth rate was 11.33 percentage points higher than the overall export speed of textile and clothing (22.26%).
The average price of 1~6 in 2010 was 1.4 US dollars per meter, up 4.48% over the same period last year.
Knitted fabric <30CM
In 2010 1~6, China's total exports of knitted fabrics to the world accounted for less than 0.3% of the export volume of knitted fabrics, which was only about <30CM.
1~6 export amounted to US $11 million 950 thousand, an increase of 53.19% over the same period last year. The growth rate is 30.93 percentage points higher than the overall export speed of textile and clothing (22.26%).
In 2010, the average price of knitted fabric <30CM 1~6 was 0.06 US dollars per meter, unchanged from the same period last year.
Knitted fabric >30CM
In 2010 1~6, China's total exports of knitted fabrics to the world accounted for 17.06% of the total exports of knitted fabrics, reaching 689 million 500 thousand US dollars, an increase of 38.56% over the same period last year, and the growth rate was 16.30 percentage points higher than the overall export speed of textile and clothing (22.26%). The total volume of knitted fabric exports in 2010 was up to US $689 million 500 thousand.
The average export price of knitted fabrics >30CM in 2010 1~6 was 1.78 US dollars / m, down 1.11 percentage points compared with the same period last year.
Warp knitted fabric
In 2010 1~6, China exported $213 million 550 thousand to warp knitted fabrics worldwide, an increase of 52.88% over the same period last year. The growth rate is 30.62 percentage points higher than the overall export speed of textiles and clothing (22.26%).
In 2010, the average export price of 1~6 menstrual knitted fabrics was 0.76 US dollars / meter, down 14.61 percentage points compared with the same period last year.
Other knitted fabrics
In 2010 1~6, China exported 2 billion 329 million dollars of other knitted fabrics to the world, an increase of 45.21% over the same period last year. The growth rate is 22.95 percentage points higher than the overall export speed of textile and clothing (22.26%).
The average export price of other knitted fabrics in 2010 1~6 was 1.32 US dollars, up 0.76% over the same period last year.
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