Pakistan Yarn Prices Fall To Ease The Embarrassment Of Garment Industry
In March,
Pakistan
The added value of textile exports to the total textile exports increased to 74%, with a historical average of 56-60%, which should be appreciated for the downturn in the yarn market.
In the total textile exports of $1 billion 249 million in March, exports of basic textiles (consisting of fabrics and all types of yarns) amounted to US $250 million, while the export of value-added products amounted to US $988 million.
The decline in yarn prices is a relief for the clothing sector. The clothing department has been able to win higher prices from foreign buyers, a major clothing exporter said.
Bart said that because clothing orders were negotiated for three months before low yarn prices, it would make up for the value-added sector last year.
Yarn price
Losses arising from rising.
In March this year, exports of knitwear increased by 81.1% over the same period last year.
In March, the export of knitwear reached 15 million 690 thousand dozen, with exports of 9 million 160 thousand last year, an increase of 70.2% over the same period last year.
The export of bedding increased by 66.3% compared to the same period last year, reaching US $239 million 295 thousand, and the export volume was 143 million 913 thousand US dollars in the same period last year.
The number of bedding exports reached 3551 kilograms in March this year, an increase of 35.2% over the same period last year.
In March this year, the export of towels increased by 101.6% from last year's 58 million 868 thousand US dollars to 118 million 693 thousand US dollars.
Exports increased by 95.1% over the same period last year, from 1597 kilograms to 31 million 160 thousand kilograms.
The export of garments and garments increased by 73.1%, from $106 million 816 thousand to $184 million 935 thousand, and exports increased by 70.9% over the same period last year, from 3 million 540 thousand to 2 million 70 thousand in the same period last year.
Exports of other manufactured goods increased by 105.6% over the same period last year.
Exports of art, silk and certified textiles increased by 3.2% compared with the same period last year, while exports of other textile materials increased by 85.2% over the same period last year.
Because of tents, canvas and
Tarpaulin
Exports were restricted, and exports of these categories declined.
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