France'S Textile And Garment Industry Is Recovering &Nbsp, And Its Output Increased By 6% Last Year.
According to a recent report by French fashion Research Institute, France, 2010
textile industry
The output of upstream products increased by 6%, of which fiber and yarn output increased by 10%, knitted and weaving grew by 15%, and its revenue accounted for less than 5% of the total manufacturing industry, reaching 12 billion 200 million euros.
Analysts believe that the main reason for the rebound in French textile industry is the rising demand in the international market, and the export of the entire textile product has increased by 7%, to 8 billion euros.
Law on the US market
Export growth
Up to 37%, an increase of 47% in China and an increase of 30% in Canada.
Domestic law
Garment market
Weakness was affected by a 0.6% drop in household consumption.
According to statistics, the unemployment rate of French textile industry eased in 2010, and employment increased by 4%, with a total number of 70254.
The number of bankruptcies in textile and garment enterprises is also gradually decreasing, to 348.
There are 3287 new enterprises (including individuals).
Reported that experts believe that it seems that the overall macroeconomic environment is better now, France's GDP growth is expected to reach 2% this year.
But in fact, France's economic development is still fragile, the unemployment rate has been at a high level of +9%, household consumption may still be reversed, and the amount of investment in the future has not increased.
The concerns of the French industry include the following three points: first, changes in the prices of raw materials and energy; secondly, the exchange rate risk between the euro and the US dollar; and finally, the competitiveness of French labor costs in the euro area.
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