China'S Knitting Industry Is Heading For Difficulties.

In 2010, the total industrial output value, sales value and profit volume of the above scale enterprises in the knitting industry were doubled than in 2005.

In 2010, exports of knitted garments and accessories increased by 116% over 2005.

The weft knitting industry occupies an important position in the knitting industry, and the total industrial output value and the sales value of weft knitting enterprises account for more than 70% of the knitting industry.

China's entire textile industry to the end of 11th Five-Year.

In the 1-8 months of this year, the export amount of knitted garments and accessories in China amounted to US $51 billion 896 million, an increase of 26.47% over the same period last year. According to the proportion of finished products, 70% of the export bodies were completed by the small and medium-sized knitting enterprises. From the domestic market, the proportion of the domestic market of knitwear rose rapidly, and the rapid rise in speed directly led to the emergence of the standardization of the domestic market and the acceleration of logistics.

With the appreciation of RMB, the competitiveness of domestic knitwear exports has obviously declined.

Because of the global economic downturn and the continued spread of the European debt crisis, the global demand for non rigid demand is shrinking.

The wage level of workers has been rising steadily, and enterprises are facing difficulties in recruiting workers. The cost of energy is rising rapidly, and cotton prices continue to rise.

Domestic knitting industry has been in an excess capacity, and the operating rate of enterprises is insufficient, so the industry shuffle is inevitable.

In recent years, the pfer of orders to Southeast Asia is very obvious. Orders from European and American markets are turning to lower paid economies like Kampuchea and Vietnam.

In the 1-4 months of this year, the number of imported garments in the United States increased by 6.6% overall, but from China

Faced with numerous difficulties, China's knitting industry is heading for difficulties.