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    Recent Trend Forecast Of Italy Textile Material Industry

    2012/11/27 23:14:00 31

    ItalyTextilesFabrics

      

    Spin

    The fabric industry is one of the dominant industries in Italy manufacturing industry.

    In the first half of 2012, in the context of global economic downturn and slow economic growth in Europe, especially in the context of Italy's economic downturn, Italy's textile and textile industry failed to continue its growth in 2011. Production and import and export declined.


    1. Overall operation of textile and textile industry in the first half year


    (1) production has declined sharply and the unit price is at a high level.


    According to the data released by the Italy National Bureau of Statistics (ISTAT), the output of Italy's textile industry (excluding knitted fabrics) decreased by 15.3% in the first half of 2012.

    From the dynamic data (production in 2005 as the base year, the base number is 100), the Italian textile fabric industry output after January 2010 to March 2011 continuous 5 quarters of growth, began to enter the downlink area, the first quarter of 2012 fell the most serious, 17.7%, and the two quarter fell 13%.

    In addition, although the output of Italian fabric industry began to decline from the 2 quarter of 2011, its output value was 6 billion 540 million euros in 2011, an increase of 6.8% over 2010, indicating that the unit price of its fabric products has gone up.


    (two) exports have declined slightly, and some products and markets have gone against the trend.


    In the first 5 months of 2012, the export volume of Italy's textile and textile industry was 1 billion 610 million euros, down 5%, and the export volume dropped by a large margin, and dropped by about 10.4%.


    From the perspective of export products, the impact of economic recession on the export of subdivision products is not the same.

    Among them, the export amount of wool fabrics increased by 1.3% (of which 3.7% of the export of woolen wool fabrics increased), but the export volume decreased by 11.4%; the export amount of silk fabrics increased by 5.3%.

    Exports of other products declined, the export volume of worsted fabrics decreased by 0.2%, the volume of exports decreased by 12.6%, the export amount of cotton fabrics decreased by 12.2%, the number of exports decreased by 17%, linen fabric exports decreased by 13.4%, and the number of exports decreased by 17%.


    From the export market, in the top ten export markets, except for China, the United States and Portugal, the three markets showed growth in exports, and other markets declined.

    Among them, exports to China amounted to 83 million euros, an increase of 7.4%, accounting for 5.1%, China as the fifth largest export market, exports to the United States 65 million euros, an increase of 6.8%, and Portugal's exports of 53 million euros, an increase of 3.2%.

    The top three export markets were Germany, France and Romania, with exports amounting to 190 million euros, 130 million euros and 120 million euros, respectively, down by 9%, 13.9% and 2.5% respectively.


    In addition, exports to the EU 27 countries were 850 million euros, down 6.6%, accounting for 52.5%; exports to the non EU market were 770 million euros, down 3.2%, accounting for 47.5%.


    (three) import fell considerably and trade balance improved.


    In the first 5 months of 2012, the import of Italy's textile fabrics was reversed sharply from the rapid growth in the same period in 2011 to a sharp decline, with an import value of 680 million euros, a drop of 24.5%, and import volume decreased by 22.8%.

    Meanwhile, the trade surplus in the first 5 months increased from 930 million euros in the same period last year to 930 million euros, and the trade balance improved.


    From imported products, except wool

    Fabric

    Imports of other fabrics also declined.

    Among them, the import amount of cotton fabrics decreased by 33.3% (44.7% in the same period in 2011), linen fabrics decreased by 21.8%, knitted fabrics decreased by 19%, and silk fabrics dropped by 12.1%.

    The import amount of woollen fabrics in woollen fabrics increased by 6.2%, but the import volume decreased by 21%. The import volume of worsted fabrics decreased slightly by 0.4%.


    From the import market, imports of the top ten import markets declined except South Korea (19 million euros, 19.9%).

    Among them, China is the largest import market, with an import value of 180 million euros, a decrease of 35.2%, accounting for 27%. The second, third largest import markets for Turkey and Czech are 120 million euros and 46 million euros, down 19.4% and 6.1%, respectively, accounting for 17.7% and 6.8%.

    In addition, imports were mainly non EU markets, accounting for 67%, while imports amounted to 460 million euros, down 27.3%. Imports from the 27 countries of the European Union decreased by 17.9%, accounting for 33%.


    (four) trade differentiation between Italy and China is obvious.


    As mentioned above, 39.5% of the total amount of textile fabrics imported from Italy is cotton fabrics, followed by silk fabrics (30.2%) and knitted fabrics (21.4%), while Italy exports 64% of China's textile fabrics to wool fabrics (especially worsted wool), followed by cotton fabrics (21%).

    From the trade changes of the two countries this year, the biggest decline in imports from China was cotton fabrics (down by 50%), followed by knitted fabrics (down 30.5%), while the amount of almost all kinds of textile fabrics exported to China increased (even though the exports of some products decreased), of which silk fabrics grew by 37.8%, knitted fabrics increased by 21.9%, worsted fabrics (exports to China accounted for nearly 50% of the fabric exports) increased by 5.6%, the growth of woolen wool fabrics increased by 10.4%, linen fabrics increased by 13.2%, and cotton fabrics decreased by 1.1%, while the textile exports accounted for nearly 50% of Italy's exports.


    Two. Recent situation prediction of Italy's textile industry


    Italy textile

    clothing

    The SMI Research Center believes that in the first half of the year, the textile and garment industry in Italy had mixed feelings and experienced a substantial decline in exports. However, the quality and unit price remained at a high level, and the downward trend was curbed to a certain extent.

    SMI predicts that the textile industry will face complex and difficult situations in the near future under the influence of sustained economic recession. The prospect is still uncertain.

    The weakening of domestic demand will lead to a decrease in imports, which will further worsen the final consumption of the Italian textile and garment industry.

    In terms of exports, China and the United States are expected to be the best performing market, and must be taken seriously to maintain the vitality of export growth.

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