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    Analysis Of Latest International Textile Industry Inventory (8.27)

    2013/8/27 8:57:00 12

    International TextileTextile IndustryTextile DynamicsTextile Raw Materials

    < p > < strong > Spain < /strong > < a > target= > _blank > href= > http://www.91se91.com/ > > strong > textile > /strong > < /a > > > export > three years.


    < p > a few days ago, according to the Spanish export price index (IPRIX), the Spanish "a href=" http://www.91se91.com/news/index_c.asp > textile industry < /a > index increased by 0.6% from May to 0.1% in June.

    This is also the first time since January 2010, the price of textile exports in Spain has declined.

    Contrary to export prices, Spain's import price of textiles in June increased by 1% over the same period last year, the same as in 2012.

    < /p >


    < p > however, in spite of the economic crisis and the difficulties in the development of domestic textile industry, about 129 Spanish textile enterprises participated in the international exhibition held by the Federation of Spanish textile industries.

    In addition, the Spanish enterprises also actively participated in the international textile < a target= "_blank" href= "http://www.91se91.com/" > clothing "/a" exhibition in Columbia, Peru, Germany and many other countries.

    < /p >


    < p > < strong > Russia intends to grow cotton and reduce the textile industry's dependence on imports < /strong > /p >


    < p > according to the Russian new network report, the Russian Ministry of industry and trade website announced that Russia intends to use the new technology to plant < a href= "http://www.91se91.com/news/" > cotton < /a >, so as to reduce the dependence of Russia's < a href= "http://www.91se91.com/news/" > textile > /a > on imports.

    < /p >


    Carla Manoff, Vice Minister of industry and trade of Russia, pointed out that the development of cotton planting and processing industry needs support at the national and local levels, including fertilizer, seeds and advanced agricultural technology, on Wednesday at a conference on cotton planting development prospects held in Astrakhan on Wednesday.

    < /p >


    < p > Russia's textile industry needs 100% of its cotton fiber at present.

    In 2012, Russia imported 90 thousand tons of cotton fiber. It is estimated that by 2020, the Russian textile industry will reach 200 thousand tons of cotton fiber per year.

    < /p >


    < p > > strong > rupee depreciation. In 2013, India textile export growth < /strong > < /p >


    < p > because of the depreciation of the rupee, the industrial export of a href= "http://www.91se91.com" > India textile > /a > may increase substantially, and signs of recovery have been seen in the first quarter of this year.

    Textile exporters feel that the depreciation of the rupee may prompt textile exports to grow by 5-10% in the current fiscal year, compared with a bleak 2012-13 year export.

    < /p >


    < p > Amit Goyal, President of India garment exporters association (CIAE), said: "as a result of the depreciation of the rupee, the overall textile exports this year should increase by 5-10%. At the same time, India textile industry is becoming more competitive.

    Therefore, after several years of downturn, the textile industry should improve this year.

    < /p >


    < p > according to the statistics of India Foreign Trade Statistics Bureau, the first quarter of this fiscal year (April to June), < a href= "http://www.91se91.com" > textile > /a > small growth, exports increased 0.3% from last year's 7 billion 766 million US dollars to 7 billion 793 million US dollars.

    In the 2012-13 year, textile exports fell 5% to 31 billion 718 million US dollars, compared with 33 billion 371 million US dollars in 2011-12 years.

    < /p >


    < p > in the first quarter of this fiscal year, Lu depreciated by about 5% over the same period of 2012-13 years. The impact of the rupee depreciation led to the growth of a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > exports increased by 11.7% in April to 3 billion 76 million US dollars, compared with 3 billion 437 million in the same period of 2012-13.

    This is a healthy sign of textile exports revival.

    < /p >


    < p > industry insiders say that the market is moving from China to India because of higher production costs.

    < /p >


    In the first quarter of 2013-14, textile exports accounted for 10.57% of the total export volume from 10.57% to 10.78%.

    < /p >


    < p > however, market segmentation, such as cotton textiles, artificial wool and wool, silk and so on, is not doing well.

    Exports of cotton textiles in the first quarter decreased by 10.4% to $2 billion 336 million, compared with $2 billion 596 million last year.

    In the same period, wool exports decreased by 7.5% to $2 billion 326 million, compared with $2 billion 596 million last year, while silk exports slumped 8.6% to $95 million, compared with 104 million US dollars in the same period last year.

    < /p >


    < p > however, the demand for carpets in the international market soared, and the export of carpet (excluding silk) increased by 12% to $254 million, compared with $226 million in the same period last year.

    Silk carpet increased from US $1 million 400 thousand to US $11 million 800 thousand.

    < /p >


    < p > in January 2013 -4, almost half of India's a href= "http://www.91se91.com" > textile > /a > export countries saw export decline.

    For example, China's textile exports fell by 27%.

    However, exports to the United States and Bangladesh increased by 7.5% and 16% respectively.

    < /p >


    < p > industry insiders say that India is now exporting raw materials to Bangladesh, and China has been purchasing many India cotton yarns since last year.

    Nearly 48% of cotton yarn exports to China, so they may establish reserve stocks.

    < /p >


    < p > the United States imports 20% of India's garments and garments. Therefore, the growth of US market demand may promote the growth of India's textile exports this year.

    < /p >

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