Global Textile Orders Fell 31% In Early April
According to the international textile Union (ITMF), the global textile industry orders fell by 31% from the end of March to the beginning of April.
The above visit is a continuing survey conducted by ITMF to investigate the impact of the new crown pneumonia on the global textile industry.
The first wave conducted a survey of its members on March 13-25, with a total of 34 respondents. The results showed that all regional Corporation orders were cancelled or postponed in large quantities, and orders fell by 8% during that period.
The second wave took place from March 28th to April 6th, involving a total of 700 people. The results showed that global orders fell by an average of 31%.
"Only 3 weeks ago, some areas were not completely affected by new crown pneumonia. However, statistics on new orders and turnover indicate that this demand side impact has a major impact on the global textile industry. The uncertainty of crisis duration brings heavy burden to people. ITMF claims.
The biggest challenge, it reports, is the lack of demand and liquidity.
The second wave survey shows that all regional Corporation in the world will be substantially lower in 2020 than in 2019. From the world average level, the turnover in 2020 is expected to be -28% less than that in 2019.
Over the same period, 9 organizations from 6 major garment producing countries formed an alliance to urge global buyers to consider the purchasing pattern and their impact on supply chain workers during this period.
- Related reading
The Reemployment Force "Busy" Test: "Group Buying" And "Single Machine" Mode Frequently Affect The Quarterly Report Of Enterprises.
|
- Bullshit | Exposure Of All Black Color Matching Shoes
- Bullshit | 2020 Spring And Summer Home Neighborhood Series, Minimalism Aesthetics!
- Bullshit | Nike ISPA Overreact Shoes Real Alternative Functional Wind
- Bullshit | Run DMC X Superstar Joint Shoes Classic Color Plus
- Fashion posters | Extra Butter X Adidas New Series Tennis Inspiration
- Fabric accessories | Jiaxin Silk (002404):2019 Net Profit 158 Million Increased By 10% Overseas To Increase Supply Chain Layout And Construction
- Fabric accessories | In The Post Epidemic Era, Is "One Belt And One Road" A Way Out For Textile Foreign Trade Enterprises?
- Fabric accessories | Under The Market Of Non-Woven Fabrics, Will The Short, Short Staple Varieties Be Generally Cut Down? Will Yarn Continue To Fall?
- Fabric accessories | One Stone Stirs Up Thousands Of Waves. Can The Polyester Market Take A Turn For The Better?
- Fabric accessories | International Crude Oil Is Hard To Pull Up, And Polyester Production Is Only 2-4% (2020.4.14).
- Application Of Foam Processing Technology In Textile Printing And Dyeing Industry
- Appreciation Of The Joint BE@RBRICK Doll White And Red Interpretation
- Some PX Manufacturers Welcome The Overhaul Plan. Can The Polyester Market Take A Turn For The Better?
- Import And Export Data Improve Foreign Trade Surplus In March
- Efforts To Promote Mechanization Of Grain And Cotton Production In Xinjiang
- Imports And Exports Of Goods In The First Quarter Decreased By 6.4% Compared With The Previous Year, And Imports Of US Cotton Increased By 43.5%.
- In March 2020, The Export Volume Of Chinese Clothing And Accessories Decreased By 24.8% Compared With The Same Period Last Year.
- Appreciation: Jordan Delta SP New Brown Yellow Color "Vachetta Tan" Shoes Preview In Kind
- Shenzhen Fashion Week Is Actively Responding To The New Mode Of "Cloud Show"
- Beautiful Sister Goes To Work! Bring Your Suit Coat To Wherever You Go.