The world's biggest textile exporter in
2009 was the EU27, followed by China, the USA, Hong Kong,
South Korea, India, Turkey, Taiwan, Japan and Pakistan. The
EU27 was also the biggest textile importer, followed by the
USA-although China ranked as high as third, followed by Hong
Kong, Japan, Vietnam, Turkey, Russia, Mexico and the United
Arab Emirates (UAE).
The Bangladesh government has decided to
withdraw restriction on raw jute export for some time under
some conditions. Raw jute export will be allowed for those who
have already opened L/C (letter of credit). However, the
export will face embargo again after this limited waiver. The
government imposed a ban on export of raw jute in December,
2009 to ensure smooth supply of the natural fibre to local
mills. Bangladesh's raw jute production is estimated to be 55
lakh bales this year. Domestic demand for raw jute is around
35 lakh bales.
In China, the demand for domestic
garments has been good in recent months and this has offset
the decline in export demand caused by the global financial
crisis, said Frank Hanraets, Vice President, Commercial, with
MEGlobal, the biggest MEG producer in the world. He said
Indian MEG market is likely 1.5 million tonnes per year, while
the Chinese market is 7.0 million tonnes per year, whereas the
populations of both countries are more or less the same. So
the Indian market has scope to grow much more.
n clothing, China was the world's leading
exporter for the third year running, followed by the EU27,
Hong Kong, Turkey, Bangladesh, India, Vietnam, Indonesia,
Mexico and the USA. As for clothing imports, 47% of the world
total went to EU countries in 2009, while the USA took 22%,
Japan 7% and Russia 6%. Next in importance were Hong Kong,
Canada, Switzerland, the UAE, Australia and South Korea but
each of these had only small shares
The Vietnam Textile and Garment
Corporation (Vinatex) will begin operations at its Son Dong
garment plant in the Northern Province of Bac Giang in April,
2010. The undertaking is backed with VND42 billion (US$3
million) from seven Vinatex enterprises, of which 28% is from
the Hung Yen Garment Joint Stock Co. The plant covers 37,000
sq.m and is capable of producing 3.5 million garments a year.
India's cotton arrivals in 2009-10 stood
at 20.05 million bales of 170 kg each, down from 20.80 million
bales during the same period last year. The cotton year runs
between October and September. Arrivals rose 28% to 6.8
million bales in top producer Gujarat, while it fell 24% to 4
million bales in Maharashtra, the second biggest producer.
Thailand apparel exports continued
resisting competition from other Asian countries in the last
year. Thai fall of the baht helped in stimulating sales while
large availability of domestic textile materials remained a
very strong advantage for Thai producers. The global economic
crisis may now affect Thai clothing exports, however, while
the elimination of US quotas is dramatically depressing sales
to the U.S. market. Thailand's apparel exports were not
significantly affected by the economic crisis in the last year
but may now be threatened by a serious slowdown.
Intertextile Beijing Apparel Fabrics 2010
recently confirmed a special zone for Japanese apparel fabrics
and textile-related suppliers for the upcoming March event.
The zone will comprise of several leading exhibitors, such as
Kurabo, Takisada-Nagoya, Uni Textile and Yagi, renowned for
their superior design, high quality and innovative
versatility.
Wool prices significantly climbed in US$
terms in Australia, reflecting very good demand despite the
sharp decrease in the American currency.
The Mozambican government is taking
measures to encourage cotton output in order to meet the need
of reviving three textiles factories; EMMA, Textáfrica and
Texmoque. Mozambique’s cotton association (AAM) estimates that
in the current year, production will increase by around 33%,
totalling 110,000 tonnes whereas the cotton fiber output is
expected to reach 36,000 tonnes, placing the extraction rate
at around 36%.
Government of China is planning to
increase the textile export quota deposit from 30% to 100%.
Most textile enterprises oppose this decision as it will build
up the fund pressure. Experts believe that the rise of deposit
would stop speculation in textile export quota to some extent;
however, 100% rise would bring more disadvantages.
The value of EU imports of cotton
T-shirts in the second quarter rose 18.6% as leading exporters
supplied higher priced items. This was the case with leading
suppliers such as Bangladesh and Turkey. However, there was no
change for India's unit prices from one year ago. Elsewhere,
volumes from China were hard hit by quotas giving Hong Kong
trade a boost.
Re-exports of denim trousers from Hong
Kong have surprisingly fallen past six months. Although Hong
Kong has been more active since the European Union and the
United States hit China with quotas, volumes going to these
two destinations have dropped from last year. Canada has now
replaced the US as top buyer of women's jeans.
China ranks first in the world in the
production and trade of linen and textile products. In the
second half of 2009, the output of Chinese yarn was 10.962
million tonnes, a year-over-year increase of 9.4%. The demand
for linen clothing and products worldwide is projected to rise
significantly over the next 5 to 10 years, with a potential
worldwide market demand of over $20 billion, with demand in
China reaching as high as $4 billion.