Home >

The Export Environment Of Textile Industry Is Becoming More Serious In 2011.

2010/12/10 14:44:00 59

Export Environment Of Textile Industry

In 2010, a textile and garment export enterprise that has won a turnover will be faced with the dilemma of "low growth and high cost" next year.


Senior analyst

Wang Qian Jin

Recently, at the forum of China Cotton Textile Industry Association, it was predicted that the export environment of the 2011 industry would be more severe under the influence of many factors, such as high cost, increased exchange rate fluctuations and the expansion of the impact of the European debt crisis.


According to data from China Cotton Textile Industry Association, export of Chinese textile clothing in 2009 this year was $161 billion 530 million, an increase of 23.13% over the same period last year, compared with -10% in the whole year of 1-10.


"The trade situation behind the seemingly beautiful data this year is not optimistic."

Wang Qianjin said that in October of this year, China

Textile export

The total volume has exceeded the level of last year. It is estimated that the annual export volume of textile and clothing will be close to US $200 billion, a record high in recent years. China's textile industry and garment industry share more than 30% of the international market.


In addition, domestic production costs are also rising sharply.

The main survey is HSBC, a sample of SMEs.

PM

The I index (purchasing managers' index) showed that in November, the average input cost of China's manufacturing industry rose sharply, and the rate of increase in November accelerated to a 28 month high.

According to the first textile network statistics, the cost of raw and auxiliary materials increased by about 30%-80% this year, and the cost of cotton and other main raw materials increased by more than doubled.

Labor costs, the Yangtze River Delta, Pearl River Delta wage increase generally 20%-40%.

At the same time, the government has increased the intensity of energy conservation and emission reduction and objectively increased the cost of environmental protection for enterprises.


With the sharp increase in costs, the export profit margins of enterprises have been continuously compressed, especially for some small enterprises, which may be difficult to digest the fast rising cost.

Wang Qianjin believes that this year's textile industry's overall benefits are relatively good, but 1/3's enterprises occupy more than 90% of the profits of the whole industry. Most of the enterprises are very low or even losing profits, so it is difficult to maintain operation.


At present, most of China's textile export enterprises are small and medium-sized enterprises.

According to the data from China Cotton Textile Industry Association, the export volume of China's large scale textile enterprises accounted for 62.83% of the total textile exports in 2010.

As the industry enters the era of "big business", Wang predicts that by 2015, this proportion will further increase to 75%, and many small businesses will be eliminated.


Wang predicts that there are only two kinds of enterprises that can survive in the international market in the future: one is the enterprises with an average profit margin exceeding 5%, and the two is an enterprise with bargaining power.

  • Related reading

Southwest Textile: The Sale Of Gauze Continues To Slow Down &Nbsp; &Nbsp; Cotton Prices Are Rising Steadily.

Market trend
|
2010/12/10 11:03:00
44

Textile Industry Is In Low Growth And High Cost Predicament &Nbsp; Export Predicament.

Market trend
|
2010/12/10 9:03:00
85

China Has Become The Largest Textile Machinery Manufacturing Country In The World.

Market trend
|
2010/12/9 15:44:00
117

棉纺业利润均创下历史新高

Market trend
|
2010/12/9 15:36:00
68

China Chemical Fiber Industry Association: Chemical Fiber Enterprises Do Not Panic

Market trend
|
2010/12/9 15:15:00
50
Read the next article

Dozens Of Elite Gathered Chen Cheng Mansion To Take Inventory Of 2010 Financial Management

The financial crisis has brought a vivid lesson of risk to all investors. Have you ever seriously asked yourself if my wealth is safe? Is my financial management right? Last weekend, dozens of elite gathered at Chen Cheng mansion (Yuzhong District summit, Union Trust house), taking inventory of 2010 financial management.