Browsing: Spinning

EU clothing imports from China dropped by a considerable volume of 9.9 per cent in the first three months of this year compared to that of last year, reveals Textiles Intelligence in a recent report. This drop follows a 12.5 per cent decline in the whole of 2015, which dragged imports down to the lowest level since 2006. The decline in both periods represented the steepest falls among EU’s 10 largest clothing suppliers. As a result, China’s share of EU clothing imports from all sources declined in both periods from 43.3 per cent in 2014 to just 35.1 per cent in the first three months of 2016.

China will account for the fastest growing and second-largest share of demand through 2020 and beyond as its medical delivery system is expanded and upgraded to better serve its massive population. These and other trends are presented in World Medical Disposables, a new study from The Freedonia Group, a Cleveland-based industry research firm. Western Europe will remain the third-largest major market for medical disposables, reflecting the operation of a universal health insurance plan and an advanced medical delivery system in most countries. On the downside, growth prospects for medical disposables in the region will slow due to tight cost controls such as budgeting and fixed reimbursement rates.

China is now the second largest jeans market in the world, valued at $12 billion in 2015, while consumers’ affinity for denim jumped from 39 per cent to 63 per cent from 2003 to 2016, according to the Cotton Council International (CCI) and Cotton Incorporated’s 2016 Global Lifestyle Monitor Survey. This favourable market has attracted an increasing number of industry-leading denim suppliers to partake in the Beyond Denim hall at Intertextile Shanghai Apparel Fabrics – Autumn Edition 2016. From October 11-13, over 170 domestic and overseas exhibitors will showcase their newest denim collections in this hall alongside the debut INVISTA Pavilion in hall 7.2 of the National Exhibition and Convention Center (Shanghai).

World’s cotton harvested area in 2016-17 is projected at about three per cent below last season. For India—the leading cotton producer—the crop is forecast at 27 million bales in 2016-17, two per cent above 2015’s six-year low. In 2016-17, an above-average yield is expected to more than offset lower cotton area as farmers in India are reported to have planted alternative crops.

As many as 25 new products for the textile sector will be launched at the 10th India International Textile Machinery Exhibition (ITME), which will be held in Mumbai in December this year. The products include eight for the spinning sector, seven for processing and nine for weaving, said Sanjiv Lathia, Chairman of India ITME 2016.

Indian cotton crop for the next season beginning in October will remain at the same level as the current year. Mumbai-based Cotton Association of India (CAI) released the first estimate for the next year’s cotton crop beginning on October 1. For the 2016-17 (October to September) new season, India is estimated to produce 33.6 million bales (170 kg each). CAI has estimated current year’s crop production to be 33.8 million bales, which tallies with the recent estimate by Indian Government’s cotton advisory board.

The weakness in trade in China, the world’s second-largest economy, continued in July 2016. China’s exports fell again in July by an unexpectedly wide margin. Exports fell by 4.4 per cent to $184.7 billion, of course, a slight improvement over June’s 4.8 per cent contraction, the country’s customs data showed. On the other hand, imports fell 12.5 per cent to $132.4 billion rising from a decline of 8.4 per cent. Weak global demand has hampered efforts to shore up Chinese trade and stave off job losses in export industries.