In the first three quarters of this year, the value of my country’s yarn exports increased slightly. In this regard, industry insiders said that the current economic recovery in developed economies has increased market demand, which is beneficial to my country’s yarn exports. It is expected that my country’s yarn exports will continue to maintain steady growth in the future.
Export value increased slightly
According to China Customs statistics, in the first three quarters of this year, the country’s yarn import and export volume was 5.006 million tons, a year-on-year increase of 3.9%; the import and export volume was US$16 billion, a year-on-year decrease of 2.9%. Among them, the export quantity was 3.018 million tons, an increase of 10.7%; the export value was US$9.28 billion, an increase of 0.7%; the average export unit price was US$3.08/kg, a year-on-year decrease of 9%. The import quantity was 1.987 million tons, a decrease of 5.1%; the import value was US$6.71 billion, a decrease of 7.6%; the average import unit price was US$3.38/kg, a year-on-year decrease of 2.7%.
According to data provided by the China Chamber of Commerce for Import and Export of Textiles, the number of yarn exports in September was 314,000 tons, a year-on-year increase of 8.7%; the export value was US$950 million, a year-on-year increase of 1.4%. Among them, the export value of chemical fiber yarn was US$610 million, a year-on-year increase of 6.4%; the export value of cotton yarn was US$170 million, a decrease of 18.4%; the export value of wool, animal hair yarn and silk thread was US$60 million and 200 million respectively, a decrease of 4.4%. and 5.5%.
Industry insiders said that the current economic recovery in developed economies has increased market demand, which is good for my country’s yarn exports. It is expected that my country’s yarn exports will continue to maintain steady growth in the future.
Exports to Vietnam have the largest increase
The reporter learned that in the first three quarters of this year, my country’s exports to ASEAN, the EU, North America and Latin America all increased, while exports to Japan declined. From January to September 2014, the Asian market accounted for 68.3% of my country’s yarn exports, with export value reaching US$6.34 billion, a year-on-year decrease of 3.1%. In the first nine months of this year, exports to ASEAN remained relatively stable, with the export volume reaching 456,000 tons, an increase of 26.3%; the export value was US$1.48 billion, an increase of 13.7%. Among them, exports to Vietnam increased the most, with exports of US$710 million, an increase of 31.4%; exports to Malaysia, Indonesia and Cambodia all increased to varying degrees, with exports of US$110 million, 220 million and 120 million US dollars respectively, an increase of 1.9%. , 12.7% and 28%. Exports to Myanmar declined, with exports of US$40 million, a decrease of 20.9%.
Relevant people from the China Chamber of Commerce for Import and Export of Textiles said that in the first three quarters of this year, my country’s mainland yarn exports to Hong Kong were US$1.44 billion, a decrease of 22.6%. Exports to India and Pakistan both increased slightly, with export amounts of US$480 million and US$410 million respectively, a year-on-year increase of 0.7%. Exports to Bangladesh declined, with export value reaching US$610 million, a decrease of 2.7%.
From January to September, my country’s yarn exports to Japan were US$310 million, a decrease of 1%; exports to North America, the European Union and Latin America all increased, with export amounts of US$450 million, US$1.08 billion and US$530 million respectively, an increase of 20%, 9.2% and 7.1%.
Export prices have dropped
It is understood that in the first three quarters of this year, my country’s yarn export price was US$3.08/kg, a year-on-year decrease of 9%. The export prices of yarn to the Asian, European Union and Latin American markets were US$3.52/kg, US$2.88/kg and US$2.28/kg respectively, down 8.9%, 2.9% and 10.1% year-on-year.
In addition, my country’s silk yarn export unit price has increased, reaching 42.58 US dollars/kg, an increase of 16.8%; the export unit prices of cotton yarn, wool animal hair yarn and chemical fiber yarn are 4.81 US dollars/kg, 31.05 US dollars/kg and 2.83 US dollars/kg respectively. , down 2.3%, 6.4% and 8.5% respectively. “Although our yarn export orders have increased recently, the prices of export products have declined, which directly affects the company’s operating profits.” said the person in charge of a cotton yarn export company in Ningbo. “If it weren’t for the increase in order volume, I’m afraid the company would suffer losses.” said Ms. Yang, who is engaged in cotton yarn export trade in Hangzhou. As the export price of cotton yarn has been reduced, the operating pressure of enterprises has increased. In order to avoid operating losses, enterprises can only attract merchants to order products in a variety of ways.
China’s yarn export value increased slightly in the first three quarters
In the first three quarters of this year, the value of my country’s yarn exports increased slightly. In this regard, industry insiders said that the current economic recovery in developed economies has increase…
This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.yjtextile.com/archives/12673