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-A brief overview of cotton yarn imports across the country



From January to August, the country’s total textile and apparel imports were US$17.62 billion, down 0.3% year-on-year; of which cotton yarn imports accounted for 23.2%, and the import volume was US$4.09 billion…

From January to August, the country’s total textile and apparel imports were US$17.62 billion, down 0.3% year-on-year; of which cotton yarn imports accounted for 23.2%, and the import volume was US$4.09 billion, down 8.2% year-on-year.
1. my country’s cotton yarn imports fell the most in August.
From January to August, the country’s total cotton yarn import volume was 1.294 million tons, and the cumulative import volume fell by 5.4%. Except for February and April, the other months all declined to varying degrees. The decline rates in March and May were 10.7% respectively. , 11.3%, down 3.3% in June, a larger drop of 21.4% in July, and a new low of 26.1% in August, with the import volume reaching 150,000 tons.
In the first eight months, the average import price of cotton yarn was US$3.16/kg, down 3% year-on-year. The import unit price has shown an upward trend from February to July this year, with an average of 3.08 US dollars/kg in February and an average of 3.17 US dollars/kg in March and April. It further rose to 3.18 US dollars/kg in May, and an average of 3.21 US dollars/kg in June and July. There was a decrease from the previous month, and the unit price was the same as the average price, down 3.2% year-on-year.
Secondly, from January to August, my country’s cotton yarn imports from India and Pakistan experienced negative growth, while imports from Vietnam had a good momentum.
India, Pakistan, and Vietnam are the top three source markets for my country’s cotton yarn imports. From January to August, my country’s cotton yarn imports from India and Pakistan showed negative growth, while imports from Vietnam showed good growth momentum. From January to August, my country’s cotton yarn imports from India accounted for 27.2% of the total import volume, which was 352,000 tons, down 10.2%; the average import price was 3.11 US dollars/kg, down 4.2% year-on-year. Imports from Pakistan were 311,000 tons, accounting for 24%, a year-on-year decrease of 25.3%; the average import price was US$2.81/kg, a decrease of 4.4%. Vietnam ranked third, with an import volume of 241,000 tons, accounting for 18.6%. The proportion further increased, and the growth momentum was considerable. In the first eight months, it increased by 58.5% year-on-year. The average import price was US$3.23/kg, down 9.3% year-on-year.
Among the remaining 10 major import source countries, Uzbekistan has the fastest growth, with an increase of 77.1% and an import volume of 45,000 tons. Indonesia and South Korea increased by 33.7% and 2.5% respectively, with import quantities of 56,000 tons and 22,000 tons respectively. From January to August, imports from the United States and Thailand were 24,000 tons and 26,000 tons respectively, a decrease of 43.6% and 12.4% compared with the same period last year.
Three. From January to August, the import volume of cotton yarn in six major provinces and cities exceeded 100,000 tons.
From January to August, the growth rates of the top three cotton yarn importing provinces and cities were all negative. Guangdong imported 372,000 tons, accounting for 28.7%, down 18.3% year-on-year, and the import unit price was US$3.49/kg; Zhejiang and Beijing imported respectively. 220,000 tons and 185,000 tons, a decrease of 0.8% and 21.7% respectively, and the import prices were 2.98 and 2.91 US dollars/kg respectively. Shanghai, Jiangsu, and Shandong imported 136,000 tons, 111,000 tons, and 105,000 tons respectively, with increases of 13.9%, 6.1%, and 19% respectively; Fujian imported 64,000 tons, down 3.4% year-on-year; Anhui, Xinjiang, and Tianjin increased by 57.2% respectively. , 89.4%, 67.7%.

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Author: clsrich

 
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