In 2014, the country’s textile and clothing imports reached US$26.55 billion, down 1.7% year-on-year, of which cotton yarn imports reached US$6.23 billion, accounting for 23.5% of the country’s total textile and clothing imports. The characteristics of cotton yarn imports in 2014 are as follows:
1. my country’s cotton yarn imports dropped in 2014 compared with last year.
According to China Customs statistics, China’s cotton yarn imports have increased year by year from 2008 to 2013. The import amount in 2011 was US$3.41 billion; in 2012 it was US$4.96 billion, an increase of 45.3%; in 2013, the national cotton yarn imports The import value was US$6.82 billion, a year-on-year increase of 37.5%. In 2014, national cotton yarn imports fell, with the import value reaching US$6.23 billion, down 8.7% year-on-year; the total import volume reached 2.011 million tons, nearly five times the total cotton yarn exports, down 4.2% year-on-year.
2. Looking at a single month, the unit price of cotton yarn imports first rose and then fell, and the import volume fell except in February, April and December.
In 2014, the national average import price of cotton yarn was US$3.09/kg, down 4.7% year-on-year. The import unit price in January and February was US$3.15/kg and US$3.08/kg respectively, and then showed an upward trend, reaching the highest value in June and July, at US$3.21/kg; then it fell, and the import unit price in August and September was respectively 3.16 US dollars/kg and 3.06 US dollars/kg. It was 3.01 US dollars/kg in October, dropped to 2.96 US dollars/kg in November, and dropped to 2.88 US dollars/kg in December.
In 2014, cotton yarn imports only increased in February, April, and December, and the import volume in the remaining months fell to varying degrees. The details are shown in the figure.
3. In 2014, my country’s cotton yarn imports from India and Pakistan continued to decline, while the proportion of imports from Vietnam increased.
India, Pakistan, and Vietnam are the top three source markets for China’s cotton yarn imports. In 2014, my country’s cotton yarn imports from India and Pakistan showed negative growth, while the good growth momentum of imports from Vietnam further consolidated the importance of Vietnamese cotton yarn in my country. market position. This year, my country’s cotton yarn imports from India accounted for 26.9% of total imports, which was 541,000 tons, down 13.8%; the average import price was US$3.03/kg, down 6.4% year-on-year. Imports of 506,000 tons of cotton yarn from Pakistan accounted for 25.1%, a year-on-year decrease of 15.8%; the average import price was US$2.75/kg, a decrease of 6.4%. Vietnam ranks third, with an import volume of 396,000 tons, accounting for 19.7%. The proportion has further increased, and the growth momentum is considerable. This year, it has increased by 53.6% year-on-year. The average import price is 3.19 US dollars/kg, down 8.5% year-on-year.
Among the remaining top ten import source countries, Indonesia and Uzbekistan also grew rapidly, with increases of 42.6% and 46.6% respectively, and import volumes of 94,000 tons and 67,000 tons respectively. Imports from the United States, South Korea, and Thailand all showed negative growth, with import quantities of 32,000 tons, 34,000 tons, and 39,000 tons respectively.
4. Guangdong, as China’s largest importer of cotton yarn, imported 568,000 tons in 2014.
In 2014, Guangdong imported 568,000 tons, a year-on-year decrease of 14.2%, accounting for 28.2%, and the import unit price was US$3.43/kg; Beijing imported 265,000 tons, a decrease of 29.5%, and the import price was US$2.86/kg; Zhejiang, Shanghai imported 350,000 tons and 232,000 tons respectively, an increase of 2.1% and 25.8%, and the import prices were US$2.91/kg and US$3.06/kg respectively. Jiangsu and Shandong imported 163,000 tons and 164,000 tons respectively, and the other ten major importing provinces and cities also experienced varying degrees of growth.
The quantity of cotton yarn imported through general trade was 1.48 million tons, accounting for 73.6%, which was basically the same as in 2013, totaling US$4.27 billion; supplemented by processing trade, the import quantity was 502,000 tons, accounting for 24.9%, of which processing with imported materials 473,000 tons.
