Prospects For The Development Of Global Garment Industry In 2012

In 2011, the United States and the European Union

And clothing import prices rose sharply, which was reflected by the sharp rise in raw material prices, according to the global textile information released by the global business information company No. 155 international textile outlook report.

From March 2009 to March 2011,

The average price increased by 346%, while the global synthetic fiber: the global price index of acrylic fiber, nylon, polyester and polypropylene fiber increased by 71%.

Since then, prices have declined, but in January 2012, prices were still higher than those in March 2009.

In response, the EU's textile and clothing suppliers increased their prices by an average of 9.2% in 2011.

This effect is offset by the recovery of the market.

In 2011, the average price of imports of textiles and clothing in the United States increased by 12.2% to $1.89 per square meter, the highest price since 2001.

Imports from the EU rose slightly, but the US imports declined, because after 19% of the 2010 growth rate, the US imports in 2011 dropped by 3.2%.

In 2011, the EU's export prices of textiles and clothing also increased significantly, with an increase of 13.7%.

Interest in alternative fibers has been evident in the US import in 2011.

The price of cotton clothing is higher than that of other fibers.

The average import price will increase even more if the price is obviously high.

Imports of cotton clothing fell by 10.2%, as buyers stopped higher prices.

On the contrary, the imports of man-made fiber clothing increased by 14.9%.

A major theme of the recent European yarn exhibition is the cost of raw materials, especially cotton and wool.

Spinning mills and fabric manufacturers find it difficult for them to pass the price rise onto their products, because the fluctuation of cotton prices has led to their interest in purchasing flax and viscose fibers.

Because the spinning mill is waiting for information on 2011-12 cotton prices, there is still uncertainty in raw cotton market futures.