- Tell： 0086-516-88400888
- Fax：0086-516-88400888
- E-mail：xzhphx@163.com
- Address：Industrial Zone, Liji Town, Suining County, Xuzhou
In recent months, my country's domestic home textile orders have eased from the "cold winter" in the first half of the textile and apparel industry, ushering in a new round of hot period.
The reason for this is that, on the one hand, the peak season for foreign trade has arrived; on the other hand, recently many overseas orders have rapidly shifted from India and other countries to domestic production.
India is the world's largest cotton producer, the world's largest jute producer, and the world's second largest silk producer. Its yarn production capacity accounts for 22% of the world. Textile revenue has always been one of the main pillars of India’s economy and one of India’s largest sources of foreign exchange revenue. The textile industry accounts for about 15% of India’s total export revenue. However, the new crown pneumonia has caused a shutdown in the textile industry. As of October 13, more than 7 million people have been diagnosed with the new crown in India, and the cumulative number of confirmed cases ranks second in the world.
During the epidemic, the demand for home textiles was relatively strong, which is one of the reasons for the excellent performance of domestic home textile orders in recent months.
India has always been an important destination for Haining's warp knitted products exports. Haining warp knitting products exported to the Indian market accounted for about 7.25% of Haining warp knitting exports to the Asian market. The main products of Haining warp knitting industry exported to the Indian market are warp knitted fabrics for apparel and industrial warp knitted products (light box advertising cloth, tarpaulin (including mesh)). Among them, warp knitted fabrics for apparel account for about the total export volume. 30% of it.
Light box advertising cloth and tarpaulin (including mesh) products are the key purchases for Indian customers, especially warp-knitted biaxial mesh. Industrial warp knitting products are mainly used for advertising and rainy season waterproofing in India. Indian companies purchase mesh fabrics for processing and production of industrial warp knitting products such as light box advertising cloths and tarpaulins. Approximately 500 million square meters of mesh fabrics are purchased annually , Accounting for about 2/7 of Haining’s mesh production capacity, about 60% of the ordinary meshes in the Haining market are exported to India.
According to China Customs statistics, Haining's warp knitting industry exported 155 million yuan to the Indian market in 2019, a decrease of 13.76% from the 2018 export value of 179 million yuan.
In the first half of 2020, affected by the Spring Festival holiday and the new crown virus epidemic, Haining warp knitting industry exports to the Indian market totaled 41.63 million yuan, a 49.49% decrease from 82.43 million yuan in the same period in 2019. In order to withstand the months-long rainy season in India, over the years, from May to June each year is the peak period for Haining tarpaulin and other industrial warp knitting products (for rainwater) to be exported to India, but this year's peak period did not come. Moreover, the sales volume in June dropped by 90.3% compared with the same period in 2019, and the monthly transaction volume fell to the lowest point in history in more than 10 years.
The reason is that the conflict between the Chinese and Indian troops in the Kalwan Valley on June 15 caused tension between the two countries, which subsequently triggered a movement by Indian citizens to boycott Chinese products, which seriously affected the trade enthusiasm of the two countries.
At the same time, the deteriorating new crown epidemic in India and the various epidemic prevention and control measures introduced by the Indian government have restricted the export of Haining warp knit products to India.
Warp knitting, as a major category of the Indian textile industry, has always played an important role. The technical textiles sector is the focus of the Indian warp knitting industry. The growth rate in 2019 was 11%, accounting for about 0.75% of India’s GDP, accounting for about 12% of the Indian textile market and about 4% of the global market. %.
The export of low-end industrial warp knitting products such as apparel warp knitting products and light box advertising cloth has always been the key export product of India's warp knitting industry, mainly exported to Southeast Asia and the European and American markets.
Indian companies seized this rare opportunity to enter the US market with their warp knitting products, continuously expanding their market share, seizing market share, and enhancing the influence of Indian warp knitting products in the US market. In the traditional Southeast Asian market, due to the rising cost of human resources in the warp knitting industry in Haining, low-end warp knitting products have gradually lost their price advantage, and they have no capital to compete with Indian companies and are forced to gradually give up the market.
With the restart of the European and American economies, the superposition of this part of the order transfer to the country is a big advantage for downstream companies. According to their research on some downstream companies, they found that the demand for home textiles in large European and American supermarkets is very large, because There was no replenishment during the epidemic, which led to the depletion of the inventory of these household items in the supermarket. Therefore, the replenishment force is very strong.
As the domestic epidemic situation in India is still serious, and the cumulative number of confirmed cases ranks second in the world, it is difficult for Indian textile companies to complete normal deliveries, and some orders are also transferred to my country for production, which has caused a phased improvement in the Haining warp knitting market.
Xuzhou Heping Chemical Fiber Co., Ltd. is located in Xuzhou, Jiangsu. For many years, it has focused on the development and production of polypropylene high-strength yarns. The polypropylene high-strength yarns produced by it have many excellent properties such as light weight, high strength, anti-aging, acid and alkali resistance, which also makes polypropylene high-strength Silk can be used in all aspects of our lives. Heping chemical fiber polypropylene high-strength yarn is supplied by manufacturers, with a complete range of products and high-quality after-sales service. Users can purchase with confidence. Heping Chemical Fiber also has high-quality polypropylene industrial yarn, polypropylene high-strength yarn, high-strength polypropylene network yarn, polypropylene high-strength yarn, high-strength polypropylene yarn and split film industrial yarn.
If you want to know more product information, please contact: Mr. Wang 187 5178 8889 Website: http://www.cdot.net.cn/