Zhi Ran Master I: The intelligent partner for the dyeing and finishing industry
Release time:
2024-11-01
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In June 2021, China's textile and apparel exports totaled US$125.153 billion
According to customs statistics, in June 2021, China's exports of textile yarn, fabrics, and made-up articles totaled US$12.5153 billion; from January to June 2021, China's exports of textile yarn, fabrics, and made-up articles totaled US$68.558 billion, a year-on-year decrease of 7.4%; from January to June 2020, China's exports of textile yarn, fabrics, and made-up articles totaled US$74.0173 billion.
Driven by the sustained recovery of domestic and international market demand, the economic operation of China's dyeing industry has further consolidated its recovery trend. From January to May, the output of dyed fabrics has significantly increased compared to the pre-epidemic period, and the industry's operational efficiency has accelerated its recovery. Exports continue to grow, but the trend of "increasing volume but falling prices" has yet to be reversed, and the industry still faces considerable competitive pressure in exports.
The "Belt and Road" initiative unlocks new opportunities for China's industrial textile market
In recent years, with the rapid economic development of countries and regions along the Belt and Road Initiative, such as Southeast Asia and Africa, and the moderate growth in demand from traditional markets such as Europe, America, Japan, and South Korea, overall market demand will be further released, providing Chinese enterprises with further opportunities to expand market space and creating favorable market conditions for the development of China's industrial textile industry.
Riding the wave of national trends, leading domestic textile and apparel brands benefit
Population iteration and Gen Z-led consumption are the main forces driving the rise and evolution of the national trend. From the supply side, leading domestic brands have been steadily improving their internal capabilities in recent years, narrowing the gap with their overseas competitors in brand building, retail operations, supply chain capabilities, and digital system construction, and continuously adapting to and leading the deepening of the national trend.
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