terrible! This year’s textile market is really going to subvert your imagination. The clothing export data from January to November are out. It turns out that nearly 70% of the growth in clothing exports this year depends on it!
According to customs statistics, from January to November, knitted garment exports were US$68.11 billion, a year-on-year increase of 43.1%, a year-on-year increase of 23.2%, and the export unit price increased by 8.7% year-on-year. During the same period, my country’s clothing exports totaled US$159.27 billion, a year-on-year increase of 25.4%. In other words, about two-thirds of this year’s overall clothing export growth came from knitted clothing.
The outstanding sales of knitted clothing have also led to the popularity of knitting machinery. According to statistics from the Textile Machinery Association, among the three major types of knitting machinery market, the circular knitting machine industry has prosperous production and sales in the first half of the year. Some companies have overloaded production, with sales increasing by 70.6% year-on-year. %. The warp knitting machine industry was generally stable and positive in the first half of the year, with sales increasing by 29% year-on-year. The sales volume of the flat knitting machine industry in the first half of 2021 increased by 220% year-on-year.
Why is the knitting market so hot? It is understood that, on the one hand, a large number of foreign trade orders have been transferred to Chinese companies since the second half of last year. As the beneficiary of the resurgence of orders, the profits of China’s textile industry chain have begun to recover this year, which has stimulated a recovery in the mentality of the industry chain, and the demand for replenishment of knitted products has increased significantly.
On the other hand, knitting is used in underwear, tights, sportswear, baby clothing, home clothes and other fields due to its superior comfort. With the popularization of knitting equipment technology, knowledge and products, more people will try and make improvements on knitted fabric products. At present, elastic products have become popular in the market in recent years. Whether it is summer clothes or winter clothes, they are inseparable from the element of elasticity, elasticity, and elasticity, which is exactly in line with the characteristics of knitted products.
At the same time, various industries have waxed and waned. Nowadays, the woven fabric market, another major category, is facing pressure from environmental protection policies, artificial land costs and other aspects. Naturally, environmentally friendly and more efficient knitted products are also favored to a certain extent. Therefore, while knitting occupies a larger market share in fabric stock, in other words, it is eroding the market share of woven fabrics in a large amount.
Nearly 70% of the growth in clothing exports this year is due to knitting! How can you give woven clothing any face?
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