Monday, December 27, 2010

Apparel orders to reduce EU exports in the second quarter are inflection point?

Under current EU economic uncertainties of Chinese textile and garment exports to the EU for more than 10% of the growth momentum in the second quarter inflection point.

"Since last year, exports to the EU are not ideal, this year the EU purchasers to supplement the rebound in stock, on some, but not always end consumption significantly, recently turned again to Europe exports decline than the financial crisis year-over-year decline of 40%, which just ended near the trade fair, almost no received EU orders, and the foreseeable future months on European exports will be very bleak. "Gorgeous thread co., Ltd. General Manager ZHOU Nan yesterday received the" business news "interview.

ZHOU Nan, always exports to the EU is basically to dollar, so do not worry about the accounts affected by the impact of the devaluation of the euro, the euro depreciated affect buyers, plus the EU market remains weak, the EU is significantly lower in the order.

Guangdong textile import and export co., Ltd. General Manager Assistant clock haosen reflects, United States, Canada and Asia market orders are gradually warmed up, but the EU purchasers of again began to decline in orders, the order becomes small, fragmented, and the Chinese production costs are rising, turnover increased difficulty.

"For example European shop, some basic price long jeans are sold for € 19.9, currently still in the economic downturn, it is not possible to increase the price, because of the devaluation of the euro, buyers purchasing costs continue to increase, and smaller profit margins and therefore has to price compare gallant European passengers are starting price, but the raw material and labour costs rising, Chinese manufacturers are basically nothing for space, plus European order quantity nor United States customers, manufacturers themselves very difficult to reduce costs through economies of scale. "Bell Haosen said.

As the global economy slow recovery in the first quarter of this year, Europe, America, Japan, Korea, Chinese clothing industry, the main export countries and areas with a significant rebound in the demand. Year 1-3 month cumulative exports of textiles and clothing in China 379.03 billion, an increase of 15.40%, of which the largest export market for EU exports reached 81.07 billion, the second largest export market in the United States exports reached 56.19 billion, an increase of respectively 16.82% and 21.83%, both together accounted for a total of Chinese textile exports 36.21%. However, the industry generally reflect, with the EU economic fluctuations, China's textile and clothing exports to the EU could in the second or third quarter turned downwards again.

First textile network CEO, textile industry veteran analyst Wang forward yesterday accepted the business news on the reporters said that last year's first quarter exports to the EU base is relatively low, so in the first quarter of this year compared with good growth, coupled with China's textile and clothing exports to the EU's most important to Germany, France, and several other country's economy is relatively stable, while the economic crisis occurred several small countries such as Greece in Chinese textile and garment exports as a share of extremely small, so the past few months, China's textile and clothing exports to the EU still relatively normal, but the situation is not optimistic about the future.

Wang forward analysis pointed out that, on the one hand the market worried about Greece debt crisis spread, on the other hand because of the trade cycle, the impact of the devaluation of the euro will have a certain lag, may this year, the second or third quarter on EU exports will slow down or even negative growth again. From the Canton China foreign trade barometer also shows that EU procurement have weak signs.

This month, the 5 day just ended 107 105th, a total of 212 countries and territories 203996 to overseas buyers last autumn fair 8.4 percent. But the EU participating buyers and decreased compared to last autumn fair 15.2%, Japan, the United States dropped 4.6% to be buyers increase 3.8%. Emerging market buyers increased significantly. Asia, the Americas, Africa and Oceania to buyers who are kept growing.

EU economic weakness and the depreciation of the euro, some Chinese enterprises operating at the European purchasing clothing, shoes and other brands. TPG Director Mary Ma believes that now is not necessarily the best overseas copied at the end of time, or whether you want to see the Chinese enterprises do related to go out and consolidation of prepared, or have a certain risk.

No comments:

Post a Comment