According to China’s National Bureau of Statistics, In 2020, China’s textile exports got an increment of 28% whilst a decline of 9.2% was recorded in the apparel exports when compared to 2019. The main reason for the surge in textile exports was the high demand for medical PPE during the pandemic.
Meanwhile in 2021-22, China’s cotton import will only see a minimal surge after experiencing a season with the rise.
The main support will be coming from the demand for domestic clothing. Moreover, the focus of the textile exports will be on anti-Covid clothing made largely from synthetic fibres.
The US Department of Agriculture’s Beijing bureau, in its first forecasts for Chinese cotton imports in 2021-22, as starts in August, pegged them at 11.
02m bales – up 460,000 bales, on its estimates, from the buy-ins expected for this season.
The need for domestic clothing saw a decrease of 6.
6% but now, there will be growth due to the need and high demand for domestic clothing market, “mainly due to the economic impacts of Covid-19”, is expected “to resume an upward trend.
“Beginning in late 2020, these [yarn and fabric] sectors reversed course and exhibited steady growth through the first two months of 2021, supporting recovering cotton use in 2021,” the bureau said, citing boosts to demand from “higher disposable income, rising living standards, population growth, and urbanization”.
Although textile and apparel exports soared 7.
2% to $291.2bn in 2020, the boost was led by demand for personal protective equipment (PPE) used in the fight against Covid-19.
