Economic Analysis of Printing and Dyeing Industry in the First Half of 2010 - 2
The article discusses the economic performance of the printing and dyeing industry in the first half of 2010, with a focus on import and export activities. From January to May, the total import and export volume for the six main categories of printed and dyed products reached $5.638 billion, representing a 17.95% year-on-year increase. This growth rate was 14.46 percentage points lower compared to the January-February period but still showed a significant acceleration of 35.61 percentage points from the same period last year. The trade surplus for this period amounted to $3.614 billion, up by 31.61% compared to the same time in 2009. The surplus growth rate had dropped by 34.41 percentage points from January to February, but it still increased by 46.99 percentage points year-on-year.
In terms of exports, the total export volume of the six major categories of printed and dyed products reached 4.967 billion meters, an increase of 15.32% compared to the same period in 2009. The growth rate fell by 28.72 percentage points compared to January to February, but it still rose by 27.67 percentage points year-on-year. The export value reached $4.626 billion, up by 22.92% year-on-year. The growth rate decreased by 21.64 percentage points from the previous two months, yet it still saw an increase of 39.75 percentage points compared to the same period last year. The average export unit price stood at 0.95 yuan per meter, an increase of 6.59% year-on-year, marking the second consecutive quarter of rising export prices.
Looking at specific product categories, only cotton-blend printed fabrics saw a sharp decline in both export volume and value compared to the previous year. However, the other five categories experienced double-digit growth in export volume, with cotton-blend dyed fabrics showing the most significant increase—over 40% year-on-year. Excluding the unit price of cotton-blend dyed fabrics, the export prices of the other four product types also rose, with printed fabrics showing the highest increase.
In terms of key export markets, the top five destinations were Benin, Brazil, Bangladesh, Hong Kong (China), and Vietnam, collectively accounting for 30.09% of total exports. Brazil saw the most substantial growth, with export volume increasing by 125.75% and export value rising by 176.34%. The export unit price in Brazil increased by 22.41% year-on-year, although the price remained relatively low at just $0.75 per meter. Exports to Benin, Bangladesh, and Vietnam also grew at double-digit rates, while exports to Hong Kong declined by 15.92% year-on-year.
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