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Textile market review.
14.
07.2010
Today the total amount of the world market of the textile industry production is estimated by experts more than in 450 billion USD. Thus consumption of textile production, clothes and footwear stably grows on 2 - 4 % a year. According to experts in 2010 growth make about 12 %.
The leader of the world textile industry is China. For this country the textile industry is one of national economy bases. Now China occupies about 35 % of the world textile market. It is because of cancellation of restrictions for textiles import from developing countries that caused a sharp growth of import of textile production from China and other countries of Asia. However the textile industry takes a considerable place in economy of the European countries also, for example in Germany, Italy, Portugal, Turkey, among the countries of Asia textile industry leaders are China, India, Korea, the countries of the Central Asia. Today the majority of the republics of the Central Asia are suppliers of textile raw materials on the world market. Uzbekistan. The textile branch is strategic for Uzbekistan. It is caused not only that the republic traditionally was the basic manufacturer of cotton, but also that here there are all conditions for profitable manufacture of all kinds of textile raw materials. Thanks to the state support in textile branch of our republic there were great changes. By present time in textile manufacture sphere it is realized more than 30 investment projects for a total amount more than 1,5 billion USD, including more than 100 million USD of foreign investments.
The carried out research of the market of the textile industry production allows to make following conclusions: - Growth of a consumer demand for textile production gives possibilities of manufacture growth. - Last years the textile market showed the highest rates of growth in comparison with other sectors of economy, increasing production on the average 30 % annually. It testifies to great potential of textile branch for the further development - this market is attractive for strategic investors because of the high profitableness of investments. Conclusions. The textile industry, in spite of rapid development of information high technologies in the third millennium, has not lost and will not lose the importance for economy of any country. The reason is not only nondecreasing demand for necessities, but also the textile industry is the locomotive for adjacent sectors of the industry.
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Data as of 02.09.2010
News
31.08.2010 INDEPENDENCE DAY!!! The President of "Daewoo Textile Fergana" Jeong Ki Seop sincerely congratulates all workers on Independence Day and wishes everyone successes in work, prosperity, health, family happiness and well-being! 31.08.2010 Uzbekistan develops new textile productions. Uzbekistan and foreign partners promptly puts into operation new modern textile productions. 31.08.2010 Korean companies acquire cotton pulp plant in Uzbekistan Daewoo International Corp. and Korea Minting & Security Printing Corp. partnered to make an entry into the cotton pulp market by acquiring a cotton pulp manufacturing plant in Uzbekistan. 23.08.2010 In 2010-2011 cotton world production will increase by 14 % As predicted, cotton world production in 2010-2011 will increase by 14 %, to 116,9 million bales, it will be the maximum mid-annual gain after reduction of prices last year. The basic volume of output is necessary to Australia, Brazil, China, the USA and Uzbekistan, writes a portal of the economic information "UzReport". 20.08.2010 The growth of volumes textile production. Thanks to carrying out of large-scale work on technical and technological updating of manufacturing enterprises in Uzbekistan there is an increase in volume of qualitative and competitive production from local raw materials, the population occupation level raises. It can be tracked on an example of the enterprises of state joint-stock company "Uzbekingilsanoat". |
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