Home breadcru News breadcru Trade breadcru  | Average rate of China's fabric export to EU-27 at $1.19/mtr in Jan-May

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Average rate of China's fabric export to EU-27 at $1.19/mtr in Jan-May

23 Jul '23
1 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • China exported fabric worth $***.** billion to EU-27 countries during the first five months of the current year, at an average rate of $*.*9 per metre.
  • This rate is slightly lower than the $*.*0 per metre average in 2022.
  • Historical data shows an increase in the average price of fabric exported from China from $*.*6 per metre in 2020 to $*.*7 in 2021.

An analysis of trade data of *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro indicates that average rate of exported fabric had register steep rise during the previous years, but it eased slightly during the current year. The exports were valued at $*,***.*** million during the last year and the quantity was *,***.*** million meters, which averaged at $*.** per metre.

The outbound shipment to EU-** was noted at $*,***.*** million in **** when total *,***.***-million-metre fabric was exported. Therefore, average price was recorded at $*.** per metre. China’s shipment was $*,***.*** million (*,***.*** million metre) during ****, with the average price working out to $*.** per metre. Earlier in ****, the average price was $*.** per metre with total shipment of $*,***.*** million (*,***.*** million metre), as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro.

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