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China's fibre imports from Australia tumble, apparel exports rise

In ****, China imported $*.*** billion worth of fibre from Australia, but this figure fell by ** per cent to $*.*** billion in ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. There was a steep fall in imports during the pandemic, with figures dropping from $*.*** billion in **** to $*.*** billion in ****. However, a slight recovery occurred in **** with imports valued at $*.*** billion, before declining again to $*.*** billion in ****. In the first quarter of ****, China imported fibre worth $***.*** million.

In terms of volume, China’s fibre import was ***.*** kg during **** which came down to ***.*** million in ****. During Covid year ****, the import halved to just ***.*** million kg. It further eased to ***.*** million kg and ***.*** million kg in **** and **** respectively. The import stood at **.*** million kg in January-March ****.