China exports stay strong, trade surplus tops 80 billion dollars will also have an effect on the seamless boyshorts market
exports stay strong; trade surplus tops 80 billion dollars will also have an
effect on the seamless boyshorts market
-- China exports remained strong in October, a positive sign for an economy
trying to cope with power shortages and the outbreak of COVID-19.
totaled 300.2 billion dollars, up 27.1 percent year-on-year, the country
customs agency said on Sunday. That down from 28.1 percent in September, but
still healthy. Imports were 215.7 billion dollars, up 20.6 percent.
and exports were much higher than a year ago when much of the world was in the
throes of the COVID-19 pandemic, but there was widespread concern that economic
headwinds were slowing growth. The world second-largest economy grew 4.9
percent in the three months to September, down from 7.9 percent in the previous
trade surplus was 84.5bn dollars in October, up from 66.8bn dollars the
previous month, the General Administration of Customs said. The surplus with
the US fell slightly to 40.7bn dollars from 42bn dollars in September. For the
European Union, the figure was 25.9 billion dollars.
economy has been hit by tough covid-19-related government restrictions that
have crimped domestic travel and consumer demand, as well as power shortages
that have depressed factory production. Regulators are also cracking down on
debt-laden property developers, slowing the market.
export growth slowed in October but beat expectations thanks to strong global
demand ahead of the winter holidays, easing power shortages and an improvement
in supply chains severely disrupted by the coronavirus pandemic.
Li Keqiang said on Tuesday that the government will take measures to support
the industrial sector to counter renewed downward pressure on the economy.
rose 20.6 percent in October from a year earlier, up from 17.6 percent in
September but well below expectations of 25 percent growth.
oil imports rose 56.3 percent year-on-year, up from 34.9 percent in September,
while coal imports rose 292 percent year-on-year, accelerating from 234 percent
in September, as the global energy crisis and economic recovery after the
COVID-19 pandemic pushed up commodity prices, the data showed.
trade surplus hit a record high of 84.54 billion dollars last month. It was
also above survey forecasts of 65.55 billion dollars and a surplus of 66.76
billion dollars in September.
world second-largest economy grew 4.9 percent in the July-September quarter
from a year earlier, its slowest pace since the third quarter of last year.
trade surplus with the United States was 40.75 billion dollars in October, down
from 42 billion dollars in September, according to Reuters calculations based
on customs data.
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overview of the seamless boyshorts
with woven clothing, knitted clothing has the characteristics of relaxed and
comfortable, free movement, soft and close-fitting, and no sense of bondage,
accounting for nearly 2/3 of the daily clothing consumption. The traditional
knitting process requires the stitching of the knitted piece, but the thickness
and seam mark of the stitching will affect the comfort and aesthetics of the
knitted garment, especially the tight and corset knitted garment. In order to
solve the discomfort and appearance destruction caused by the seamless
boyshorts suture process for tight-fitting and corset knitted garments (main
underwear at that time), seamless knitting was born.
knitting, also known as "three-dimensional one-time molding knitting technology",
its production process is based on the digital model of human body curve
database and human physiological function requirements, relying on
computer-aided design tools to complete style design, using industrial
intelligent digital control technology, The yarn with "three-dimensional,
one-piece" modeling structure directly from the industrial knitting
machine into a seamless boyshorts clothing products, is a digital intelligent
modern clothing production technology. In short, seamless knitting technology
is the use of special seamless knitting equipment, the use of computer digital
simulation function, in the form of three-dimensional production of one-time
molding clothing, neck, waist, hip and other curves without suture, can be
directly completed from yarn to clothing.
market trend of the seamless boyshorts
continuous improvement of people living standards, people demand for underwear
gradually increases, and so does the demand for seamless boyshorts. With the
hot selling of seamless underwear products, the comprehensive and rapid
development of seamless boyshorts will be driven.
underwear is a cylindrical product woven directly from the seamless underwear
knitting machine. It is one-time molding underwear for the neck, waist and hip
without seams. Compared with traditional knitted clothing, seamless underwear
is no longer bound by the elasticity of knitwear caused by stitching, so it has
higher comfort and fit. Different from traditional underwear, the pattern and
style of seamless underwear are completed on the equipment at one time through
the process design, with a rich variation. The pattern and style of the new can
faster cope with the current rapidly changing market, and quickly attract the
attention of consumers from the appearance. At present, seamless boyshorts
seamless underwear accounts for about 11% of the global underwear market.
of industry pattern, seamless underwear is similar to FMCG textiles such as
cotton socks. China is currently the world largest exporter, with relatively
mature production technology and a complete industrial chain, accounting for
more than 60% of the world output, mainly in the middle and low-end capacity.
Turkey, Vietnam, Sri Lanka, Italy and other countries also have production capacity.
With the rising labor costs of seamless boyshorts, some seamless underwear
manufacturers began to shift their production capacity to Vietnam and
market price of seamless boyshorts
seamless underwear exports account for about 70% of the world total, taking an
absolute leading position. The main market of China seamless boyshorts exports
is the United States (34%), followed by Japan (9%) and The United Kingdom (7%).
In the first half of 2020, the export scale of China seamless underwear
decreased by more than 30% year-on-year, mainly because the seamless apparel
business is mainly concentrated in the European and American markets. In the
first half of the year, Europe and the United States became the hardest hit
area of the NOVEL coronavirus epidemic, and the end consumption of seamless
boyshorts seamless apparel had a great impact, leading to a decrease in the
number of orders of Chinese enterprises. In addition, the seamless underwear
itself is highly related to sports scenes, and the demand for relevant products
declines as consumers reduce outdoor activities due to the impact of the
be seen that seamless boyshorts is still a "fresh" product in the
eyes of most consumers in China, and the seamless underwear market has not
really formed. In the future, with the continuous improvement of national
living standards, people demand for sports underwear, body underwear and the
seamless boyshorts will gradually increase and people will have a better
understanding of their functions and characteristics. Once most consumers fully
accept seamless underwear products, a huge market space will be revealed, and
the price of the seamless boyshorts will also fluctuate greatly.
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