India’s textile exports grew 8 percent in November next a surge in demand from Europe and novel markets in Africa and Latin American countries, a textile ministry administrator says, Exports grew by over 11 percent during first two quarters of last financial, but in progress falling during the third and the concluding district with a refuse of 10 percent at $20 billion (Rs.100,000 crore) in wake of the global reduce speed.
]Our textiles exports increased by 8 percent. This is mainly because of revitalization in demand in few European countries in addition other new markets in Africa, Oceania and Latin American countries which were recognized in the new Foreign Trade Policy,” said Rita Menon, the textiles desk.
Europe and the US are the two markets which description for at least 35 percent of India’s textile exports. However, India’s textile exports have not chosen up in US largely.
Wednesday, January 27, 2010
Thursday, January 21, 2010
Iron, Steel, Aluminums Export
Iron
It can't be denied in the modern times that an over all development of a country depends to a greater extent on Iron and Steel Industry because we are passing through the 'Steel Age', where right from a sewing needle to aircraft all the goods require iron and steel to come into being. Iron and steel is indispensable to use for making machines, tools, war items and other various goods of daily life.
Rail tracks, rail bogies, aero-planes, ships, motor cars, bridge dams, tunnels and pipe lines required iron and steel.
Significance of iron and steel could be assessed through the following facts:
a) Fast, modern and cheap means of transport play decisive role in the economic development of a country. For this purpose, rails, ships, aero planes, motor vehicles etc.
b) If the supply of consumers goods are abundant in a country, it is the symptom that the country is self sufficient and does not depend on others. The consumers goods are made on machines which are made of iron and steel.
In the light of this discussion, it could confidently be concluded that if a country is deficient in iron and steel, it should not dream for the economic development.
KINDS OF IRON
In most of the countries is achieved in the solid form but iron, in fact, is achieved in the following kinds of oars.
1) Hematite
With a iron weight of 70 per cent. The colour of such iron oar is reddish. Sometimes the iron is achieved in strips form in the oar called 'Layered Iron'. Hematite oar is mined excessively in Russia, America and India. The standard weight of this kind of iron is 5.0 and the standard hardness is 0.5.
2) Sidrite
The iron proportion in the Sidrite oar is 48 per cent and it is mostly mined in the European countries. there are various kinds of Sidrite iron oar.
3) Magnetites
Magnetites oar is black in colour because it contains the maximum iron percentage. The kind of iron oar mined from sweden is the same. Teh standard weight of this type is 5.4 and the standard hardness is 5.5.
4) Limonite
Limonite oar contains the iron weight 50 pet cent. the special weight of water molecule is different but maximum is 3.8 while the standard hardness is 5.5. The colour of this kind of oar is either grey of yellowish. This iron oar is excessively mined in France and Britain.
The other metals mixed in the iron oar are lime, silica, aluminum, oxide, phospshorus, sulphur, manganese and the water molecules. The oar having more particles of sulphur and phosphate is not considered important for the iron purpose because it is difficult to clean therefore it becomes expensive.
Steel
Pakistan Steel is one of he important ventures in public sector industries, which is aimed at providing basic raw material to local high-tech industries in the country. The installed capacity of 1.1 million tonnes of raw steel is extendable up to 3 million tonnes. The main products of Pakistan Steel are coke, pig iron, billets, hot rolled coils / sheets, galvanized sheets etc. The re-structuring of Pakistan Steel is under active consideration of the government and a BMR project is under implementation on self-financing basis. The performance of Pakistan Steel is summarized.
Pakistan Steel has established 34 downstream industries in the private sector for optimum utilization of its production capacity. Another 9 units are in various stage of completion. Pakistan Steel has created a fully developed industrial estate with in its boundaries for the aspirant entrepreneurs to provide opportunity to locate downstream industry near the source of raw material.
Aluminum
Aluminum is one of the Pakistan's major Import. Pakistan can not develop the Aluminum due to the lack of technology. We hope that Pakistan will be developing Aluminum and saving the money and raise their export.
It can't be denied in the modern times that an over all development of a country depends to a greater extent on Iron and Steel Industry because we are passing through the 'Steel Age', where right from a sewing needle to aircraft all the goods require iron and steel to come into being. Iron and steel is indispensable to use for making machines, tools, war items and other various goods of daily life.
Rail tracks, rail bogies, aero-planes, ships, motor cars, bridge dams, tunnels and pipe lines required iron and steel.
Significance of iron and steel could be assessed through the following facts:
a) Fast, modern and cheap means of transport play decisive role in the economic development of a country. For this purpose, rails, ships, aero planes, motor vehicles etc.
b) If the supply of consumers goods are abundant in a country, it is the symptom that the country is self sufficient and does not depend on others. The consumers goods are made on machines which are made of iron and steel.
In the light of this discussion, it could confidently be concluded that if a country is deficient in iron and steel, it should not dream for the economic development.
KINDS OF IRON
In most of the countries is achieved in the solid form but iron, in fact, is achieved in the following kinds of oars.
1) Hematite
With a iron weight of 70 per cent. The colour of such iron oar is reddish. Sometimes the iron is achieved in strips form in the oar called 'Layered Iron'. Hematite oar is mined excessively in Russia, America and India. The standard weight of this kind of iron is 5.0 and the standard hardness is 0.5.
2) Sidrite
The iron proportion in the Sidrite oar is 48 per cent and it is mostly mined in the European countries. there are various kinds of Sidrite iron oar.
3) Magnetites
Magnetites oar is black in colour because it contains the maximum iron percentage. The kind of iron oar mined from sweden is the same. Teh standard weight of this type is 5.4 and the standard hardness is 5.5.
4) Limonite
Limonite oar contains the iron weight 50 pet cent. the special weight of water molecule is different but maximum is 3.8 while the standard hardness is 5.5. The colour of this kind of oar is either grey of yellowish. This iron oar is excessively mined in France and Britain.
The other metals mixed in the iron oar are lime, silica, aluminum, oxide, phospshorus, sulphur, manganese and the water molecules. The oar having more particles of sulphur and phosphate is not considered important for the iron purpose because it is difficult to clean therefore it becomes expensive.
Steel
Pakistan Steel is one of he important ventures in public sector industries, which is aimed at providing basic raw material to local high-tech industries in the country. The installed capacity of 1.1 million tonnes of raw steel is extendable up to 3 million tonnes. The main products of Pakistan Steel are coke, pig iron, billets, hot rolled coils / sheets, galvanized sheets etc. The re-structuring of Pakistan Steel is under active consideration of the government and a BMR project is under implementation on self-financing basis. The performance of Pakistan Steel is summarized.
Pakistan Steel has established 34 downstream industries in the private sector for optimum utilization of its production capacity. Another 9 units are in various stage of completion. Pakistan Steel has created a fully developed industrial estate with in its boundaries for the aspirant entrepreneurs to provide opportunity to locate downstream industry near the source of raw material.
Aluminum
Aluminum is one of the Pakistan's major Import. Pakistan can not develop the Aluminum due to the lack of technology. We hope that Pakistan will be developing Aluminum and saving the money and raise their export.
Ban on raw cotton export urged
KARACHI: Textile ancillary industry has urged the government to impose ban on export of cotton to ease the rapidly rising yarn prices as it is causing damage to the viability of value-added textile goods on the world markets. Textile exports have already registered a steep fall during December 2007.
Short cotton crop has pushed prices above import parity at Rs3,300 per maund and this was resulting in price spiral as yarn prices have also started climbing, pushing up the cost of inputs of textile industry to an unprecedented level.
The industry had been complaining of high cost of production owing to frequent rise in utilities, such as power and gas tariffs, but soaring cotton prices have further deteriorated the situation, industry sources said.
Syed Usman Ali, chairman, Towel Manufacturers’ Association of Pakistan (TMA), apprehended that if soaring raw cotton and yarn prices were not controlled, the textile products would become uncompetitive and lose traditional markets to their rivals Bangladesh, India, China and Sri Lanka.
Currently, the industry is also confronting poor law and order situation due to which not only production hours are lost, but foreign buyers seem to be highly shaky about placing orders.
“My buyers before placing orders asked me to confirm if my unit is in a position for timely delivery of orders as they fears a total breakdown of law and order in Pakistan,” a leading home textile exporter who attended recently held Heimtextil fair at Frankfurt told Dawn.
Javed Bilwani, chairman, Pakistan Hosiery Manufacturers Association (PHMA), said there was an urgent need for re-evaluating the current situation and the government had to ensure that the textile exports stay competitive to control rapidly widening trade imbalance.
In view of short cotton crop there seems to be no logic to export the produce, he said and urged the government to impose ban on export of raw cotton, otherwise, the industry would start closing down.
Short cotton crop has pushed prices above import parity at Rs3,300 per maund and this was resulting in price spiral as yarn prices have also started climbing, pushing up the cost of inputs of textile industry to an unprecedented level.
The industry had been complaining of high cost of production owing to frequent rise in utilities, such as power and gas tariffs, but soaring cotton prices have further deteriorated the situation, industry sources said.
Syed Usman Ali, chairman, Towel Manufacturers’ Association of Pakistan (TMA), apprehended that if soaring raw cotton and yarn prices were not controlled, the textile products would become uncompetitive and lose traditional markets to their rivals Bangladesh, India, China and Sri Lanka.
Currently, the industry is also confronting poor law and order situation due to which not only production hours are lost, but foreign buyers seem to be highly shaky about placing orders.
“My buyers before placing orders asked me to confirm if my unit is in a position for timely delivery of orders as they fears a total breakdown of law and order in Pakistan,” a leading home textile exporter who attended recently held Heimtextil fair at Frankfurt told Dawn.
Javed Bilwani, chairman, Pakistan Hosiery Manufacturers Association (PHMA), said there was an urgent need for re-evaluating the current situation and the government had to ensure that the textile exports stay competitive to control rapidly widening trade imbalance.
In view of short cotton crop there seems to be no logic to export the produce, he said and urged the government to impose ban on export of raw cotton, otherwise, the industry would start closing down.
Sales of artificial jewellery and bangles on the rise
KARACHI: Hundreds of women throng the bazaars of the metropolis in the last ten days of Ramazan, resulting in doubling of sales for big retail outlets of artificial jewellery and bangles. While smaller shops’ sales rise by 25 percent to 35 percent.
In the Saddar market there is mixed reaction of shopkeepers as half of the shoppers are pleased with their sales while the other half are still not satisfied with their sales as compared their last year business during Ramazan.
Female customers are flocking to the markets to buy artificial jewellery and bangles matching with their clothes. The jewellery sellers say after sitting easy in the first twenty days of Ramazan, customers are now coming in a large number. Sales of big retail outlets in market have jumped to Rs 100,000 to Rs 150,000 per day, said Mr Rafique Memon an owner of a big retail outlet in busy shopping area of Boulton market.
He said that due to the current political situation and inflation, the purchasing power of people has effected, therefore there is not a bigger difference in number of shoppers and magnitude of shopping as compared to previous years. A shopkeeper at Tariq road said, “Our sales depend on variety of products offered to the customers, larger variety attracts more female customers. Females are very conscious what they wear as most our customer asked latest jewellery item used in Indian dramas,” he adds. Aslam Raza a shopkeeper at Hyderi market said that the artificial jewellery and bangles are the most sold products in the last ten days of Ramadan. Right now our business is on peak as compared to the first twenty days because people usually prefer unstitch garments, as tailors usually stop taking orders for stitching clothes after 15th Ramadan.
Another shopkeeper said, his sales have swelled by 200 percent in last fifteen days of Ramazan. He said there was no business in first fifteen days, but now he is facing increasing pressure of customers.
Rising expenditure cost: The owner of another boutique said that his sales have risen by 15 percent to 20 percent but higher expenses are not allowing him to earn more. “Shoppers come out of their homes only after breaking their fast, so we have to keep shops open till late night, which incur more electricity charges and make us to give double salaries to our sales staff.” “Sales depend on variety of products offered to the customers, larger variety attracts more people,” he adds.
Still some of the shopkeepers said that sales have reduced to a great extent as compared to previous years, because purchasing power of the people has fallen as a result of higher expenses.
“There is a great rush of people in bazaars as always, but not real shoppers,” said Mohammad Majid, a shop owner at Tariq Road. “In Ramazan, especially the last ten days, more than half of the people seen roaming around shops come here just to enjoy the hustle bustle,” he added.
In the Saddar market there is mixed reaction of shopkeepers as half of the shoppers are pleased with their sales while the other half are still not satisfied with their sales as compared their last year business during Ramazan.
Female customers are flocking to the markets to buy artificial jewellery and bangles matching with their clothes. The jewellery sellers say after sitting easy in the first twenty days of Ramazan, customers are now coming in a large number. Sales of big retail outlets in market have jumped to Rs 100,000 to Rs 150,000 per day, said Mr Rafique Memon an owner of a big retail outlet in busy shopping area of Boulton market.
He said that due to the current political situation and inflation, the purchasing power of people has effected, therefore there is not a bigger difference in number of shoppers and magnitude of shopping as compared to previous years. A shopkeeper at Tariq road said, “Our sales depend on variety of products offered to the customers, larger variety attracts more female customers. Females are very conscious what they wear as most our customer asked latest jewellery item used in Indian dramas,” he adds. Aslam Raza a shopkeeper at Hyderi market said that the artificial jewellery and bangles are the most sold products in the last ten days of Ramadan. Right now our business is on peak as compared to the first twenty days because people usually prefer unstitch garments, as tailors usually stop taking orders for stitching clothes after 15th Ramadan.
Another shopkeeper said, his sales have swelled by 200 percent in last fifteen days of Ramazan. He said there was no business in first fifteen days, but now he is facing increasing pressure of customers.
Rising expenditure cost: The owner of another boutique said that his sales have risen by 15 percent to 20 percent but higher expenses are not allowing him to earn more. “Shoppers come out of their homes only after breaking their fast, so we have to keep shops open till late night, which incur more electricity charges and make us to give double salaries to our sales staff.” “Sales depend on variety of products offered to the customers, larger variety attracts more people,” he adds.
Still some of the shopkeepers said that sales have reduced to a great extent as compared to previous years, because purchasing power of the people has fallen as a result of higher expenses.
“There is a great rush of people in bazaars as always, but not real shoppers,” said Mohammad Majid, a shop owner at Tariq Road. “In Ramazan, especially the last ten days, more than half of the people seen roaming around shops come here just to enjoy the hustle bustle,” he added.
Cotton export surges by 47%
KARACHI: Cotton export from Pakistan has surged by 47 percent in July-September 2007 as compared to the same period last year, the exporters said on Tuesday.
“In the international market, Pakistani cotton is getting more attraction due to higher quality from the traditional and non-traditional cotton importing countries”, a senior trader Ghulam Rabbani said.
During July-September 2007, Pakistan registered an export figure of 4,788 metric tonnes against 2,936 metric tonnes in July-September 2006.
Mr Rabbani said “another shipment of lint from fresh crop is ready after Eid-al-Fitar to Far East, as we have already completed two shipments of the cotton season 2007-08 some week ago”.
He said the international lint buyers consider Pakistan cotton number one in quality as well as on competitive rates in the international market besides it is the only new harvest in the international market available.
He said our nearest competitor, the Indian cotton merchants are offering a bit higher price while their quality does not confirm to the demand of international buyers. He said still the rates in domestic market are cheaper as compared to the prices in other international markets in the world as Indian type J-34 offered at 65-66 cents per pound which accumulated to around Rs 3,225 per maund.
He said, “a sizable export will not affect the domestic market’s requirements as the country’s import of PIMA grade (US) and other qualities cotton are still a regular feature, as we are already facing a shortfall of around 3 million bales”.
Indian cotton exports are expected to continue to expand to over one million tonnes, making India the second largest cotton exporting country, the ICAC said.
The ICAC forecast a season-average Cot look A index of 71.00 cents per pound in 2007-08, 12 cents higher than in 2006-07, because of an expected significant decrease in the 2007-08 stocks-to-mill use ratio.
The ICAC issued the world supply and demand estimate for October 1 for 06-07-world production. It rose to 119 million bales from 118 million bales in September. World consumption was also lowered to 120 million bales down one million bales from a month earlier.
“In the international market, Pakistani cotton is getting more attraction due to higher quality from the traditional and non-traditional cotton importing countries”, a senior trader Ghulam Rabbani said.
During July-September 2007, Pakistan registered an export figure of 4,788 metric tonnes against 2,936 metric tonnes in July-September 2006.
Mr Rabbani said “another shipment of lint from fresh crop is ready after Eid-al-Fitar to Far East, as we have already completed two shipments of the cotton season 2007-08 some week ago”.
He said the international lint buyers consider Pakistan cotton number one in quality as well as on competitive rates in the international market besides it is the only new harvest in the international market available.
He said our nearest competitor, the Indian cotton merchants are offering a bit higher price while their quality does not confirm to the demand of international buyers. He said still the rates in domestic market are cheaper as compared to the prices in other international markets in the world as Indian type J-34 offered at 65-66 cents per pound which accumulated to around Rs 3,225 per maund.
He said, “a sizable export will not affect the domestic market’s requirements as the country’s import of PIMA grade (US) and other qualities cotton are still a regular feature, as we are already facing a shortfall of around 3 million bales”.
Indian cotton exports are expected to continue to expand to over one million tonnes, making India the second largest cotton exporting country, the ICAC said.
The ICAC forecast a season-average Cot look A index of 71.00 cents per pound in 2007-08, 12 cents higher than in 2006-07, because of an expected significant decrease in the 2007-08 stocks-to-mill use ratio.
The ICAC issued the world supply and demand estimate for October 1 for 06-07-world production. It rose to 119 million bales from 118 million bales in September. World consumption was also lowered to 120 million bales down one million bales from a month earlier.
Cotton Export
COTTON BAGS
Pakistan's Cotton bags are made of 100% cotton cloths in different sizes. The products include shopping hags in Grey, bleached, dyed and hand screen printed with pigment colors according to the buyer's requirements for advertising and promotional activities of their products. Prints are made for prolonged color fastness. Kit bags made of canvas cloths in different weight per sq. meter also made for sports, camping purposes, requirements of armed forces, schools, industrial, agricultural and miscellaneous commercial needs.
COTTON FABRICS
Cotton and Cotton products occupy a pivotal position in the economy of Pakistan. Pakistani Weaving industry has been producing sophisticated quality fabrics in line with the latest overseas demand. Made of superior Cotton, the textile fabrics of Pakistan are distinguished for their quality, texture, lustrous color and rich combination of superior designs and competitive prices.
Pakistan's Textile industry enjoys several advantages over many other countries as far as the production of quality fabric is concerned, which include availability of high-grade locally produced raw cotton and abundance of trained manpower.
COTTON YARN
Pakistan's cotton is regarded as the best among varieties of cottons of similar staples grown elsewhere in the world. Pakistan's cotton industry enjoys several advantages over those of many other counties as far as the production of quality fabrics and yam is concerned and is a world leader in the export of cotton yarn. including coarse, medium and fine varieties. Pakistan's leading buyers are Japan, Republic Of Korea and Hong Kong.
GARMENTS READY MADE
Pakistan produces garments readymade of all pattern and styles, of the latest fashions and quality. The industry is adequately equipped to produce latest fashions to suit tastes and needs in any pan of the world. The products also include utility items such as service uniforms, overalls, shirts, jeans, night suits, uniforms for school, workers in industrial concerns catering establishments, etc . Leading Pakistani designers;, garment manufacturers and exporters display their designs and products regularly round the world in international fatrs and exhibitions and in trade centers like Paris, London, New York, Tokyo and Berlin, Two fashion fairs are also organized annually in Pakistan namely the Pakistan Textile and Clothing Fair, held in winter, and the Fashion Apparel Fair in summer.
Pakistan's Cotton bags are made of 100% cotton cloths in different sizes. The products include shopping hags in Grey, bleached, dyed and hand screen printed with pigment colors according to the buyer's requirements for advertising and promotional activities of their products. Prints are made for prolonged color fastness. Kit bags made of canvas cloths in different weight per sq. meter also made for sports, camping purposes, requirements of armed forces, schools, industrial, agricultural and miscellaneous commercial needs.
COTTON FABRICS
Cotton and Cotton products occupy a pivotal position in the economy of Pakistan. Pakistani Weaving industry has been producing sophisticated quality fabrics in line with the latest overseas demand. Made of superior Cotton, the textile fabrics of Pakistan are distinguished for their quality, texture, lustrous color and rich combination of superior designs and competitive prices.
Pakistan's Textile industry enjoys several advantages over many other countries as far as the production of quality fabric is concerned, which include availability of high-grade locally produced raw cotton and abundance of trained manpower.
COTTON YARN
Pakistan's cotton is regarded as the best among varieties of cottons of similar staples grown elsewhere in the world. Pakistan's cotton industry enjoys several advantages over those of many other counties as far as the production of quality fabrics and yam is concerned and is a world leader in the export of cotton yarn. including coarse, medium and fine varieties. Pakistan's leading buyers are Japan, Republic Of Korea and Hong Kong.
GARMENTS READY MADE
Pakistan produces garments readymade of all pattern and styles, of the latest fashions and quality. The industry is adequately equipped to produce latest fashions to suit tastes and needs in any pan of the world. The products also include utility items such as service uniforms, overalls, shirts, jeans, night suits, uniforms for school, workers in industrial concerns catering establishments, etc . Leading Pakistani designers;, garment manufacturers and exporters display their designs and products regularly round the world in international fatrs and exhibitions and in trade centers like Paris, London, New York, Tokyo and Berlin, Two fashion fairs are also organized annually in Pakistan namely the Pakistan Textile and Clothing Fair, held in winter, and the Fashion Apparel Fair in summer.
Pakistan Customs Office for Exporting Clothing & Textiles
Pakistan Customs is the guardian of Pakistan borders against movement of contra band goods and is facilitator of bona fide trade . It provides a major source of revenue to the Government of Pakistan in the form of taxes levied on the goods traded across the borders. It also helps to protect the domestic industry, discourage consumptions of luxury goods and stimulate development in the under -developed areas.
Import Process:
Two main documents of the import process are Import General Manifest (IGM) and Bill of Entry (BOE). An IGM is generated by the carrier (or his agent) bringing the imported goods in to the country. Whereas , the BOE is prepared by the importer or his agent in accordance with the import documents. The goods are then examined and assessed to value by the customs authorities . After payment of customs duty and other taxes leviable at import stage the goods are cleared for home consumption . Removal of goods to bonded ware - houses , provisional release of goods against bank guarantees , transshipment of imported goods to up country dry ports and auction of goods not cleared within a stipulated period of time are also part of import process.
Export Process:
Two main document of the export process are Shipping Bill and Export General Manifest (EGM) . The Shipping Bill is prepared by the exporter or his agent and presented to the customs authorities along with goods to be exported . After examination and valuation of goods , the export is allowed by the customs authorities and rebate is sanctioned , in due course of time , against the payment of customs duty on the imported raw materials used in the manufacture of such goods . An EGM is generated by the carrier (or his agent) taking the goods out of the country.
Import Process:
Two main documents of the import process are Import General Manifest (IGM) and Bill of Entry (BOE). An IGM is generated by the carrier (or his agent) bringing the imported goods in to the country. Whereas , the BOE is prepared by the importer or his agent in accordance with the import documents. The goods are then examined and assessed to value by the customs authorities . After payment of customs duty and other taxes leviable at import stage the goods are cleared for home consumption . Removal of goods to bonded ware - houses , provisional release of goods against bank guarantees , transshipment of imported goods to up country dry ports and auction of goods not cleared within a stipulated period of time are also part of import process.
Export Process:
Two main document of the export process are Shipping Bill and Export General Manifest (EGM) . The Shipping Bill is prepared by the exporter or his agent and presented to the customs authorities along with goods to be exported . After examination and valuation of goods , the export is allowed by the customs authorities and rebate is sanctioned , in due course of time , against the payment of customs duty on the imported raw materials used in the manufacture of such goods . An EGM is generated by the carrier (or his agent) taking the goods out of the country.
Export Market for Babies' Garments and Clothing Accessories of Textile Fabrics in Pakistan
On the demand side, exporters and strategic planners focusing on babies’ garments and clothing accessories of textile fabrics in Pakistan face a number of questions. Which countries are supplying babies’ garments and clothing accessories of textile fabrics to Pakistan? How important is Pakistan compared to others in terms of the entire global and regional market? How much do the imports of babies’ garments and clothing accessories of textile fabrics vary from one country of origin to another in Pakistan? On the supply side, Pakistan also exports babies’ garments and clothing accessories of textile fabrics. Which countries receive the most exports from Pakistan? How are these exports concentrated across buyers? What is the value of these exports and which countries are the largest buyers?
This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for babies’ garments and clothing accessories of textile fabrics in Pakistan. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for babies’ garments and clothing accessories of textile fabrics for those countries serving Pakistan via exports, or supplying from Pakistan via imports. It does so for the current year based on a variety of key historical indicators and econometric models.
In what follows, Chapter 2 begins by summarizing where Pakistan fits into the world market for imported and exported babies’ garments and clothing accessories of textile fabrics. The total level of imports and exports on a worldwide basis, and those for Pakistan in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Pakistan is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Pakistan compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports of babies’ garments and clothing accessories of textile fabrics, Chapter 3 goes into detail on imports, but for each major country of origin serving Pakistan. A “major” market is defined as a country where Pakistan represents a substantially large share of either imports or exports. For each major country exporting to Pakistan, one can thus observe how important Pakistan is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of babies’ garments and clothing accessories of textile fabrics originating from Pakistan, for each major country of destination. In doing so, one can discover the share that Pakistan has in each major market; this share value is often used as a measure of competitiveness for Pakistan. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of babies’ garments and clothing accessories of textile fabrics to and from Pakistan to and from all other major countries in the world. 'Babies’ Garments and Clothing Accessories of Textile Fabrics' as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined 'babies’ garments and clothing accessories of textile fabrics' is 8451 .
This report was created for strategic planners, international marketing executives and import/export managers who are concerned with the market for babies’ garments and clothing accessories of textile fabrics in Pakistan. With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics which appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for babies’ garments and clothing accessories of textile fabrics for those countries serving Pakistan via exports, or supplying from Pakistan via imports. It does so for the current year based on a variety of key historical indicators and econometric models.
In what follows, Chapter 2 begins by summarizing where Pakistan fits into the world market for imported and exported babies’ garments and clothing accessories of textile fabrics. The total level of imports and exports on a worldwide basis, and those for Pakistan in particular, is estimated using a model which aggregates across over 150 key country markets and projects these to the current year. From there, each country represents a percent of the world market. This market is served from a number of competitive countries of origin. Based on both demand- and supply-side dynamics, market shares by country of origin are then calculated across each country market destination. These shares lead to a volume of import and export values for each country and are aggregated to regional and world totals. In doing so, we are able to obtain maximum likelihood estimates of both the value of each market and the share that Pakistan is likely to receive this year. From these figures, rankings are calculated to allow managers to prioritize Pakistan compared to other major country markets. In this way, all the figures provided in this report are forecasts that can be combined with internal information sources for strategic planning purposes.
After the worldwide summary in Chapter 2 of both imports and exports of babies’ garments and clothing accessories of textile fabrics, Chapter 3 goes into detail on imports, but for each major country of origin serving Pakistan. A “major” market is defined as a country where Pakistan represents a substantially large share of either imports or exports. For each major country exporting to Pakistan, one can thus observe how important Pakistan is to that exporting country compared to other countries of the world. Chapter 4 does the same, but for exports of babies’ garments and clothing accessories of textile fabrics originating from Pakistan, for each major country of destination. In doing so, one can discover the share that Pakistan has in each major market; this share value is often used as a measure of competitiveness for Pakistan. In all cases, the total dollar volume and percentage share values by major trading partner are provided. Combined, Chapters 3 and 4 present a the total picture for imports and exports of babies’ garments and clothing accessories of textile fabrics to and from Pakistan to and from all other major countries in the world. 'Babies’ Garments and Clothing Accessories of Textile Fabrics' as a category is defined in this report following the definition given by the United Nations Statistics Division Classification Registry using the Standard International Trade Classification, Revision 3 (SITC, Rev. 3). The SITC code that defined 'babies’ garments and clothing accessories of textile fabrics' is 8451 .
Pakistan textile clothing export
Pakistan's textile and clothing exports fell in the first eight months of the current fiscal year, due to surging raw material prices, energy crisis, financial costs and global recession.
Shipments to foreign countries were down 6 percent in value terms during the first eight months of the current fiscal year compared with the same period last year.
Pakistan's textile and clothing exports fell in the first eight months of the current fiscal year, due to surging raw material prices, energy crisis, financial costs and global recession.
Shipments to foreign countries were down 6 percent in value terms during the first eight months of the current fiscal year compared with the same period last year.
Cotton yarn, the primary export earning category went down by 15%, woven readymade garments by 12%, bed wear by 10%, knit wear garments by 3% during the period.
However, exports of cotton cloth and Towels went up by 6% and 10% respectively.
2006-07 (July-June) was the best year for Pakistan’s textile and clothing industry when the industry managed to export US$ 10.8 billion with the support of friendly government policies, international propitious environment, and lower cotton prices.
The shift in government policies, increases in input costs, and the global recession have changed the scenario for textile exports from Pakistan. Now the textile industry in the country is passing through a very critical period with number of closers and shutdowns.
On the domestic front, Interest rate has gone up by 20%, during the last six months and inflation in the country has reached 21%.
Since 2004, diesel prices in Pakistan has gone up by 150 percent, petrol prices by 71 percent, gas prices by 91 percent, electricity cost by 60 percent, minimum wage of unskilled workers by 140 percent.
Furthermore, shortage of energy also affected the textile industry and exports from Pakistan. During the summer season electricity shortfall is about 2,500 megawatts which results in around four to six hours of daily power cuts.
The textile industry in Pakistan invested US$6.4 billion during the period 1999-2007, when interest rates were extremely low. Textile machinery imports, as a result reached the highest level of US$928 million during the fiscal year 2004-05. This was US$438 million in the last fiscal year, reflecting the lack of modernization in the industry.
Cotton remains a primary raw material for the textile industry in Pakistan, accounting for over 70 percent of the total production cost.
Cotton production in the country is stagnant at around 12 million bales of 170 kg while cotton consumption has passed the 16 million bales mark due the massive expansions in spinning sector during the last five years. Widening demand and supply gap of cotton is pushing cotton prices to higher levels.
Consumer price index (CPI) in Pakistan reached the highest level 21.1 percent (YoY) in February 09
The increase mainly came from surging food prices which recorded at 22.9 percent during February 09, mainly due to an increase in the prices of essential food items. In addition energy prices also contributed a lot to the inflation.
Soaring food and other essential items prices have resulted in labor protests in major cities. The government has taken several measures to contain the rapid rise in inflation for next year.
To counter the rising inflation in the country, the government of Pakistan has announced an increase in minimum wages of unskilled workers to PKR6000/month (US$75/month), but there is reported wide payment of the older rate still, of PKR4000/month (US$50/month).
Government Supports and Subsidies
The government of Pakistani devalued the local currency by around 27% against the US dollar in last one year.
The government of Pakistan had been paying a 6% Research and Development (R&D) subsidy on exports of woven and knitted garments, 5% on dyed and printed home textiles, and 3% on dyed and printed fabrics. These payments are now suspended since July 2008.
The government has paid some PKR 31 billion to the textile exporters against the scheme, including PKR 6.975 billion to fabrics, PKR 0.997 billion to bed wear and knitwear and PKR 21.175 billion to garments sector.
The subsidy was first announced in June 2005, but only for knitted and woven garments.
In mid-2006, home textiles and finished fabrics were included in the scheme.
State Bank of Pakistan (SBP) has also paid more than US$ 800 million to the textile sector under the Long Term Financing of Export Oriented Projects (LTF-EOP) scheme since May 2004.
Under the scheme concessionary long-term project finance to export-oriented enterprises was provided since May 2004 for import of machinery.
The interest rate is charged at around 7.5 percent -repayable in 7 years- against normal rates of 12 to 13 percent.
The scheme was announced in 2004 by the State Bank of Pakistan with the aim to bail out heavily financed textile industry.
The scheme allowed swap of loans which were taken when the interest rate was as low as 2-3 percent and subsequently jumped to double-digit figure.
Initially only value added sectors of textile chain (weaving onward) were eligible under the scheme.
In the trade policy announced on 18th July 2007, scope of the scheme was further enlarged to cover export oriented, core and developmental sectors, purchase of locally manufactured machinery and compact spinning.
Shipments to foreign countries were down 6 percent in value terms during the first eight months of the current fiscal year compared with the same period last year.
Pakistan's textile and clothing exports fell in the first eight months of the current fiscal year, due to surging raw material prices, energy crisis, financial costs and global recession.
Shipments to foreign countries were down 6 percent in value terms during the first eight months of the current fiscal year compared with the same period last year.
Cotton yarn, the primary export earning category went down by 15%, woven readymade garments by 12%, bed wear by 10%, knit wear garments by 3% during the period.
However, exports of cotton cloth and Towels went up by 6% and 10% respectively.
2006-07 (July-June) was the best year for Pakistan’s textile and clothing industry when the industry managed to export US$ 10.8 billion with the support of friendly government policies, international propitious environment, and lower cotton prices.
The shift in government policies, increases in input costs, and the global recession have changed the scenario for textile exports from Pakistan. Now the textile industry in the country is passing through a very critical period with number of closers and shutdowns.
On the domestic front, Interest rate has gone up by 20%, during the last six months and inflation in the country has reached 21%.
Since 2004, diesel prices in Pakistan has gone up by 150 percent, petrol prices by 71 percent, gas prices by 91 percent, electricity cost by 60 percent, minimum wage of unskilled workers by 140 percent.
Furthermore, shortage of energy also affected the textile industry and exports from Pakistan. During the summer season electricity shortfall is about 2,500 megawatts which results in around four to six hours of daily power cuts.
The textile industry in Pakistan invested US$6.4 billion during the period 1999-2007, when interest rates were extremely low. Textile machinery imports, as a result reached the highest level of US$928 million during the fiscal year 2004-05. This was US$438 million in the last fiscal year, reflecting the lack of modernization in the industry.
Cotton remains a primary raw material for the textile industry in Pakistan, accounting for over 70 percent of the total production cost.
Cotton production in the country is stagnant at around 12 million bales of 170 kg while cotton consumption has passed the 16 million bales mark due the massive expansions in spinning sector during the last five years. Widening demand and supply gap of cotton is pushing cotton prices to higher levels.
Consumer price index (CPI) in Pakistan reached the highest level 21.1 percent (YoY) in February 09
The increase mainly came from surging food prices which recorded at 22.9 percent during February 09, mainly due to an increase in the prices of essential food items. In addition energy prices also contributed a lot to the inflation.
Soaring food and other essential items prices have resulted in labor protests in major cities. The government has taken several measures to contain the rapid rise in inflation for next year.
To counter the rising inflation in the country, the government of Pakistan has announced an increase in minimum wages of unskilled workers to PKR6000/month (US$75/month), but there is reported wide payment of the older rate still, of PKR4000/month (US$50/month).
Government Supports and Subsidies
The government of Pakistani devalued the local currency by around 27% against the US dollar in last one year.
The government of Pakistan had been paying a 6% Research and Development (R&D) subsidy on exports of woven and knitted garments, 5% on dyed and printed home textiles, and 3% on dyed and printed fabrics. These payments are now suspended since July 2008.
The government has paid some PKR 31 billion to the textile exporters against the scheme, including PKR 6.975 billion to fabrics, PKR 0.997 billion to bed wear and knitwear and PKR 21.175 billion to garments sector.
The subsidy was first announced in June 2005, but only for knitted and woven garments.
In mid-2006, home textiles and finished fabrics were included in the scheme.
State Bank of Pakistan (SBP) has also paid more than US$ 800 million to the textile sector under the Long Term Financing of Export Oriented Projects (LTF-EOP) scheme since May 2004.
Under the scheme concessionary long-term project finance to export-oriented enterprises was provided since May 2004 for import of machinery.
The interest rate is charged at around 7.5 percent -repayable in 7 years- against normal rates of 12 to 13 percent.
The scheme was announced in 2004 by the State Bank of Pakistan with the aim to bail out heavily financed textile industry.
The scheme allowed swap of loans which were taken when the interest rate was as low as 2-3 percent and subsequently jumped to double-digit figure.
Initially only value added sectors of textile chain (weaving onward) were eligible under the scheme.
In the trade policy announced on 18th July 2007, scope of the scheme was further enlarged to cover export oriented, core and developmental sectors, purchase of locally manufactured machinery and compact spinning.
Scenario Of Apparel Export Of Pakistan
Pakistan has attained a creditable position in the world because of its large scale textile industry. It ranks fourth in the production of cotton and ranks third in the consumption of cotton in Asia. The share of cotton export is 60% of total export of Pakistan. The government of Pakistan has developed the separate ministry of textile industry in the year 2004 after the outstanding performance of industry in the area of Apparels.
Right now it seems that Pakistan Textile industry is in a stagnant condition. The higher production costs have brought about this regress. Because of the internal competition with other industries the production cost goes high, and the higher cost weakens the conditions of the Pakistan export market in the international market. Exports of Pakistan textiles are not praise-worthy in comparison with those of Bangladesh, China and India. The figures of apparel export of Pakistan, China, India, Bangladesh and Sri Lanka to the US in the first half of the year 2006 are shown in the following chart.
The apparel export rates of China are higher than its other South Asian competitors. The apparel export made by China is at $2.80 per square meter, by Bangladesh is at $2.17 per square meter, by Pakistan is at $1.94 per square meter and by India is at $3.85 per square meter.
The decrease is seen in the rates of apparel export by Pakistan. The apparel export rates of Pakistan were $2.80 per square meter in the first half of the year 2005 and it declined by $1.94 per square meter in the first half of the year 2006. It is -6.72%. In the area of export of knitted clothing of Pakistan to EU is lower than China during the first half of year 2006. The export rate of knitted clothing for India is at 14.08 euros per kilo, for China is at 11.92 euros per kilo, for Bangladesh is at 8.17 euros per kilo and for Pakistan is at 7.46 euros per kilo.
The increase has been seen in the knitted clothing rates of Pakistan exports in European Union. In the previous year it was -10.59% but in this year it reached to 4.66%. In the first half of the previous year the export rate of woven clothing of Pakistan was -4.01 but it is 8.12% in the first half of this year so the increase of 0.34% is seen.
Karachi is main contributor in the economy of country by sharing 67%, though it lacks single industrial area. This gives negative effect to the industry. Along with it also lacks proper roads and sewage systems. The services like electricity, gas and water cost more than other areas and also lacking the recycle plants of waste products. Industries get water supply through tankers which cost high so it directly affects the production cost.
Right now it seems that Pakistan Textile industry is in a stagnant condition. The higher production costs have brought about this regress. Because of the internal competition with other industries the production cost goes high, and the higher cost weakens the conditions of the Pakistan export market in the international market. Exports of Pakistan textiles are not praise-worthy in comparison with those of Bangladesh, China and India. The figures of apparel export of Pakistan, China, India, Bangladesh and Sri Lanka to the US in the first half of the year 2006 are shown in the following chart.
The apparel export rates of China are higher than its other South Asian competitors. The apparel export made by China is at $2.80 per square meter, by Bangladesh is at $2.17 per square meter, by Pakistan is at $1.94 per square meter and by India is at $3.85 per square meter.
The decrease is seen in the rates of apparel export by Pakistan. The apparel export rates of Pakistan were $2.80 per square meter in the first half of the year 2005 and it declined by $1.94 per square meter in the first half of the year 2006. It is -6.72%. In the area of export of knitted clothing of Pakistan to EU is lower than China during the first half of year 2006. The export rate of knitted clothing for India is at 14.08 euros per kilo, for China is at 11.92 euros per kilo, for Bangladesh is at 8.17 euros per kilo and for Pakistan is at 7.46 euros per kilo.
The increase has been seen in the knitted clothing rates of Pakistan exports in European Union. In the previous year it was -10.59% but in this year it reached to 4.66%. In the first half of the previous year the export rate of woven clothing of Pakistan was -4.01 but it is 8.12% in the first half of this year so the increase of 0.34% is seen.
Karachi is main contributor in the economy of country by sharing 67%, though it lacks single industrial area. This gives negative effect to the industry. Along with it also lacks proper roads and sewage systems. The services like electricity, gas and water cost more than other areas and also lacking the recycle plants of waste products. Industries get water supply through tankers which cost high so it directly affects the production cost.
Wednesday, January 20, 2010
Exporter of Sporting Goods
PSG factory is located in Guangdong Province China, in which with unlimited supply of skillful workers. Economy of scale & long-term relationship with Chinese suppliers bring us a unique competitive advantage in offering extremely competitive price with good quality products.
We always take pride in offering on-time delivery. Our dedicated Account Manager is responsible for serving each customer & providing total solutions. Our complete and hassle-free service will satisfy your needs, which means you only have to deal with a single trustful partner instead of several, when mounting a complex sourcing task.
Over 20 years' experience in sporting goods manufacturing, PSG is now involving in all kinds of sporting nets, skateboards, scoreboards, field marking cone, as well as customized sporting bags production. PSG has excellent production skills and reputation to continuously improve in quality production.
We always take pride in offering on-time delivery. Our dedicated Account Manager is responsible for serving each customer & providing total solutions. Our complete and hassle-free service will satisfy your needs, which means you only have to deal with a single trustful partner instead of several, when mounting a complex sourcing task.
Over 20 years' experience in sporting goods manufacturing, PSG is now involving in all kinds of sporting nets, skateboards, scoreboards, field marking cone, as well as customized sporting bags production. PSG has excellent production skills and reputation to continuously improve in quality production.
Exporter of novelty Sports
Sportrend Enterprise is a supplier and exporter of novelty sport goods in China with over 5 years' experience. We supply you with the best quality scooters, skateboards, fitness and body-buildings etc, which we hope will not only enhance your recreation, health and fitness, but also help you achieve the results you desire.
We pride ourselves by always offering new valuable items at competitive prices and punctual delivery, with constant supporting services. All products available here are selected from our long-term cooperation manufacturers in China, each of which has been in the lines for many years.
We always keep developing, sourcing, evaluating and adding new products. We help our global purchase customers shorten the sourcing and buying process in China, meanwhile enhance quality control and transportation operation.
We pride ourselves by always offering new valuable items at competitive prices and punctual delivery, with constant supporting services. All products available here are selected from our long-term cooperation manufacturers in China, each of which has been in the lines for many years.
We always keep developing, sourcing, evaluating and adding new products. We help our global purchase customers shorten the sourcing and buying process in China, meanwhile enhance quality control and transportation operation.
Export of Sugar
Sugar: Pakistan’s Second Agro Industry
Sugarcane, and significant cash crop, is full-grown on more than a million hectares and provides the raw material for Pakistan’s 78 sugar mills – comprising the country’s second largest agro industry. Sugarcane production is recurring as farmers and industries continue to work at odds. Industry procurement practices, such as delaying the crushing season, buying cane at less than the support price, short weight, false deductions and delayed payments, reduce returns to farmers. Sugar millers complain that farmers plant unapproved varieties with low sucrose content, thus resulting in lower sugar production.
Sugar Industry Linking Domestic Prices with growing World Prices
According to market sources, as the international sugar price approaches $400 per ton, Pakistan’s sugar industry has increased the retail sugar price from Rs 25.5 per kg to Rs 35 per kg over the past several months. According to official sources, the Pakistan Sugar Mills Association (PSMA) has proposed that the GOP stabilize sugar prices at Rs 35 per kg, which they consider the threshold level. Sources note that the sugar industry expects Pakistan’s next sugar cane crop to decline by 10 percent.
Sufficient Sugar Stocks Available
Sugar stocks at present are reportedly around 1.8 million tons, sufficient to meet domestic requirements up to November 2008 -- the start of the next crushing season. However, the PSMA predicts that price pressure will continue beyond November due to the reduced area currently under agriculture.
Sugarcane, and significant cash crop, is full-grown on more than a million hectares and provides the raw material for Pakistan’s 78 sugar mills – comprising the country’s second largest agro industry. Sugarcane production is recurring as farmers and industries continue to work at odds. Industry procurement practices, such as delaying the crushing season, buying cane at less than the support price, short weight, false deductions and delayed payments, reduce returns to farmers. Sugar millers complain that farmers plant unapproved varieties with low sucrose content, thus resulting in lower sugar production.
Sugar Industry Linking Domestic Prices with growing World Prices
According to market sources, as the international sugar price approaches $400 per ton, Pakistan’s sugar industry has increased the retail sugar price from Rs 25.5 per kg to Rs 35 per kg over the past several months. According to official sources, the Pakistan Sugar Mills Association (PSMA) has proposed that the GOP stabilize sugar prices at Rs 35 per kg, which they consider the threshold level. Sources note that the sugar industry expects Pakistan’s next sugar cane crop to decline by 10 percent.
Sufficient Sugar Stocks Available
Sugar stocks at present are reportedly around 1.8 million tons, sufficient to meet domestic requirements up to November 2008 -- the start of the next crushing season. However, the PSMA predicts that price pressure will continue beyond November due to the reduced area currently under agriculture.
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