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- With weak US cotton and increased domestic supply, can the upward trend continue in the future?
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In the first half of this year, my country's home textile exports remained generally stable, totaling $16.03 billion, flat year-on-year. Impacted by high tariffs, my country's home textile exports to the US continued to decline in the second quarter, but the downward trend has slowed, and my country's exports to non-US markets remain resilient.
Product Sub-segments Performed Differently
Bedding, carpets, bed blankets, kitchen and bath textiles, curtains, towels, and tablecloths are the main product segments of my country's home textile exports. In the first half of the year, with the exception of towel and tablecloth exports, exports of other products remained generally stable. Bedding exports reached $6.96 billion, up 0.2%; carpet exports reached $2.15 billion, up 1.2%; kitchen and bath textile exports reached $1.58 billion, down 2.2%; curtain exports reached $1.54 billion, up 2.9%; bed blanket exports reached $1.58 billion, up 0.3%; towel exports reached $890 million, down 8.8%; tablecloth exports reached $370 million, down 8.9%; and exports of other manufactured products reached $970 million, up 7.8%.
Trend Outlook
Since the beginning of this year, my country's home textile exports to the US have been hampered, with a significant decline between April and May, though the decline narrowed in June. However, my country's exports to non-US markets have remained relatively resilient. In the first half of the year, the US market's share of my country's exports fell from 33% in 2024 to 29.9%. The industry is expected to continue to face pressure in the second half of the year, and Chinese home textile companies need to closely monitor and prepare for the expected decline.
Looking ahead to the export situation in the second half of the year, on the one hand, the Trump administration's global tariff policy has been temporarily lifted, and the global trade environment is expected to return to relative stability after the volatile first half of the year. On the other hand, the Sino-US tariff war will also push Chinese home textile companies to reshape their global trade and investment landscape. Faced with this new landscape, Chinese home textile exporters urgently need to implement industrial optimization and market diversification strategies, actively expand into developed non-US markets, deepen partnerships with potential markets such as Central Asia, the Middle East, and Latin America, reduce dependence on a single market, and consolidate integrated upstream and downstream operations to maintain a strong position in the long-term game. Statement: The content of this article is compiled from the Internet and the copyright belongs to the original author; if there is any infringement, please inform us in time and contact us to delete it.
- Unveiling the core components of Mono Color Masterbatches!
- The 2025 International Textile Innovation Conference will be held in Keqiao, Shaoxing on N
- Why choose Mono Color Masterbatches? The four core advantages are irreplaceable
- The adjustment of the global industrial chain has forced the upgrading of the risk prevent
- What is a Complex masterbatch? What are the outstanding advantages?
- With weak US cotton and increased domestic supply, can the upward trend continue in the fu
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