The use of synthetic yarn is gradually making room in
Pakistan's textile exports naturally due to increasing demand in the
world market which, is certainly a good sign of diversification in the
cotton based textile products in Pakistan.
The bedwear sector, which is emerging as one of the
leaders among the textile producers is focusing to hit the mark of one
billion dollar exports has already started producing blended fabrics to
cater to the need of the world market.
Shabbir Ahmed, Chairman Pakistan Bedwear Association
told PAGE that export of blended fabrics is increasing gradually
from Pakistan which, would certainly help to maximize benefits of the
cotton produced in Pakistan.
It may be noted that Pakistan's textile sector
imported synthetic fibre and yarn worth $145.9million during the last
year to meet the increasing world demand for the blended fabrics and to
earn more foreign exchange.
The import figure reflects an increase of 25 per cent
over the last year's comparable figure of $116.558million.
The demand for blended fabrics increases manifold
during winter in the Western Europe while the blended fabrics are much
in demand in the Eastern European countries round the year.
Increasing the use of synthetic yarn in the textile
products is the significant joint ventures with some leading French
textile exporting companies in Pakistan.
In addition to synthetic fibre, the local textile
industry has also imported about 1.2m bales of lint cotton from various
countries after world prices dipped to new low last year and early this
The bulk of the imported stuff is export at much
higher rates after value-addition to the Far Eastern countries after
adding value to it. A part of the imported synthetic yarn also consumed
by the local end-product users.
Having in its fold over a dozen units including Dewan
Salman, Ibrahim Fibre, ICI Pakistan has a large synthetic industry,
which after catering to the local consumption needs also export to other
In the European market, the demand for the blended
fabrics rises, as consumers like to wear them in winter, while in summer
they like to wear clothes of pure cotton.
The use of synthetic fibre in cotton has been
progressively rising during the last couple of years as leading local
spinners do not want to loose their grip on the almost secured consumer
base in the European market.
The share of synthetic fibre in cotton textiles has
gradually risen to 30- 40 per cent.
The role of synthetic fibre is supplementary to the
textile sector and not against its growth as it makes its products on
the world market more competitive and enabling to it higher forex
A couple of months back the local synthetic industry
was the victims of falling world prices but it suited to the textile
industry at local front. However the prices started rising to the level
of Rs62 from the previous Rs52 per kg have made now more viable for the
Pakistan's textile sector which has been sufficiently
modernized earned $5.795 billion during the recently concluded financial
year 2001-2002 as compared to $5.577 billion of 2000-2001 indicating a
growth of 9.7 per cent.
The exports of bedwear fetched $918.5 million against
$744.8 million showing growth of 23.3 per cent while towels exports also
increased by 11.6 per cent to $269.8 million against $241.6 million of
the previous year.
Readymade garments improved by 6.68 per cent to $882
million from $826.7 million where as made-ups increased by 6.2 per cent
to $351 million as compared to $330.9 million.
According to textile experts, growth in the textile
exports can be described as remarkable in the backdrop of the worldwide
economic recession and difficult global conditions prevailing in the
aftermath of the events of terrorism in the United States and its
retaliation against terrorists in Afghanistan.
They said that the textile sector has availed the
opportunity emerged after the incentives given by the EU countries for
the exporters. However, there is still a great room for the promotion of
textile exports, as a large market for textile products is still lying
untapped in the Eastern Europe. They were anticipating more
opportunities for promoting exports of textile products in the US market
as the incentives and facilities are still due in the US market. The
current trend of relocating the textile industry in the United States is
also bound to offer tremendous opportunities for the textile producing
countries including Pakistan.
In order to get the optimum results of the quota
available in the US market, the government has decided to make
amendments in the textile quota management policy. Due to the change in
the policy, the carry-over and exceptional flexibility quotas have been
The Ministry of Commerce has informed all the
textiles associations through Export Promotion Bureau about this
decision of making the "Carry-over" and "exceptional
flexibility" quota transferable. As a result of this decision, the
textile exports under quota regime are also likely to prove result
oriented in the overall export performance of the textile sector.